Technical Analysis
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 therefore needs no special consideration. The main tool by which to analyse the forex market is forex charts.
AUDUSD Bearish Shift; NZDUSD Bullish Trend Neutralised
Early February has been dominated by an violent sell off in global equity markets, primarily triggered by a shift to higher yield territory…
Sliding Into Oblivion? (BTC is Breaking Through Support Levels Like It has no Intentions of Bottoming Out)
Analysts have been predicting a bottom to Bitcoin’s spectacular drop for weeks now, and although several critical support levels were left in the…
AUDUSD and NZDUSD Still Bullish, Despite Late January Pause
Although the US Dollar has seen some modest corrective recovery activity into the end of January, we expected this to be short-lived. We…
BTC/USD – T’is the Season for FUD (and More Ineffective Technical Analysis)
The price of bitcoin has shown quite an erratic evolution lately, proving technical analysts wrong time and time again over the last couple…
In the Grip of the Bear – BTC’s Woes Continue (Break Below $10k Still in the Books)
Over the last couple of days, the price of bitcoin failed to make much headway in either direction, although the overall tendency remained…
EURUSD and GBPUSD Bull Trends
A negative US Dollar tone has re-emerged in January 2018 across G10 FX markets. The US$ has been weakening since the FOMC rate…
AUDUSD and NZDUSD Bullish Trends into January
Broad based US Dollar weakness has been seen since the December 2017 rate hike, with a noteworthy setback for the US$ during the…
Bitcoin Tests $20k, Bounces Back. Bearish Reversal in the Works?
Over the last few days, the price of bitcoin tentatively approached the $20,000 psychological level, looking to perhaps fire a few exploratory shots…
The US Dollar Strength Continues, Aiming USDJPY and USDCAD Still Higher
The US dollar continues to strengthen, reacting to positive data for the US economy, the perception of a more hawkish Fed and the…
GBP Surge with More Hawkish Bank of England; FTSE 100 plunges
The GB Pound surged after the Thursday 14 September Bank of England meeting, with perception of a more hawkish tone pushing GBPUSD to…
AUDUSD Retains Underlying Bull Theme, but NZDUSD Looks Weak
The US Dollar recovery strength has begun to emerge in early September against major G10 currencies. However, AUDUSD has retained an underlying bullish…
Australian and New Zealand Dollars Stay Bullish (Despite Pause)
Both the Australian and New Zealand Dollars reinforced their intermediate-term bullish outlooks versus the US Dollar in late July, extending up trends from…
Oil Aims Higher, Reinforces USDCAD Down Trend
A solid rebound into late July for oil (Brent and WTI), switching the intermediate term outlook from neutral back to bullish. Moreover, the…
Australian and New Zealand Dollars More Bullish as USD Weakens
Both the Australian and New Zealand Dollars had displayed an even more bullish tone through mid-July against the US Dollar, both reflecting US…
EURUSD Poised for a Still More Bullish Move into the ECB Meeting
The pan-European currency has produced strong gains against most G10 currencies over the past three weeks since ECB President Draghi indicated a potentially…
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