Tag: Technical Analysis

Ahead of the holiday break, S&P 500 returned to its 200-day moving average with the help of FOMC minutes

Yesterday, advance PMI data was announced in the UK, US and Eurozone. The PMIs are crashed to just above 47 ...

EURUSD still feeling the pressure of the year-long downtrend. FED is tightening its policy way ahead of ECB and the ...

USDCNH is trying to hold above the long-term trend line (6.405) that started in early 2014. PBOC’s decision to not ...

EURJPY is over the 6-year trend line after the BOJ’s decisions. There will be good targets if the price can ...

USDJPY is facing downward pressure because of the weak dollar. If the price continues below 103.65, 102.55 might be targeted.

Since the 2008 crisis, commodity prices have been falling. This year, despite the Covid-19, stimulus packages and asset purchases fuel ...

DAX is testing back the broken bullish trend channel. If the price can stay below the 13256 resistance, DAX may ...

Gold has formed a head and shoulders formation. If this support zone breaks to the downside, bearish pressures may increase.

With the help of Brexit pessimism, EURGBP turned to the upside from the near -0.0033 MACD level and 0.8865 actual ...

AUDJPY is maintaining its strong look after the price broke 77 resistance. The upper band of the bullish trend, 77.660 ...

Today, ECB will probably increase their bond buying program, European leaders will negotiate on a 750 billion worth of stimulus ...