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…
Showing posts with the label marchShow all
USD/CAD outlook for March 29, 2023
After breaking through the important short-term support levels 1.3715, 1.3680 (200 EMA on the 1-hour chart), 1.3630 (200 EMA on the 4-hour chart), U…
Trading Signal for USD/JPY for March 28 - 29, 2023: sell below 131.25 (4/8 Murray - bearish channel)
Early in the US session, the Japanese Yen is trading around 131.01, making a retracement after reaching a high of around 131.28, the level which coi…
Trading Signal for GOLD (XAU/USD) for March 27 - 28, 2023: buy above $1,944 (6/8 Murray - strong support)
Early in the American session, Gold (XAU/USD) is trading around 1,952.26, above the 200 EMA, and below the 21 SMA located at 1,973. Since the openin…
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…
Forecast for EUR/USD on March 7. Traders expect "hawkish" rhetoric from Powell
On Monday, the EUR/USD pair kept growing in the direction of the upward trend corridor's upper line. This corridor continues to describe the trad…
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…
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…
GBP/USD. Overview for March 1, 2023
The GBP/USD currency pair has been fluctuating over the past few weeks. The pair has been trading in the 500-point side channel for several months, …
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