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.
GBPUSD send bear signals with EURUSD slightly negative
We last looked at both the EURUSD and GBPUSD Forex rates on 6th May here and highlighted downside risks for EURUSD an upside bias for…
Bitcoin Price Explodes – $8.2k Surpassed
Over the last few days, the tentative bitcoin price rally of the “crypto spring” has turned into a headlong moon-rush. Sparked against the backdrop of…
Equities vulnerable and USDJPY bear shift
A global shift to a risk off phase in May has been highlighted by the weakness across equity markets and indices in the US, Europe…
AUDUSD and NZDUSD bear trends extend, aiming still lower
When we last looked at AUDUSD and NZDUSD FX rates back on 29th April here we highlighted ongoing intermediate-term bear themes. Since this report, global…
Bitcoin Price – Are We in a Bull Market?
The price of the top crypto has embarked on a massive and sustained bull run over the last few days. Its rise to above $5,900…
EURUSD and GBPUSD send mixed signals
On 25th April we reviewed the EURUSD and GBPUSD currency pairs, and highlighted bear risks for both. Erratic activity since then has seen the EURUSD…
USDJPY and USDCAD stay bullish
When we last reviewed USDJPY and USDCAD Forex rates here on 23rd April, we had bullish outlooks for both, which has been reinforced by subsequent…
Bitcoin Bulls Suffer Blow Thanks to Bitfinex and its Tether Machinations
Not even a week ago, Bitcoin bulls were flexing their muscles around the $5.6k mark. With scores of short- and long-term technical indicators flashing green,…
AUDUSD and NZDUSD bear themes
In our 18th April report here we emphasised a bear signal and shift for NZDUSD but a still positive AUDUSD tone. Since then, deteriorating Australian economic…
EURUSD and GBPUSD send bearish, intermediate-term signals
We last looked at the EURUSD and GBPUSD Forex rates here on 15th April add highlighted upside risks for EURUSD and a bear threat for…
USDJPY sees intermediate-term bull shift as USDCAD stays positive
We last looked at the USDJPY and USDCAD currency pairs here on 11th April, then with a negative bias for USDJPY and positive tone for…
BTC breakout Attempt Falls Short, Long-term Bullish Picture Intact
Over the last 24 hours, the price of bitcoin scaled the $5.3k mark for the second time in two weeks. Despite the apparently promising nature…
NZDUSD sends intermediate-term bear signal as AUDUSD stays positive
In our 8th April report here we highlighted “intermediate-term bearish risk for NZDUSD on a break below .6716, but a slightly positive tone for AUDUSD”….
EURUSD and GBPUSD directional risks shift
When last reviewing the EURUSD and GBPUSD currency pairs here on 4th April we highlighted a bear threat for EURUSD and a still positive outlook…
Bitcoin Dips, Bulls Dig in Heels at $5k
Over the last 24 hours, Bitcoin bulls took a major hit and have been forced into a defensive stance. The price of the top cryptocurrency…