Technical Forex Analysis

USD on fire after FOMC hawks reset markets

Al Worden

June 20, 2021

Technical Forex Analysis

The USD became considerably higher against the major and minor currencies after the Fed's change in inflation stance. The fallout from the Federal Open Market Committee (FOMC) meeting r...

USD / CAD Rips on Fed-Loonie Breakout Levels

Al Worden

June 19, 2021

Technical Forex Analysis

Canadian Dollar Price Technical Outlook: USD / CAD Weekly Trade LevelsCanadian dollarUpdated Technical Trade Levels - Weekly ChartUSD / CAD technical support rebound fueled afterFOMC - downside resist...

Bitcoin (BTC), the Fed and the S&P 500 (SPX) – FinTwit trends to watch

Al Worden

June 18, 2021

Technical Forex Analysis

Bitcoin continues to trade in a defined support and resistance bandInterest rate markets flooded with speculation as the yield curve flattensUS stocks fall record highElon Musk's social media shenanigans ru...

Gold Price Analysis: XAU / USD Must Hold $ 1,766 to Recover – Confluence Detector

Al Worden

June 18, 2021

Technical Forex Analysis

XAU / USD extended its losses in a lengthy response to the Fed's decision. The confluence detector shows that XAU / USD has considerable support at $ 1,766. Gold handles overnig...

Crossing into the shallower depths a concern for speculators

Al Worden

June 17, 2021

Technical Forex Analysis

Publicity ETH / USD breaks the bearish threshold of 2400.00 as of this writing, and Ethereum's failure to break above resistance levels can also be seen as a negative indicator. The ratio of...

SNB meeting: everyone normalize

Al Worden

June 16, 2021

Technical Forex Analysis

The Swiss National Bank will close its meeting on Thursday at 07:30 GMT. He will most likely keep rates globally low and stress that he will continue to intervene in the foreign exchange market as the fra...

Euro continues to drift ahead of FOMC

Al Worden

June 15, 2021

Technical Forex Analysis

The euro is almost unchanged in Thursday's session. In North American trade, EUR / USD is trading at 1.2166, up 0.05% on the day. After falling sharply on Friday, the pair was left without direction. Al...

The pound continues the same consolidation

Al Worden

June 14, 2021

Technical Forex Analysis

When you look at this chart it's obviously in a very bullish trend so I think this consolidation normally means we'll see a continuation. The pound fell slightly during Friday's tradi...

Weekly Foreign Exchange Outlook

Al Worden

June 13, 2021

Technical Forex Analysis

Major developments In the United States, consumer prices rose at the fastest annual rate since 2008, with the CPI jumping 5% in May from the previous year. The ECB has chosen n...

Ethereum Classic price analysis: ETC leans bullish, pursues 20% rebound

Al Worden

June 11, 2021

Technical Forex Analysis

The price of Ethereum Classic triggered the bullish hammer candlestick pattern created on June 8, but the pursuit has been hesitant. ETC broke through the upper limit of a narrow descending channel that be...

EUR / GBP Price Analysis: Slides To One-Week Low, Seeing Descending Triangle Support

Al Worden

June 11, 2021

Technical Forex Analysis

EUR / GBP deepened overnight losses and remained depressed for the second day in a row. Weakness below 0.8560 horizontal support will confirm a descending triangle breakdown. Only a sustaine...

S&P 500 (SPX SPY ES) technical levels to watch as other records are broken

Al Worden

June 11, 2021

Technical Forex Analysis

The S&P 500 set a new record on Thursday. US CPI data was not enough to stop the running of the bulls. Slow and steady as technical data and fundamentals remain favorable. US stocks all...

EUR / USD technical analysis: anticipating the ECB’s decision

Al Worden

June 10, 2021

Technical Forex Analysis

A state of cautious stability dominates the performance of euro pairs, pending the most important event for the euro area this week, the monetary policy decisions of the European Central Bank. Since t...

Sterling technical analysis: GBP / AUD, GBP / CAD, GBP / NZD rate

Al Worden

June 9, 2021

Technical Forex Analysis

Pound sterling Outlook:Sterling-commodity currency crosses remain at a distance, as they have been doing for many months now. GBP / AUD rates remain the most attractive of the three GBP crosses examined in ...

AUD / USD Forex Technical Analysis – Struggling for direction inside a 50% pair at .7770 and .7711

Al Worden

June 9, 2021

Technical Forex Analysis

The Australian dollar struggles to head early Wednesday, as investors waited for updated data on consumer prices in the United States. Meanwhile, dovish comments from the Reserve Bank of Australia (RBA) hel...

Gold Technical Analysis: Looking Beyond $ 1900

Al Worden

June 8, 2021

Technical Forex Analysis

The stability of the price of gold above the psychological resistance of $ 1900 will support the uptrend. Publicity Is it time for YOU to trade gold?Don't let fear prevent profits! Tr...

Sunset Market Commentary | Forex action

Al Worden

June 7, 2021

Technical Forex Analysis

Markets Equity markets fell on the European opening, as did US futures contracts following the G7 summit. Over the weekend, finance ministers agreed to a global minimum tax rate of at least 15%, triggeri...

Forex Forecast: Pairs at a Glance

Al Worden

June 6, 2021

Technical Forex Analysis

Get the Forex forecast using the fundamental, sentiment and technical position analysis for the major pairs for the week of June 6, 2021 here. Publicity The difference between ...

Four Week Gold Snaps Rally – XAU / USD Levels

Al Worden

June 4, 2021

Technical Forex Analysis

Gold Price Technical Outlook: XAU / USD Weekly Trade LevelsGold price snapped a four-week winning steak in June open trade with XAU / USD down more than 0.8% after reversing a key technical confluence ar...

Silver simulates the bearish breakout of the lower band of the bullish channel

Al Worden

June 4, 2021

Technical Forex Analysis

Silver is currently pushing against fairly neutral 100 and 50-period Simple Moving Averages (SMAs), after buy interest rose around the 200-period SMA at 27.15, just below the band. lower of the bullish c...

USD / CAD Post NFP Technical Outlook & Canada Employment Data

Al Worden

June 4, 2021

Technical Forex Analysis

USD / CAD technical outlookUSD / CAD stuck for weeks at 2017 lowCan tighten higher, but could be a tough trade on the long sideUSD / CAD Post NFP Technical Outlook & Canada Employment DataUS NFPs showed...

Russia abandons the US dollar: USD / RUB

Al Worden

June 3, 2021

Technical Forex Analysis

Russian Finance Minister Anton Siluanov said earlier that his Sovereign Fund (SVF) would come out of the US dollar. The reallocation will be almost 40% in euros, 30% in yuan, 10% in gold and the remainin...

Argentina struggling with dark clouds

Al Worden

June 2, 2021

Technical Forex Analysis

The USD / ARS continues to stretch and climb as its long term uptrend remains intact for speculators able to bet. Publicity Latin American currencies can give big price movements.Tra...

AUD / JPY Price Analysis: Bulls Should Extend Movement Beyond 23.6% Fibonacci Retracement

Al Worden

June 1, 2021

Technical Forex Analysis

AUD / JPY shows modest gains during Asian session. More gains envisaged if the price breaks decisively 84.90. Momentum Oscillator signals bullish momentum. The AUD / JPY price rose slightly on Wednesday ...

AUD / JPY Price Analysis: Flirts With Key Short-Term Support Before RBA

Al Worden

May 31, 2021

Technical Forex Analysis

AUD / JPY bounces off 100-SMA, weekly confluence of the ascending trendline. MACD bearish, weakness below two week horizontal resistance keeps sellers hopeful. The RBA is generally expected to keep moneta...

BTC continues to dance around the 200-day EMA

Al Worden

May 31, 2021

Technical Forex Analysis

Now that we've stepped back, we're getting closer to a point where a lot of “smart money” might be interested in getting involved. Publicity ...

Support and resistance to trading

Al Worden

May 30, 2021

Technical Forex Analysis

Get our trading strategies with our monthly and weekly forecasts of currency pairs to watch using support and resistance for the week of May 31, 2021. Publicity This week we w...

Trading The Forex Market – Everything You Need To Know About It

Al Worden

May 29, 2021

Technical Forex Analysis

Today forex trading has taken tides across the world. Everyone is familiar with the new form of trading. The plethora of benefits attached to it have attracted finance and investment professionals, as well...

SharmaFX – A unique approach to action and abroad

Al Worden

May 28, 2021

Technical Forex Analysis

NEW YORK, May 28, 2021 (GLOBE NEWSWIRE) - Learning to trade the financial markets can often be overwhelming for a beginner. With thousands of complex strategies and systems that must be understood in order...

AUD / USD Price Analysis: Bulls Struggle Near 0.7745 Inside Symmetric Triangle

Al Worden

May 28, 2021

Technical Forex Analysis

AUD / USD rocks during the pre-European session on Friday. The pair is trading cautiously inside a symmetrical triangle awaiting a breakout. The MACD remains neutral with a decline in the bullish momentum...

Analytical overview of major currency pairs

Al Worden

May 27, 2021

Technical Forex Analysis

The EUR / USD currency pair Technical indicators of the currency pair: Previous opening: 1.2249Previous close: 1.2192% chg. on the last day: -0.46% On Wednesday, the EUR / USD currency pair fell 0.46% a...

Bitcoin Creates 200-Day EMA Support

Al Worden

May 26, 2021

Technical Forex Analysis

We need to see some kind of momentum coming back into that market to put a lot of money into it. Publicity The Bitcoin market swung back and forth during Tuesday's trading ses...

Must-Have USD Model | Forex action

Al Worden

May 26, 2021

Technical Forex Analysis

The US dollar yo-yo on economic data and tapering continues on Monday, in a pattern we've already highlighted. EUR and NZD are the strongest currencies of the day, while GBP is the weakest. A trend conti...

Unable to reach exit speed; Triangle Breakout Soon?

Al Worden

May 25, 2021

Technical Forex Analysis

Crude Oil Outlook:Crude oil prices continue to flirt with the downtrend that dates back to an all-time high, not yet able to escape its gravitational pull. But they are getting closer to triangular resis...

Testing mid-point support levels from lower production to dive

Al Worden

May 25, 2021

Technical Forex Analysis

Since mid-May, DOT / USD has produced a bearish path and is now testing significant medium-term support levels. Publicity After reaching a record value of nearly 50.0000 on th...

Head and shoulders training

Al Worden

May 24, 2021

Technical Forex Analysis

Over the long term and depending on the performance on the daily period chart, it appears that the US dollar against the yen is trading in the formation of a brutal ascending channel. Pu...

NZD / USD Forex Technical Analysis – Trading on the Weak Side of the 50% Main Level at 0.7204

Al Worden

May 24, 2021

Technical Forex Analysis

The New Zealand dollar rose slightly early Monday after the release of better-than-expected domestic retail sales data, but prices remain in a range for a third session as traders wait for the next catalyst ...

Weekly Forex Forecasts

Al Worden

May 23, 2021

Technical Forex Analysis

Start the week of May 24, 2021 with our Forex forecasts focused on major currency pairs here. Publicity EUR / USD The euro initially climbed higher in the weekend trading sess...

FTSE 100 forecast: recovers to close the gap

Al Worden

May 21, 2021

Technical Forex Analysis

The market is a market that you cannot bypass anytime soon because not only do you have the 50 day EMA and the potential extended trendline, but you also have the 6800 level which was so resistant r...

Touch the bottom of the triangle

Al Worden

May 21, 2021

Technical Forex Analysis

The WTI crude oil market initially tried to rally during Thursday's trading session but again gave up on gains as we continue to see a lot of downward pressure in the crude oil market. ...

USD / JPY remains at risk unless it recovers from 110.00

Al Worden

May 21, 2021

Technical Forex Analysis

Highlights USD / JPY failed to climb above 109.80 and was corrected lower. A key bearish trendline is forming with resistance near 109.05 on the 4 hour chart. EUR / USD remains strong above 1.2180, GBP /...

Platinum looking for a 5 wave rally

Al Worden

May 20, 2021

Technical Forex Analysis

The post-pandemic economic rebound, government infrastructure spending and the green energy plan have driven the rally for industrial and precious metals in 2021. As governments around the world seek to c...

Foreign exchange Forecast: Pairs at a Look

Al Worden

April 11, 2021

Technical Forex Analysis

Get the Foreign exchange forecast utilizing Fundamentals, Sentiment and Technical Place Evaluation for Main Pairs for the week of April 12, 2021 right here. Publicity The dist...

EUR / JPY worth evaluation: bears search for downward correction

Al Worden

April 9, 2021

Technical Forex Analysis

EUR / JPY bears break into the every day chart to focus on earlier resistance. The W formation presents a compelling case for the decline so long as the 4 hour resistance holds. EUR / JPY is maturing f...

New Zealand greenback rises on client confidence

Al Worden

March 22, 2021

Technical Forex Analysis

The New Zealand greenback kicked off the brand new buying and selling week with slight beneficial properties. Presently, the NZD / USD is buying and selling at 0.7182, up 0.33% on the day. New Zealand cl...

Forex pair of the week: USD / TRY

Al Worden

March 22, 2021

Technical Forex Analysis

Regardless of all that has been mentioned and finished in latest weeks, the US Greenback Index (DXY) has been comparatively restricted because the begin of March. Regardless of the extraordinarily accommo...

DXY traces and ranges to look at within the coming days

Al Worden

March 22, 2021

Technical Forex Analysis

Technical outlook USDUS Greenback Index (DXY) Tears Sideways, Leaves Market in LimboAgency assist to be careful for like a possible ground or entice door within the occasion of a breakLates...

GBP / USD technical evaluation: new shopping for ranges doable

Al Worden

March 22, 2021

Technical Forex Analysis

For a short while, the GBP / USD returned to check the psychological resistance stage of 1.4000 throughout buying and selling final week, however bears pushed the pair to the help stage of 1.3830 i...

Analytical overview of main forex pairs

Al Worden

March 22, 2021

Technical Forex Analysis

The EUR / USD forex pair Technical indicators of the forex pair: Earlier opening: 1.1914Earlier shut: 1.1903% chg. on the final day: -0.09%. The euro fell barely on Friday and continued to say no throug...

Oil and gold in consolidation mode

Al Worden

March 22, 2021

Technical Forex Analysis

Oil consolidates as client fears persist Friday noticed a partial unwinding of Thursday's worth rout, with Brent and WTI ending larger. Brent rose 2.60% to $ 64.50 a barrel, with WTI climbing 3.25% to $ ...

EURUSD seems to be to 200-SMA to outlive worsening outlook

Al Worden

March 22, 2021

Technical Forex Analysis

EURUSD was struggling to interrupt above the 1.1900 stage earlier on Monday, after opening the day with a bearish unfold, which pushed the worth as little as 1.1868. Technical indicators paint a impartial...

Gold Value Evaluation: XAU / USD Pulls Again to Decrease Half of Quick-Time period Vary

Al Worden

March 22, 2021

Technical Forex Analysis

XAU / USD stays underneath modest bearish stress on Monday. The short-term outlook for gold stays impartial with a bearish bias. The following key help is round $ 1,720. XAU / USD managed to put up small...

Climbing Up Approaches February Excessive Values

Al Worden

March 22, 2021

Technical Forex Analysis

XRP / USD has continued to construct sturdy momentum for the reason that begin of March after dropping the upper values ​​of final month. Publicity XRP / USD continues to rise...

Gold battles with the 20-day SMA, bearish outlook

Al Worden

March 22, 2021

Technical Forex Analysis

Gold costs have seen a downward motion over the previous six and a half months after hitting a report excessive of two,074.89. Within the quick time period, the value struggles with the 20-day Easy Trans...

The narrowed triangle should break

Al Worden

March 22, 2021

Technical Forex Analysis

The Bulls need to maintain the $ 53,000 space. Final Wednesday's Bitcoin alerts weren't triggered because the bullish value motion happened beneath $ 54,876 and there was no bearish valu...

GBP / USD Foreign exchange sign: the vary persists

Al Worden

March 22, 2021

Technical Forex Analysis

The pair sees a continuation of a medium time period consolidation sample between 1.3800 and 1.4000. Wednesday's GBP / USD indicators weren't triggered as there was no bearish worth moti...

Extraordinarily bearish Aussie beneath 0.7700

Al Worden

March 22, 2021

Technical Forex Analysis

Within the close to time period, the pair could proceed to fall as bears goal the March low of 0.7620. Bearish view Bullish view AUD / USD is below stress early within the session ...

The Canadian greenback continues to be resilient

Al Worden

March 22, 2021

Technical Forex Analysis

The market has been very troublesome to handle currently, so you'll want to maintain one eye on the oil market and the opposite on the ten yr yield. Publicity On Friday, the US g...

NZDUSD beneath heavy stress, sellers attempt to suppress the rise

Al Worden

March 10, 2021

Technical Forex Analysis

NZDUSD discovered a foot on the barrier of 0.7098 which occurs to be the 38.2% Fibonacci retracement of the ascending leg from 0.6510 to 0.7464, which is aligned with the decrease floor of the Ichimoku Cl...

GBP / USD Forecast: Essential Trendline Bounces

Al Worden

March 8, 2021

Technical Forex Analysis

Sterling initially fell throughout Friday's buying and selling session to hit the bullish trendline within the huge channel we're in. At this stage, the market appears to proceed to seek out consumer...

Index rebounds once more from 50 day EMA

Al Worden

March 8, 2021

Technical Forex Analysis

The truth that we're floating across the 6600 degree and have shaped this sign tells you that we are going to probably proceed to maneuver increased. Publicity The present volatilit...

Stroll alongside the uptrend line

Al Worden

March 8, 2021

Technical Forex Analysis

That is only a “purchase on dips” kind of scenario, a minimum of till we will exit to the upside. Publicity The DAX index initially fell to kick off the buying and selling sess...