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.
USDCAD re-energized intermediate-term bull trend; USDJPY in a range
An erratic tone for global asset classes switching between risk on and risk off environments since mid-June, but within this erratic phase the US Dollar…
BTC Price Still Bullish Despite Hack of 6th Largest Crypto Exchange
The price of the world’s top cryptocurrency by market capitalization has not exactly been doing well lately. Every time it seems to mount anything resembling…
GBPUSD bear trend intact into the Bank of England; EURUSD bear threat
Back in our report on 11th June, we highlighted the neutralising of the EURUSD intermediate-term bear trend and that the equivalent GBPUSD bear trend was…
AUDUSD and NZDUSD bearish and negative themes resuming
In our prior report here on AUDUSD and NZDUSD, we highlighted that the intermediate-term bear trends from early Q2 were under scrutiny, but subsequent AUDUSD…
Have the BTC Bears Finally Overextended?
There’s little doubt in anyone’s mind that the BTC bears have ruled the crypto roost with an iron first over the last few weeks (and…
USDJPY poised to shift bullish; USDCAD in an intermediate-term up trend
In our recent articles on ForexTraders.com we have highlighted a shift back towards a “risk on” outlook for global asset classes, which has carried through…
EURUSD and GBPUSD bearish trends neutralised and questioned respectively
In our article published 31st May, we highlighted the threat for both EURUSD and GBPUSD to undergo upside corrections, before the intermediate-term bearish themes resume….
NZDUSD and AUDUSD concluding bear trends; risks shifting higher
In our last report on both NZDUSD and AUDUSD here, the intermediate-term bear trends from mid-April were being questioned, but at that point remained intact….
Stuck Within a Narrow Range, BTC Won’t Yield to Bulls or Bears
Over the last handful of days, the world’s #1 cryptocurrency failed to muster any traction in either direction. Amid a general bear exhaustion, the bulls…
USDCAD still an intermediate-term up trend; USDJPY set to ease bear forces
In our prior report here, we highlighted on the USDCAD resumptions of an intermediate-term bull trend after the bullish shift above 1.2944. A slight shift…
BTC/USD – Bulls Attempt Rally, Fall Short
Bitcoin has been feeling the pull of the bears lately. Following a tentative attempt to break through the $10k psychological resistance level at the beginning…
EURUSD and GBPUSD stay bearish into June (but see short-term bounce risk)
An extended selloff for both EURUSD and GBPUSD into late May has primarily driven by broad European currency weakness in the light of the concerns…
NZDUSD and AUDUSD holding onto bear trends
When we last looked at NZDUSD and AUDUSD here, we highlighted the ongoing intermediate-term bear trends, and despite subsequent corrective consolidation activity for both FX…
The US Dollar stays intermediate-term bullish versus both JPY and CAD
A significant negative correction for USDJPY this week with a broader market “risk off” move across asset classes, driven by concerns regarding the US-North Korea…
EURUSD and GBPUSD intermediate-term bearish trends look to extend
The US Dollar has seen a corrective setback and consolidation earlier in May, but through mid-month the greenback has seen a renewed strengthening against major…