Short Term Forex Analysis
USDCAD Daily Analysis – August 21, 2020
USDCAD extended its downside movement from 1.3715 (Jun 26 high) to as low as 1.3132. As long as the price …USDJPY Daily Analysis – August 21, 2020
USDJPY is now in the downtrend from 107.05, the bounce from 105.10 is likely corrective consolidation for the downtrend. Further …AUDUSD Daily Analysis – August 21, 2020
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6776 (Jun 15 …GBPUSD Daily Analysis – August 21, 2020
GBPUSD broke above 1.3185 resistance and extended its upside movement from 1.2251 (Jun 29 low) to as high as 1.3266. …EURUSD Daily Analysis – August 21, 2020
EURUSD extended its upside movement from 1.1168 (Jun 19 low) to as high as 1.1965. Further rise would likely be …
Long Term Forex Analysis
USDCAD Weekly Analysis – September 20, 2020
No changed in our view, USDCAD remains in the downtrend from 1.4667, the price action from 1.2993 is likely consolidation …USDJPY Weekly Analysis – September 20, 2020
USDJPY is facing 104.18 support, a breakdown below this level could trigger further downside movement towards 103.00. Key resistance is …AUDUSD Weekly Analysis – September 20, 2020
AUDUSD remains in the uptrend from 0.5507, the pullback from 0.7413 is likely consolidation for the uptrend. As long as …GBPUSD Weekly Analysis – September 20, 2020
GBPUSD is facing the support of the rising price channel on the daily chart. As long as the channel support …EURUSD Weekly Analysis – September 20, 2020
EURUSD broke below the rising trend line on the daily chart and continued its sideways movement in a trading range …
Special Focus
Gold Price Is Facing Triangle Pattern Resistance
XAUUSD is facing the resistance of the upper trend line (now at around 1343.00) of the triangle pattern on its …USDCNH Formed Triangle Pattern On Daily Chart
The USDCNH pair formed a triangle pattern on its daily chart for several weeks. All we can do is wait …AUDUSD Ran In Falling Channel On Daily Chart
The AUDUSD pair ran in a falling price channel on the daily chart. Price just bounced off the top trend …GBPJPY Failed To Break Below 146.93 Support
GBPJPY failed in its attempt to break below 146.93 support, and stayed in a trading range between 146.93 and 152.85. …GBPJPY Moved Sideways Between 146.93 and 152.85
GBPJPY moved sideways in a trading range between 146.93 and 152.85 for several weeks. Support is at 146.93, as long …
Daily Forex Reports
FTSE Selling The Rallies At The Blue Box Area
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of FTSE published …TecDAX: Buying Opportunity in German Technology
TecDAX is a stock index which tracks the performance of 30 largest German companies from the technology sector. Even though …AUDJPY : Support Becomes Resistance
On September 10/2020 AUDJPY registered a temporary top and started to trend lower. When a market is trending it will …GBPNZD : Trading with the Trend
Towards the end of August 2020 the GBPNZD pair reversed and has been trending lower since. At EWF we always …NetEase Inc. ($NTES) Strong Bullish Trend
Cloud computing is one of the sectors that have vastly outperformed the marketplace since the March 2020 low. NetEase Inc …