Technical Analyses
Technical analysis is a way of predicting the future forex market movements based on previous market movement patterns and trends. From a Technical Analyst’s viewpoint all fundamental aspects are already a part of the previous market movements and therefor needs no special consideration. The main tool by witch to analyse the forex market is forex charts.
EURUSD poised for a still more bullish move into the ECB Meeting
The pan-European currency has produced strong gains against most G10 currencies over the past three weeks since ECB President Draghi indicated a potentially more hawkish…
A hawkish Bank of Canada plus higher oil sees USDCAD lower
A July Oil price rebound has reinforced the positive tone for the Canadian Dollar. The Bank of Canada rate hike in early July and hawkish…
Australian and New Zealand Dollars Retain July Bullish Outlooks
Both the Australian and New Zealand Dollars have undergone corrective setbacks in early July, questioning the sustainability of intermediate term bullish trends evident from June….
EURUSD and GBPUSD Stay Bullish for July
Both EURUSD and GBPUSD retain a bullish outlook on an intermediate-term timeframe into July. In particular, EURUSD continues to threaten significant higher price action in…
Differing US Dollar Views versus JPY and CAD
The US Dollar has been generally weak since June against most G10 occurrences with some significant negative signals against the Euro and New Zealand Dollar…
AUDUSD and NZDUSD Reinforce Bullish Trends
Broad US Dollar weakness across G 10 currencies into the second half of June has reinforced the underlying bull trend for both AUDUSD and NZDUSD….
EURUSD and GBPUSD re-energizing bullish themes
Both the Euro and GB Pound have produced significant upside moves in late June, primarily driven by hawkish comments by ECB President Draghi and BoE…
USDJPY questions bear trend; USDCAD stays bearish
Both the USDJPY and USDCAD spot forex rates currently retain an intermediate-term bearish outlook. But growing risk is for USDJPY to switch to an intermediate-term…
AUDUSD and NZDUSD Intermediate-Term Bullish Outlooks
In our last report on AUDUSD and NZDUSD FX rates, Â report here we highlighted intermediate-term shifts from bearish to neutral, with the risk for a…