DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, 12 RETECH CORPORATION, GENERAL ELECTRIC COMPANY COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Having bobbed off the 0.8720, EURGBP appears losing its upside energy and may return to the 0.8770 and the 0.8745 backings, however, the 0.8720 could limit the combine's following decays. In the event that costs keep exchanging southwards past-0.8720, the 0.8700 and the 0.8665 may show up in the Bears' radar to target.
In actuality, a quick ...
GBPCHF's three-week ascending trend satisfying the pullback formation. On a daily closing, GBPCHF expanded its recovery towards 1.3130. However, the 1.3200 and the 1.3260 horizontal-region could restrict the pair's upside past-1.3130, if not then 1.3330 & 1.3350 might flash as quotes. If the pair successfully traded beyond the 1.3350 can entertain ...
In a day time-scale, the EURJPY attempting a pullback action after the support line breakthrough. The 130.0 will be the checkbox for the price range in order to justify the pullback action. In case the pair rises past-130.85 on a daily closing basis, the 131.40 & 132.00 are likely following numbers to appear on the chart. However, a downward ...
CADJPY gathering the sellers' attention, the one-month-old ascending trend break off failed to hold the price range in an uptrend. In a 4hr time scale, CADJPY extends its recovery pullback from the 88.707 towards the 86.900 & the 86.600 this action could easily break the one-week-old low mark. The 86.600 passthrough will decline the price range to ...
Two weeks old descending trend made the price range to move in a resistance-support consolidation. In a 1hr time-frame, EURUSD keeping the price range in the downtrend at the same time, the pair has a chance for the further declines. In case the declines continue, the 1.14600 and 1.14300 are the next support zones for the price range.
On the ...
AUDNZD progresses with the seven weeks old descending trend, forming a symmetrical triangle which limits the pair's further advances. Moreover, the price range likely to revisit reset points 1.09300 and the 1.09000. A successful passthrough after the reset points may aim for the triangle support around 1.08750. The support break-off may try to ...
If you are a former forex trader, you may know What is Foreign Currency Swap in forex trading. Fortunately, if you are a newbie trader you might wonder what the term refers to, then this post only for you,
FOREIGN CURRENCY SWAP
A currency swap is known as a cross-currency swap, which involves the exchange of one currency for same in another ...
NZDJPY weakness portrayed in the descending trend line, technically NZD fetching more power than JPY. So, the bull area has brighter chances to get highlighted, and the throwback formation might aim for the 74.50. Moreover, the 74.70 could try to restrict the pair's further upmove. But the victorious barrier excellence can grab the quotes 75.00, ...
Triangles are one of the pattern formations in the chart which helps traders to predict what would be the next move. The triangle formations are classified into three types,
1. Symmetrical triangle
2. Ascending triangle
All three triangles differ in shape and their prognostic functions.
Usually, the ...
On a daily basis, EURUSD ready for a reversal from the current trend. Regardlessly, a reversal from 1.13062 attempted to equalise the last month drop, but the break off failure geared the price range in the downtrend. In spite of the reversal failure the price range likely has a possibility for throwback action from the current trend.
Descending trend limits the NZDCHF quick upside move @ 0.6525. Meantime, it isn't the only barrier to restrict the movement. The 0.6575 also has the power to disappoint the bull.
On a daily basis, a successful surpass through the 0.6575 could highlight the 0.66100 & 0.66500 in order to target the 0.66800.
On the Contrary, In spite of the ...
USDJPY's successful break of 113.20 confronts the barrier before running towards 114.00 & 114.40 resistances with 112.75 acting as follow-on rest if prices dip below 113.20.
On the daily closing, USDJPY marking its presence in Uptrend but the moving zones are restricted. The 112.75 & the 114.40 are the consolidated support and resistance for the ...
On a daily closing, EURUSD indicates valid chances for the further decline. Six-month-old Sharp wedge breakoff adding extra nitrous for the process, this decline action could fetch 1.15200. The pair Should confine the price range @1.15200.
On the contrary, In case the price range got any pullback from the current trend then, the 1.1655 and the ...
On a daily basis, USDCHF struggles to recover. The extent recovery action 0.97800 failed to possess the horizontal region, still stands to challenge the buyers. At the same time, the pair has a valid chance for pullback action to target the 0.98650, quotes beyond the 0.98650 would publish continues high resistances @0.99200, 0.99800.
On the contrary, ...
EURCAD casting the double side break-off pattern execution. On a daily closing, pair marking its presence in the downtrend. The slanting support break-out @1.51316 might offer instant halt zones for the price range, the 1.50500 & 1.50000 are attention seeking zones.
Meanwhile, the wedge breakout could tend a pullback action and reverse the price range from the ...
Two-months-old triangle formation declining the price range towards down, the 0.7365 could offer instant support. In the 4hr time-scale, the price has a chance for pullback action and the signals should have to pass through 0.7310 to justify its strength. A successful surpass will highlight the 0.7270.
On the contrary, the upside down ...
USDCAD likely have chances for the downward move. In 4 hr timescale, the pair moving with the double wall protection setup (i.e) with double consolidation chamber. The pair needs to clear the 1.2970-75 resistance in order to target the northern numbers 1.30000 and 1.30450.
But the technical aspects might pull the price range towards down this ...
NZDJPY five-month-old descending trend breakout executes the throwback formation from the resistance turned support. Meantime, the pair has a chance for a pullback from the zones 75.70-76.00, the pair should pass the immediate barriers 76.30 and the 76.85 to confirm the Uptrend Continuation. On the daily closings, If the trade managed to trade ...