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.
AUDUSD bearish as NZDUSD sits in an intermediate-term range
When we last looked at the AUDUSD and NZDUSD currency pairs here on the 4th February we emphasised intermediate-term bullish themes. However, a broad surge…
BTC Bulls are Back in Town – Will They Stay This Time?
On Friday, the price of Bitcoin shot up to a little over $3.7k, backed by healthy trading volumes. Since then, it has dropped back down…
EURUSD now negative in a broader range; GBPUSD bull trend questioned
In our 21st January report on EURUSD and GBPUSD we highlighted EURUSD positivity in a broader range and the bull theme for GBPUSD. The primary…
BTC Selloff Steams Ahead – Bears in Control
The crypto winter is still in full effect, in the face of the hopes and increasingly vocal calls of various pundits who believe that the…
Bearish shift for USDCAD; USDJPY stays range bound
In our 28th January review of USDCAD and USDJPY here we underlined the threat for a USDCAD intermediate-term bearish shift and for USDJPY to stay…
AUDUSD and NZDUSD intermediate-term bull theme re-energized
In our most recent review on 24th January of both the AUDUSD and NZDUSD Forex rates we highlighted very short-term corrective, consolidation activity, but retained…
EURUSD positive in an intermediate-term range; GBPUSD stays bullish
In our last report on EURUSD and GBPUSD here on 21st January we looked at downside risks for EURUSD and an ongoing upside threat for…
Crypto Bears are Back in Town – Take Aim at Key Long-term Support
The price of the leading cryptocurrency has been probing new depths over the last couple of days, and according to technical analysis, this may only…
USDCAD bear threat; USDJPY slightly negative
When we last looked at USDCAD and USDJPY here on 17th January we highlighted USDCAD intermediate-term bearish risks and a USDJPY intermediate-term range theme. These…
ETF Doom Fails to Move Needle on BTC Price – is This the Bottom?
Yesterday, CBOE’s BZX Exchange withdrew its proposal concerning a rule-change that – had it been approved by the SEC – would’ve opened the path for…
AUDUSD and NZDUSD bullish, though correcting lower
When we last looked at AUDUSD and NZDUSD spot FX rates here on 14th January we highlighted positive intermediate-term themes from early 2019 recoveries and…
EURUSD and GBPUSD intermediate-term bullish, but with differing risks
A mixed tone for the EURUSD and GBPUSD FX pairs through mid-January, with EURUSD questioning its intermediate-term bullish trend, whilst GBPUSD has just recently shifted…
USDCAD bull trend neutralised; USDJPY indecisive
Back on 7th January when we last reviewed USDCAD and USDJPY we questioned the USDCAD intermediate-term bullish trend bull trend and for USDJPY highlighted a…
BTC TA Points to 10-week SMA as Defining “Companion” of Current Bear Market
Zooming out a bit TA-wise in a bid to find something that has accompanied the current, more than year-long BTC (and crypto) bear market, makes…
AUDUSD and NZDUSD shift bullish with strong “flash crash” rebounds
We last reviewed the AUDUSD and NZDUSD spot FX rates here on 19th December with AUDUSD having shifted bearish and NZD poised for a similarly…