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 shifts bearish; USDCAD holds onto a bear bias
When we last reviewed USDJPY and USDCAD here on 6th August, we highlighted USDJPY holding onto a bullish outlook, whilst USDCAD had shifted to bearish….
BTC Bulls Dig Heels In at $6.5k – Will They Hold Though?
The price of the world’s top cryptocurrency has been slapped around lately by the bears, shedding almost all the value built up over its last…
EURUSD shifts bearish as GBPUSD bear trend reenergises
In our most recent report on EURUSD and GBPUSD we looked at the threat of an intermediate-term bearish shift for EURUSD and the ongoing bear…
AUDUSD threatens a bullish shift, as NZDUSD maintain bear its trend
In our 30th July article on AUDUSD and NZDUSD we highlighted our bearish intermediate-term views. However, for AUDUSD, this view has been questioned AUDUSD recovery…
BTC Below $7k, No More Highs in 2018?
Defying the predictions of many well-known crypto analysts, the price of the cryptocurrency blue chip Bitcoin took a rather unexpected southward turn over the last…
USDCAD shifts bearish, as USDJPY holds onto a positive bias
In out prior report looking at USDCAD and USDJPY on 25th July, we highlighted a still positive intermediate-term tone for the US Dollar against both the…
GBPUSD bearish into Bank of England; EURUSD negative in a range
We last looked at GBPUSD and EURUSD here on 23rd July and discussed ongoing intermediate-term bearish risk for GBPUSD, and a range theme for EURUSD….
AUDUSD and NZDUSD maintain bear trends and downside threats into August
In looking at both the AUDUSD and NZDUSD currency rates in our 19th July article here we highlighted ongoing bearish intermediate-term trends, despite the consolidation…
USDJPY stays bullish; USDCAD holding onto the upside bias
The US$ has shifted to a more erratic tone into latter July from a more positive tone earlier in the month, being buffeted by global…
GBPUSD remains bearish (despite bounce risks); EURUSD still indecisive
In our last report here regarding the and UK Pound and the Euro published on 12th July we highlighted a GBPUSD intermediate-term bear trend and…
BTC Jumps Amid High Trading Volumes, Pulls Back Slightly
In our last analysis, we told you about an imminent inverse head-and-shoulders pattern, that would be completed, provided the price of BTC managed to hold…
NZDUSD and AUDUSD bear themes intact during consolidation
In our 9th July report here we underlined NZDUSD and AUDUSD correction themes in relation to the intermediate-term bear trends Subsequent negative consolidation activity, primarily…
USDJPY intermediate-term bull trend re-energized; USDCAD stays positive
The US Dollar continues to strengthen against major OECD and Emerging Markets currencies into July, with traders seeking a safe haven amid growing trade wars…
EURUSD hesitant, but negative; GBPUSD stays bearish
In our last report here on 2nd July discussing the Euro and GB Pound we highlighted an erratic consolidation tone for EURUSD and an intermediate-term…
BTC Down, but Definitely Not Out Yet!
…as a matter of fact, not only is it not out, it may be prepping for a major upward breakout, as shown by technical analysis….