Forex Technical Analysis, Patterns, Trends and Trade Ideas for This Week
EUR/USD going nowhere last week as I suspected so that has meant buying at strong support at 1.0975/55 (a low for the day here on Friday) & sel…
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Analysis of the trading week of May 1-5 for the EUR/USD pair. COT report. Two meetings, Non-farms, and nothing has changed.
Long-term perspective. The EUR/USD currency pair traded illogically again this week. This applies to individual macroeconomic events, fundamentals,…
Analysis of the trading week of April 24-28 for the EUR/USD pair. COT Report. A boring week, but the euro currency is back
Long-term perspective. The EUR/USD currency pair was traded illogically again this week. We should start with the fact that we did not see any corr…
Analysis of the trading week April 17-21 for the EUR/USD pair. COT Report. Boring week, a new attempt by the euro to show
Long-term perspective. The EUR/USD currency pair again traded somewhat illogically this week. The correction never began, although the pair remaine…
Analysis of EUR/USD on April 10. Easter Monday, and that says it all.
The wave markup of the 4-hour chart for the euro/dollar pair continues to get more confusing due to the recent upward waves. These waves are the beg…
Ichimoku cloud indicator analysis on EURUSD for April 10th, 2023
EURUSD is under pressure. Price is challenging the 4hour Kumo (cloud) support at 1.0855. Price is vulnerable to more downside as it trades below bot…
Technical analysis of GBP/USD for April 09, 2023
Overview: The GBP/USD pair broke resistance which turned to strong support at the level of 1.2302 yesterday. The level of 1.2302 coincides with a g…
Technical analysis on NZDUSD for April 4th, 2023.
Black line- resistance Blue line -support trend line Yellow rectangles- higher lows NZDUSD is trading around 0.6271 after making a new higher hig…
EUR/USD. Analysis for March 30. The euro continues to build an upward set of waves
The last upward wave has caused more confusion with the wave analysis on the 4-hour chart for the euro/dollar pair. Given that the previous descendi…
Bitcoin analysis for March 27th, 2023.
Blue lines- bearish RSI divergence Red lines- trading range Bitcoin is trading around $27,300. Over the last couple of sessions price has made no …
March 21, 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 …
March 21, 2023 : GBP/USD Intraday technical analysis and significant key-levels.
Previously, the GBP/USD pair remained under bearish pressure to challenge the significant daily bottom established around 1.1750 which was bypassed …
Ichimoku cloud indicator analysis on Gold for March 21st, 2023.
Gold price is trading around $1,950. Trend remains bullish but there are signs of vulnerability. Gold price has broken below the tenkan-sen (red lin…
Technical Analysis of EUR/USD for March 21, 2023
Technical Market Outlook: The EUR/USD pair keeps moving up towards the last swing high located at 1.0760 and the recent local high was made at the l…
Technical analysis on Gold for March 20th, 2023.
Red lines- bullish channel Gold price is trading around $1,969. After briefly reaching as high as $2,009 Gold price has started to turn around. Pri…
EUR/USD. Analysis for the trading week of March 13-17 (COT report)
Long-term outlook Throughout the current week, the EUR/USD currency pair's trading was flat. Also, we are discussing the flat in terms of both …
Ichimoku cloud indicator analysis on EURUSD for March 17th, 2023.
EURUSD is trading around 1.0645 as price is bouncing off the recent lows at 1.0517. Price remains in bearish trend according to the Ichimoku cloud i…
GBP/USD: trading plan for the US session on March 6 (analysis of morning deals)
In my morning forecast, I focused on the level of 1.2019 and provided advice based on it for traders who were considering entering the market. Let…
Combining volume profile in technical analysis: Bitcoin's target is $21250 (apx 5% lower)
Opinion provided as the technical analysis video shows the next price 'magnets' An effective bitcoin trading method based on volume pro…
GBP/USD. Analysis for March 2, 2023
The wave analysis for the pound/dollar pair now appears to be challenging, but it does not call for any clarifications. The wave patterns for the eu…
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