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  1. #1
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    Default Technical Analysis

    EURUSD

    The Euro rallied significantly during the trading session after initially falling on Monday, as the 1.06 level has offered a bit of support, but the market then found itself reaching towards the 1.08 level rather quickly, as the Federal Reserve is buying assets.

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    EURGBP


    Despite the downtrend, the EUR/GBP bulls are slowly taking control. H4 time frame is in retracement and that accounts for lower timeframes bullish trend.

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    GBPUSD


    The British pound initially fell during the trading session on Monday to kick off the week, reaching down to the astonishingly low level of 1.15 before bouncing.

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    USDJPY


    At this point, the market is likely to run into a bit of resistance above due to the fact that we are

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    AUDUSD


    The Australian dollar initially fell during the trading session on Monday, reaching towards the 0.57 level underneath. At this point, the market has turned around to show signs of life again, and at this point the market looks as if it is going to test major resistance above.

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    NZDUSD


    A sustained move over .5568 will indicate the presence of buyers. If this generates enough upside momentum then look for the rally to possibly extend into the short-term 50% level at .5959, followed by the downtrending Gann angle at .6008.

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    USDCAD


    Low Oil Stops The Canadian Dollar Upside, Oil price weakness pushes the Canadian dollar lower despite new quantatitive easing program from the U.S. Federal Reserve.

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    EURJPY


    Did you wonder what will be the cause of the next recession? As for now, that will not be a war between Iran and US and it will not be a Coronavirus.

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    SPX500


    S&P 500 Price Forecast – Stock Markets All Over The Place, Stock markets gapped lower to kick off the week, before breaking down below the 2200 level. Ultimately, the market has turned around and surged after the Federal Reserve announced quantitative easing, only to give that back again.

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    Technical analysis is one of the widely used trading analysis in Forex market place. Even Most of the Forex traders give much importance of using this analysis in their trading. I am working with Forex4you the credible and stable Forex broker who allow both fundamental and technical analysis in their platform so I must say I can trade properly. Both these types of trading analyses are really important equally in this business.

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