Articles by Forex analysis review

The pair found a temporal support around the 1.4430 level, but still we can see that a bearish tone is placed below the 200 SMA. However, a breakout above the resistance zone of 1.4549 will push the cable higher to test the 1.4635 level. A bullish bias…

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EUR/USD found the resistance near 1.1480 area and had a
clean bounce off 261.8% Fibs applied to the first corrective wave after the 1.1060
resistance breakout. The clean rejection of this resistance level could result
in a further decline to test one t…

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After the descending channel breakout, EUR/CAD reached the
100% Fibs applied to the channel breakout point. This was the final upside
target and daily close was below R1 (1.4785) that suggests that
resistance was rejected.At the same time, the price fo…

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Recently, EUR/NZD has been moving upwards. As I expected, the price tested the level of 1.6900. According to the 30M time frame, I found a trading range between the price of 1.6835 (support) and the price of 1.6900 (resistance). Watch for a successful …

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Since our previous analysis, gold has been moving downwards. As I expected, the price tested the level of $1,259.26 in a high volume. According to the 4H time frame, I found that strength came in near the level of $1,260.00. My take profit level, Fibon…

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Overview: The NZD/USD pair continues to move downwards from the level of 0.6816. Yesterday, the pair dropped from the level of 0.6780 (this level of 0.6780 coincides with the double top) to the bottom around 0.6740. Today, the first resistance level i…

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