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.
USDJPY sees risk of bullish shift, USDCAD bearish theme eased
Although the overall global financial market tone continues to shift from “risk off” towards “risk on”, the selloff in US Treasuries to higher yields has…
EURUSD stays positive in a range; GBPUSD see negative correction risks
EURUSD has stayed indecisive, but soli within an intermediate-term range thus far in April, whilst GBPUSD has up until very recently been in a strong…
BTC Weathers Dip, Eyes Upward Breakout Again
Yesterday, Bitcoin, the most popular cryptocurrency, survived a bit of a scare which occurred at the end of a bullish run through which, it had…
NZDUSD bullish shift and AUDUSD bullish threat
The US$ is generally weaker across major currencies in April, with a shift back towards more of a “risk on” scenario” with the Yen also…
Shifting towards “risk on”; USDJPY upside bias, USDCAD shifts bearish
Although global equity markets remains very volatile, bigger bearish threats from the February and mid-March sell offs are easing, with the tone shifting from “risk…
Is BTC Gearing Up for a Major Breakout? (Some Aspects of Technical Analysis Say Yes)
Over the last week, BTC has been trapped in a narrow range around the $6,800 mark, going up and down by little, in effect trading…
EURUSD & GBPUSD mixed fortunes
Indecisive activity for EURUSD and GBPUSD in early April. EURUSD has shifted to an intermediate-term range theme, with the immediate bias lower. Key support is…
BTC’s Latest Corrective Rally Fails Before it Gets Going
Over the last 48 hours, we were the witnesses of yet another attempt on the part of BTC bulls to move the price of the…
AUDUSD and NZDUSD corrective upside risks
The US Dollar is mixed across major currencies, erratic and indecisive, echoing global equity markets amid the start of a potential global trade war, with…