Early in the American session, the British pound is trading around 1.2373 below the 21 SMA and within the downtrend channel formed since January 9. …
Showing posts with the label januaryShow all
January 25, 2023 : EUR/USD Intraday technical analysis and trading plan.
In the intermediate-term, the pair is just above the newly visited price levels around 0.9600 that haven't been visited since 2002. That's …
Ichimoku cloud indicator analysis on Gold for January 24th, 2023.
Gold price remains in a short-term bullish trend as price continues trading above the 4 hour Kumo (cloud). Support by the cloud is at $1,906. As lon…
Short-term technical analysis on EURUSD for January 23rd, 2023.
Red lines- bullish channel Blue lines- bearish RSI divergence EURUSD is making new multi month highs above 1.09.The week started on a positive not…
Ichimoku cloud indicator analysis on Gold for January 20th, 2023.
Gold price is trading around $1,927. Price continues to respect the cloud support and remains in a bullish trend in the 4 hour chart. Support by the…
Ichimoku cloud indicator analysis on EURUSD for January 20th, 2023.
EURUSD is trading around 1.0838. Price tested the 4 hour Kumo (cloud) and support was held. Price is bouncing off the cloud support and is breaking …
Technical analysis on the Dollar index for January 20th, 2023.
Violet lines- Fibonacci retracements Black line- bullish RSI divergence The Dollar index is trading around 102. Price has stopped the decline at t…
Weekly analysis on the stock price of Ford Motors for week ending January 20th, 2023.
Blue line- resistance Red line -support In our previous posts on Ford stock price we have succeeded in forecasting the decline towards $11 after t…
Short-term technical analysis on Gold for January 19th, 2023.
Red line- support trend line Violet lines- Fibonacci retracement levels Gold price is in a short-term bullish trend making higher highs and higher…
Ichimoku cloud indicator analysis on EURUSD for January 16th, 2023.
EURUSD is trading just above 1.08 as price is again under pressure following Friday's negative session. Technically trend remains bullish as pri…
January 12, 2023 : GBP/USD Intraday technical analysis and significant key-levels.
Previously, the GBP/USD pair remained under bearish pressure to challenge the new daily low established around 1.2150 which was bypassed few days af…
EUR/USD Bulls Push Par Above January High
EUR/USD Daily Chart Bulls got a strong entry bar following last Friday’s strong outside up bar. Bulls want an upside breakout above the Janua…
GBP/USD. Analysis for January 4. The ISM index may reduce demand for the US currency.
Although the wave marking for the pound/dollar instrument now appears extremely complex, clarifications are not necessary. The five-wave upward tren…
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…
