Articles by Forex analysis review

Recently, the GBP/USD pair has been trading upwards. The price tested the level of 1.3177. Anyway, according to the 15M time – frame, I found a broken upward channel and potential double top formation, which is a sign that buying looks risky. There is …

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Overview:
The NZD/USD pair is still trading around the area of 0.6818 and 0.6968. Last week, the NZD/USD pair rebounded from the level of 0.6818 in the long term. It should be noted that the support is established at the level of 0.6818 which represen…

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Overview: The USD/CHF pair broke the resistance at the price of 0.9998 which acts as support since last week.The pair has already formed major support at 0.9942. The strong support is seen at the level of 0.9898. And the minor support is seen at 0.9998…

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EUR/USD: The EUR/USD pair is moving downwards gradually, while the overall bias on the
market is bearish. Price is now below the resistance line at 1.1600, going
towards the support line at 1.1550. USD is supposed to be strong this week, and
that is wh…

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Wave summary: We continue to look for more downside pressure towards 1.6545 to complete wave ii and set the stage for a new impulsive rally in wave iii towards 1.7770. Short-term resistance is now seen at 1.6760, which ideally will cap the upside for t…

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Wave summary: Resistance at 133.15 should continue to cap the upside for a test of short-term important support near 131.60 and a clear break below here will confirm that wave (D) completed with the test of 134.49 and wave (E) towards 123.43 is develop…

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One of the longest working members of the Bitcoin community, co-owner of Bitcoin.org and Bitcointalk, said that if 2x get enough support, opponents should gather to play the “broken” Bitcoin chain. He said: ” If 2x wins, it does not mean that Bitcoin h…

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GBP/USD has been trading with a bearish bias in a volatile manner after the Bank of England raised interest rates last week. The bearish pressure was bit of a surprise for the market as GBP was expected to receive a boost from the increase of Official …

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