EURUSD TECHNICAL ANALYSIS Here is a EURUSD Technical Analysis on the weekly time frame. It is a major currency pair and one of the 21 currency pairs that we cover in our Forex Signals App that is available on both Android and iTunes. You can also view the Forex Signals App video demo. EURUSD on
US DOLLAR INDEX (DXY) TECHNICAL ANALYSIS DXY on the weekly time frame and still within a downward pointing channel. Price have been forming an ascending triangle pattern since late January this year. It is now trying to push higher and we can see that dynamic resistance in the form of 30 ema is not too
EURNZD TECHNICAL ANALYSIS EURNZD on the daily time frame and still within a channel tilted to the upside. Bulls are back in control and pushing price upwards towards the upper part of the channel. Buying at these levels would be risky and if ever attempted should be with a tight stop loss. Observe mode on
USDCAD TECHNICAL ANALYSIS USDCAD on the daily time frame and still within a channel tilted to the upside. Down trend still intact but we saw some retracement in the pair yesterday and on NY close we saw a bullish candle having been formed. Price fell below the 61.8 Fib level before finding buyers and profit
EURUSD TECHNICAL ANALYSIS EURUSD on the daily time frame and still within a sideways channel. 1 Price found support around the 1.2220 level and have staged a bullish come back for 4 days. Today, price have the option of continuing its bullish rebound or to fall and retest the 15 exponential moving average. Topside, we
XAUUSD TECHNICAL ANALYSIS Gold is consolidating within a triangle at the moment with a base around the 1321 prize zone. Price have been swinging within a slightly downward sloping channel since late January this year and we have yet to see the main direction gold would want to take. At the moment, traders have been
EURUSD TECHNICAL ANALYSIS After the release of Non Farm Payrolls during New York session which showed worse data compared to last month's data, we saw EURUSD rise. Currently from the chart you can see that EMA 30 is acting as resistance, dynamic resistance to be precise. We will have to observe how price behaves at
USDJPY TECHNICAL ANALYSIS Lets look at the USDJPY on the 4 hour time frame. I have marked up the chart and as you can see the pair has broken above its wide downtrend channel. Above the 107.0 level, we can expect this pair to continue moving up. Currently price pulling back and testing the dynamic
AUDJPY TECHNICAL ANALYSIS Lets look at the AUDJPY on the 4 hour time frame. I have marked up the chart and as you can see the pair is in a downtrend channel. Trend is down but we do not discount the possibility of this pair rebounding back up to the top slanting line of the
*Analysis is for Premium Members Only EURUSD TECHNICAL ANALYSIS The currency pair trading within a triangle formation and bouncing off support at around the 1.2160 level while strong resistance can be seen at the 1.2520 price level. The moving averages have started to go sideways and we are in a consolidation phase at the moment.
