Technical Forex Analysis

Analysis: The “perfect storm” drives the dollar up in volatile markets

Al Worden

October 1, 2021

Technical Forex Analysis

A photo illustration shows US $ 100 banknotes taken in Tokyo on August 2, 2011. REUTERS / Yuriko Nakao / File PhotoNEW YORK, Oct. 1 (Reuters) - The dollar's sharp rally is accelerating, fueled by a hawkish Fed...

RBNZ to increase rates, more

Al Worden

September 30, 2021

Technical Forex Analysis

After a surprise lockdown prevented policymakers from raising interest rates in August, the Reserve Bank of New Zealand (RBNZ) is widely expected to make the move at 02:00 GMT on Wednesday. However, the ris...

Rapid bursts of volatility and long-term lows in sight

Al Worden

September 29, 2021

Technical Forex Analysis

The GBP / USD saw a rapid sell-off and the Forex pair is now crossing values ​​not seen since the second week of January 2021.GBP / USD traders have been treated or traumati...

US Dollar Index (DXY) Reaches New Highs in 2021

Al Worden

September 29, 2021

Technical Forex Analysis

The US Dollar Index (DXY) has been on a strong run since early September, leading up to last week's FOMC statement. Although Powell and his gang appeared to be on the more hawkish side, the DXY had sold ou...

EUR / USD forecast: October 2021

Al Worden

September 28, 2021

Technical Forex Analysis

Below the 1.16 level then we have a clear sell signal, but above the 1.1750 level there is a possibility that we will resume the action that we have seen for several months.AdvertisingThe euro fell for most of...

Morning Market Briefing: The Pound Seems To Be In A 1.3750-1.36 Range

Al Worden

September 28, 2021

Technical Forex Analysis

STOCKS Stocks are trading higher with crucial resistances ahead. The Dow looks strong to rise towards 35250 while Dax may face resistance near 15700/800 over the next few sessions. Nikkei and shanghai coul...

Germans vote, but result unclear

Al Worden

September 27, 2021

Technical Forex Analysis

The euro shows limited movement in Friday's session. Currently EUR / USD is trading at 1.1701, down 0.16% on the day. Elections in Germany are inconclusive The Germans have gone to the polls, but federal e...

Energy crisis: surge in oil causes gasoline panic at the pump

Al Worden

September 24, 2021

Technical Forex Analysis

The continued surge in oil has combined with supply issues caused by the shortage of truck drivers to fuel the gasoline spikes and stoke fears of a winter energy crisis. Here's the latest, along with a tech...

No momentum from the Federal Reserve

Al Worden

September 23, 2021

Technical Forex Analysis

Despite clear indications from the Federal Reserve to tighten monetary policy, the USD / JPY remained stable in a range between the support of 109.11 and the resistance of 109.92, where it settled at the time ...

BoE meeting looms as markets digest FOMC

Al Worden

September 23, 2021

Technical Forex Analysis

The British pound reversed Thursday and is in positive territory. GBP / USD is currently trading at 1.3672, up 0.41% on the day. The BoE should stay the course The BoE is in a tough spot as recent economic...

A higher reversal cannot mask the medium-term downtrend

Al Worden

September 22, 2021

Technical Forex Analysis

A slight reversal to the upside at the start of USD / JPY trading this morning has been demonstrated, but short-term speculators should still consider the broader trend.AdvertisingThe yen is a popular asset du...

Gold Price Prediction: Looking For Former Support Before The Fed

Al Worden

September 21, 2021

Technical Forex Analysis

Gold Price Outlook:Gold prices are holding below symmetrical triangle support, with momentum indicators starting to point down.It was only by clearing 1785 in the days to come that traders would have a good r...

Calmer markets despite Evergrande risks, Loonie jumps on Trudeau victory

Al Worden

September 21, 2021

Technical Forex Analysis

Fears of contagion in Evergrande subside slightly, but markets remain nervous Loonie soars after Trudeau narrowly wins third term Aussie and kiwi push back accommodating reserve banks Pound goes up too, but U...

Forex: EURUSD Technical Analysis by Jason Maynard Wave-FX Forex Research Team

Al Worden

September 20, 2021

Technical Forex Analysis

Just like the GBPUSD, at the moment our view is also bearish on the EURUSD pair. EUR / USD is trading well below 1.18, a two-week low, as the market's cautious mood boosts the safe haven dollar. C...

Global stocks rise as risks of Evergrande rise

Al Worden

September 20, 2021

Technical Forex Analysis

Global stocks fell early in the session as investors continued to focus on Evergrande, the struggling Chinese real estate developer. The company is $ 4306 billion in debt, making it the most indebted real ...

British pound risks a downside breakout

Al Worden

September 19, 2021

Technical Forex Analysis

GBP / USD WEEKLY FORECAST: DROPGBP / USD has coiled into a symmetrical triangle in recent months, a sign that the pair is consolidatingWith the Fed and Bank of England's monetary policy decision next week, vo...

GBPJPY flashes green in a directionless market

Al Worden

September 17, 2021

Technical Forex Analysis

GBPJPY is moving mostly sideways and recently found some ground on the 150.96 level which is the 23.6% Fibonacci retracement of the bullish leg from 134.39 to 156, 06. The flattening of the 50 and 100 day ...

Morning market briefing: Aussie has moved below 0.73

Al Worden

September 17, 2021

Technical Forex Analysis

STOCKS The Dow Jones has moved from immediate trend support and appears bullish towards 35250. Dax may also rise towards 15800/80 in the short term. Nikkei and Shanghai have the option of testing 30,000 and...

Retail sales are beating strong; US dollar auction continues

Al Worden

September 16, 2021

Technical Forex Analysis

US retail sales for August were much stronger than expected, even with lower revisions from the July print. The headline impression was + 0.7% against an expectation of -0.8%. However, the number for July...

Short-term trend challenging a higher price range

Al Worden

September 15, 2021

Technical Forex Analysis

UNI / USD has seen a choppy wave of short-term trading and is currently near significant resistance levels.Advertising After hitting a low of nearly 21.20000000 on the 13e In September, UNI / USD was able to c...

The short term bias is bearish, but technical confirmation is needed

Al Worden

September 10, 2021

Technical Forex Analysis

After being capped by resistance near $ 1,835, gold has trended lower, falling below its 200-day mark. Easy midweek moving average.Thethe short-term bias is slightly negative, but see a sustained movement on ...

What’s next after the BOC meeting? – Configurations in CAD / JPY, USD / CAD

Al Worden

September 8, 2021

Technical Forex Analysis

Canadian dollar outlook:The Bank of Canada has refrained from changing rates or the pace of its quantitative easing program, which comes as no surprise given recent political events and slowing economic data ...

Soaring as Cardano stays close to all-time values

Al Worden

September 1, 2021

Technical Forex Analysis

Cardano has jumped higher since the 19e August and its ability to stay near its all-time highs could lead to more speculation.AdvertisingThe ADA / USD, as of this writing, is near 2.80,000 as it hovers in ligh...

New Zealand dollar technical forecast: NZD / USD snapback levels

Al Worden

August 27, 2021

Technical Forex Analysis

New Zealand Dollar Price Technical Outlook: NZD / USD Weekly Trade LevelsNew Zealand dollar Updated Technical Trade Levels - Weekly ChartNZD / USD rally targets resistance to old supportSupport 6790, 67...

Dax underperforms as German corporate morale drops

Al Worden

August 25, 2021

Technical Forex Analysis

Dax underperforms in the face of German companies' difficulties Recent data from Germany indicates growing concerns about the outlook and the faltering economic rebound. The latest German IFO index fell fo...

The pound rebounds on a strong manufacturing PMI

Al Worden

August 23, 2021

Technical Forex Analysis

The British pound started the new trading week in positive territory. GBP / USD is trading at 1.3672, up 0.37% on the day. Stellar manufacturing but services are slipping UK Flash PMI reports for August we...

Relentless trend of Argentine peso and speculation

Al Worden

August 11, 2021

Technical Forex Analysis

USD / ARS remains stuck in a powerful uptrend that has shown no signs of creating a lasting downside reversal. Publicity Latin American currencies can give big price movements.Trade th...

Infrastructure bill draws closer to passage

Al Worden

August 9, 2021

Technical Forex Analysis

Remarks / Observations German exports increase for the 14th consecutive month. Asia (CN) China's July trade balance: $ 56.6 billion versus $ 52.0 billion; Y / Y exports: 19.3% against 20.0% e; Y / Y im...

Analysis: where are the returns going? Investors Assess US Employment Data and Delta Concerns

Al Worden

August 6, 2021

Technical Forex Analysis

On March 26, 2015, the U.S. Bureau of Engraving and Printing in Washington inspects a bundle of former President Abraham Lincoln's $ 5 bill. REUTERS / Gary Cameron / Files August 6, 2021 David Randall, Saqib...

US Open: stocks mix to the rhythm of the NFP

Al Worden

August 6, 2021

Technical Forex Analysis

US stocks trade mixed after US NFPs beat forecast. 943,000 jobs were added to the economy in July, up from 850,000 in June US Futures Dow Futures + 0.24% at 35132 S&P Futures + 0.05% at 4428 Nasdaq Fut...

Gold poll 6-week highs after big job absence ADP

Al Worden

August 4, 2021

Technical Forex Analysis

While the ADP report may be a volatile leading indicator for the NFP from month to month, it is undeniably concerning that it has shown declining job growth and negative revisions for three consecutive month...

Worries fade to push euro above decisive 1.19

Al Worden

August 3, 2021

Technical Forex Analysis

EUR / USD could gain on dollar weakness. Coronavirus cases are on the decline in the UK and Europe, providing additional support for the euro. A better sense of risk can further ...

The $ 350 AAVE rally depends on this vital support

Al Worden

July 23, 2021

Technical Forex Analysis

The Aave price slumped to a low of $ 211 on July 20, losing 39% from the July 6 high of around $ 348. During this decline, the AAVE flipped the 50, 100 and 200 day SMAs (simple mov...

Short term trend intensifies as bullish moves progress

Al Worden

July 22, 2021

Technical Forex Analysis

USD / MXN developed a rather solid bullish trend last week after producing significant volatile results since the third week of June. Publicity Latin American currencies can give big p...

AUD / USD Forex Signal: Very Bearish Price

Al Worden

July 20, 2021

Technical Forex Analysis

The pair hits a new 7-month low. Last Thursday's AUD / USD signals were not triggered as there was no bullish price action when the support level at 0.7430 was reached on that day. AUD / ...

An RBA Lesson as Australian Dips

Al Worden

July 20, 2021

Technical Forex Analysis

The Australian dollar continues to lose ground, having fallen for a fourth consecutive day. Currently, the AUD / USD is trading at 0.7329, down 0.18% on the day. The pair could drop to 72 territories as...

ADA must retain this crucial support

Al Worden

July 19, 2021

Technical Forex Analysis

The recovery in Cardano prices becomes a daunting task as the support at $ 1.16 becomes very crucial. The RSI and MACD show sustained side price action in the short term. IOMAP m...

DASH, ZCASH, and Other Privacy Coins – Should You Invest?

Al Worden

July 17, 2021

Technical Forex Analysis

Consider this: The history of your crypto transactions on a blockchain can be traced by regulators who need to know more about you, by obtaining the details contained in these addresses.Privacy pieces provid...

Gold rally from the limits of the rising dollar

Al Worden

July 14, 2021

Technical Forex Analysis

After the news of stronger-than-expected US inflation figures, the price of an ounce of gold fell to the level of $ 1,798. Publicity The price of gold has returned to the upwa...

EUR / USD Forex signal: flat consolidation

Al Worden

July 13, 2021

Technical Forex Analysis

Last Thursday's EUR / USD signals were not triggered as there was no bearish price action at any of the identified resistance levels that were reached that day. EUR / USD signals of the day Risk 0.7...

Heyprofit – The Best Forex Trading Signals Provider

Al Worden

July 11, 2021

Technical Forex Analysis

DELHI, DELHI, INDIA, July 11, 2021 /EINPresswire.com/ - Heyprofit is a global provider of trade signals. The co...

The dollar strengthens a little, the yen is lagging behind

Al Worden

July 9, 2021

Technical Forex Analysis

Markets PBOC RRR silenced rumors and the resulting risk aversion were the main drivers yesterday, totally eclipsing the announcement of the ECB's strategy review. Shares fell more than 2% in Europe as li...

GBP / USD technical analysis: bears continue to dominate

Al Worden

July 7, 2021

Technical Forex Analysis

The price of the GBP / USD currency pair has not risen much beyond 1.3898 despite the UK government's announcement that it will drop all coronavirus restrictions. With the return of the US market afte...

Choppy sentiment and short-term volatility for Rand

Al Worden

July 5, 2021

Technical Forex Analysis

USD / ZAR hit two-month highs on Friday, but the Forex pair has since sold off and, early in today, has maintained bearish characteristics. Publicity Short-term USD / ZAR trading...

Dogecoin (DOGE) cannot hold the line at $ 0.25

Al Worden

July 2, 2021

Technical Forex Analysis

Dogecoin DOGE (-0.77%) fell below $ 0.25 before July 4the holiday weekend. From a technical standpoint, this is an extremely bearish event. On the fundamental side of things, it's a mixed picture as DOG...

Swiss franc drops to lowest level in 3 months

Al Worden

July 2, 2021

Technical Forex Analysis

The Swiss franc fell slightly on Friday. In European trade, USD / CHF is trading at 0.9271, up 0.18% on the day. The pair gained 1.06% this week, with the Swiss franc at its lowest level since April. Th...

EUR / USD technical analysis: Corona fears increase losses

Al Worden

June 30, 2021

Technical Forex Analysis

The bullish rebound gains of the EUR / USD currency pair last week which peaked with the test of resistance level 132.70, are subject to setbacks at the start of this week's trading session. ...

EUR / USD is approaching key level: are there other drawbacks possible?

Al Worden

June 29, 2021

Technical Forex Analysis

For the past week, the euro has been recovering against the dollar, after having experienced a downward trend since early June.The US currency strengthened after the Federal Reserve made hawkish comments on ...

NZD / USD Forex Technical Analysis – Confirmation of Minor Reversal Could Lead Kiwi to .7027 – .7009

Al Worden

June 25, 2021

Technical Forex Analysis

The New Zealand dollar is trading slightly higher late in Friday's session after giving up most of its earlier gains. The Kiwi began to retire after surging 10-year US Treasury yields. The currency rose ea...

Oil is soaring, gold is falling

Al Worden

June 24, 2021

Technical Forex Analysis

Crude stocks compensate for OPEC + nerves Official US crude inventories and gasoline inventories fell much higher than expected overnight, causing crude prices to spike intra-day. However, subtle hints fr...

Strong medium-term support in the face of downward pressure

Al Worden

June 22, 2021

Technical Forex Analysis

XRP / USD has seen a rapid sell-off over the past two days and significant moments of medium-term support have proven to be vulnerable. Publicity XRP / USD broke through the 60...

AUD / USD rise below 0.7560

Al Worden

June 22, 2021

Technical Forex Analysis

It's another week of trading and risky assets are rebounding from last week's massive selloff. Some less hawkish than feared comments from the Fed on an otherwise calm day grab the headlines, although a ...

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...