Short-term technical analysis on EURUSD for January 2nd, 2022.
Black lines- support trend lines Green line -resistance (broken) EURUSD is trading around 1.0680 after breaking last week above the short-term res…
Showing posts with the label 2022Show all
Trading signal for GBP/USD on December 29 - 30, 2022: buy above 1.2020 (21 SMA - 200 EMA)
Early in the American session, the British Pound (GBP/USD) was trading around 1.2036 bouncing after having reached the 200 EMA located at 1.2017. It…
Short-term technical analysis on DAX for December 22nd, 2022.
Red lines- Fibonacci retracements Green lines- Fibonacci retracements Blue lines- Fibonacci extension targets DAX is under pressure. Price is now…
Trading Signal for GBP/USD for December 21 - 22, 2022: sell below 1.2165 (21 SMA - 200 EMA)
Early in the American session, GBP/USD is trading at 1.2147 below the 21 SMA and below the 200 EMA. Since December 15, we can see that the British p…
Trading Signal for GOLD (XAU/USD) for December 20 - 21, 2022: sell in case of pullback at $1,820 - $1,825 (6/8 Murray - uptrend
Early in the American session, Gold (XAU/USD) is trading around 1,807.79 above the 21 SMA and below the 6/8 Murray. According to the 4-hour chart, …
Short-term technical analysis on EURUSD for November 28th, 2022.
Red lines- bearish RSI divergence EURUSD is trading around 1.0411 while earlier today price was making new short-term higher highs around 1.0497. b…
Trading Signal for GBP/USD on November 11-14, 2022: sell below 1.1780 (strong resistance - 21 SMA)
Early in the American session, the British Pound (GBP/USD) is trading at around 1.1760 and above 8/8 Murray (1.1718). We can see a strong bullish bi…
Trading Signal for GBP/USD on October 12 - 13, 2022: sell in case of pullback 1.1105 (bearish channel - 21 SMA)
In the Asian session, the GBP/USD pair fell to a low of 1.0923. Around this area, it found a strong technical rebound that reached the level of 1.10…
Trading Signal for Gold (XAU/USD) on October 11 - 12, 2022: buy above 1,670 (rebound - 61.8% Fibonacci)
Early in the American session, Gold (XAU/USD) is trading at around 1671. It is recovering from losses after hitting the 1,660 level in the European …
Technical analysis on Ethereum for October 7th, 2022.
Blue line- neckline resistance Red lines- Fibonacci extension targets Ethereum is trading around $1,330. Price has mostly been moving sideways the…
Trading Signal for EUR/USD for September 19-20, 2022: buy above 0.9970 (21 SMA - 2/8 Murray)
Early in the American session, EUR/USD is trading above the 21 SMA located at 0.9989 and above Murray's 2/8. The euro is likely to continue risi…
Weekly Gold analysis for week ending September 16th, 2022.
New weekly lows for Gold. Price continues making lower lows and lower highs on a weekly level. Price has broken below both the 2022 and 2021 lows. P…
Weekly EURUSD analysis for week ending September 16th, 2022.
Red lines- bearish channel EURUSD is trading below parity against the Dollar. This week bulls made an attempt to break above resistance and reach 1…
The weekend Forex report for the week starting August 29, 2022: Fed's Powell gets serious.
What is driving the EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD, AUDUSD and NZDUSD? In the video, a look at the US major indices and crude oil is anal…
Ichimoku cloud indicator analysis on Gold for August 26th, 2022.
Gold price is under pressure. Price is around $1,747 but the kijun-sen (yellow line indicator) has moved higher and the tenkan-sen (red line indicat…
Ichimoku cloud indicator analysis on EURUSD for August 26th, 2022.
Black lines- Fibonacci retracements EURUSD is trading above recent highs of 1.0010. Price is now at 1.0030 with a 4 hour candle close above the rec…
Technical analysis on EURUSD for August 24th, 2022.
Black lines- Fibonacci retracement levels EURUSD is trading around 0.9980. Price reached 0.9910 earlier today but price is bouncing again. As long …
Ichimoku cloud indicator analysis on Gold for August 24th, 2022.
Gold price is challenging the Daily Kumo (cloud). Price is above the kijun-sen (yellow line indicator) which provides important support at $1,743. T…
Technical analysis on EURUSD for August 23rd, 2022.
Red lines- bearish medium-term channel Green line- bullish RSI divergence EURUSD is bouncing today but price remains below parity. Price has made …
Bitcoin analysis for August 22nd, 2022.
Black line- resistance trend line Bitcoin is trading around $21,000. After a sharp decline from $24,000 to $20,800, price has paused the last two s…
