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Looking at the chart on the weekly time frame, we see that the pair has been very bullish for the last two months and that this year a break has been made above the moving averages that are now on the support side towards higher levels. The pair is currently in the essential zone at 1.08000-1.08300, which was also a resistance zone in previous periods. To continue...

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Looking at the chart on the weekly time frame, we see that the EUR/JPY pair reached the zone around 127.00 but failed to stay above, and now the pullback is in effect. Currently, testing is a moving average of the MA200 (purple line), the break was made below, and there is now a chance it will still slide down. Also, on the chart, we see that the previous...

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Looking at the chart on the weekly time frame, we see the continuation of the bearish trend in the first half of January and the continuation towards the lower levels and the target of 1.55000. we can also notice that the pair fell below the moving average MA200 (purple line), and this last happened in July 2017; when we set the Fibonacci retracement level, we see...

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Looking at the chart on the weekly time frame, we see that the euro is discounting against the pound. The pair fails to stay above 0.92000 and slides down to the current 0.88800. Important on this chart is the moving average of the MA100 (blue line) and MA200 (purple line), which we can now view as support or see the beak below as resistance and a signal for a...

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Looking at the chart on the weekly time frame, we see that this pair last week failed to stay above 1.23000, making a big wick on the previous candlestick, making a downward turn. Below we have support at 1.20000, which is a psychological level for investors. The shorter time frame is bearish momentum, and we need to follow it to the end because the current...

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Looking at the chart on the weekly time frame, we see that the AUD started the week badly against the dollar and that if this week closes in red, we can expect the correction to continue to 0.75000. Today is Monday, and it’s still early for some safer sell signal. If we follow the Fibonacci level and expect a pullback as the target, we can have a Fibonacci level...

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Looking at the weekly time frame graph, we see that the pair is now at a Fibonacci level of 38.2% at 1.26700. The bearish scenario is still in force, and we can expect a sequel in the coming period. Before that, it is possible to consolidate at this Fibonacci level for the dollar to take a break. On the upper side, we also have a trend line, which is a big...

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Looking at the chart weekly, we see a strong bearish scenario, with a pullback within the weekly candlestick. In this time frame, we see that our solid resistance is run by the average MA20 (light blue line). This week’s candlestick is bullish and will probably close. On the bullish option, if we see it at all, it will be short-lived. On the daily time frame, we...

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Looking at the chart on the weekly time frame, we see a strong bullish trend from March 2020, with the potential to continue further towards higher levels on the chart towards 82-83.00. The pair also crossed the moving average of the MA200 last week, so it now has the support of all moving averages. By setting the Fibonacci, we see that 61.8% was made a break...

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Looking at the chart on the weekly time frame, we see a bearish trend in the coming period. The dollar has been under pressure for a long time, while the Japanese yen has always been a safe currency for investors, especially now due to the global coronavirus pandemic. On the chart from the top, we see the long-term trend line as resistance and moving averages that...

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Looking at the chart on the weekly time frame, we will notice that the pair is under high pressure below 1.92000 and below all moving averages. The pressure on the pound continues this year; Brexit has been agreed upon, but now it needs to be applied on the ground, but it will take time to do so. Technically, the Fibonacci indicator shows us that we have a...

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Looking at the chart on the weekly time frame, we see a continuation of the bearish trend with less consolidation of the previous two weeks. We are looking at whether the EUR/NZD pair will manage to stay above the moving average of the MA200 at 1.69700; the withdrawal was from the previous MA100 with 1.72700. The continuation of the Bearish scenario is very...

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Looking at the chart on the weekly time frame bullish scenario is still very likely. At the end of the year, the markets are closing due to the New Year’s holidays, and we can expect a continuation in the next year. By setting the Fibonacci level, the AUD/USD pair is currently testing the level of 78.6% at 0.75750, and now we can expect consolidation at that...

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Looking at the chart on the weekly time frame, we see that the NZD/USD pair is stable above 0.70000 for now and records gains against the US dollar. In this time frame, moving averages are of no use because they are far below 0.67000. This week’s candlestick made a pullback to 0.70000 but again pulled up above 0.71000. In the new year, we will likely see the...

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Looking at the chart on the weekly time frame, we can see that the euro is currently at a very important crossroads. It has made big gains since the beginning of the year against the dollar. The EUR/USD pair is now at a Fibonacci level of 50.0%, and we can now expect consolidation at that level. In 2017, we also had a strong bullish momentum to 1.25000, which...

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Looking at the chart on the weekly time frame, we see that the GBP/AUD pair is sitting on the trend line, and for now, it is resisting and making support for the pound. Technically, the Fibonacci level’s support is 61.8%, and the resistance level is 50.0%. The top is the pressure of all three moving averages MA50, MA100, and MA200, which is almost broken down. To...

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Looking at the chart on the weekly time frame, technically, we have a resistance of 0.71000. Today’s decline in the New Zealand dollar can be linked to a global increase in risk worldwide with the emergence of a new virus in the UK. In such an atmosphere, investors enter more secure currencies such as USD, CHF, and JPY, and other currencies are in the background...

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Looking at the chart on the weekly time frame, we see a bullish trend throughout this year with certain pullbacks and the support of moving averages MA50, MA100, and MA200. The EUR/CAD pair tested the zone around 1.6000 twice, and now there is a possibility that it will climb to that zone for the third time. For now, the lower side of the zone around 1.55000 gives...