All this led Britain to the first place in Europe in the number of deaths from COVID-2019, and Boris Johnson and his government – toRead More
Tag: technical analysis
The media and periodicals are very fond of talking about Boris Johnson, the Prime Minister of Great Britain. As early as the very first dayRead More
EURUSD broke above descending trendline resistance (now support) and is also holding above moving average as well. A further push up above 1.16628 towards 1stRead More
USDCAD dropped nicely from our 2nd resistance and might go up to retest the 1st resistance where the 61.8% fib retracement is. Price could reverseRead More
Price is facing bearish pressure from our first resistance, in line with our descending trend line, 23.6% fibonacci retracement, 100%, 78.6% fibonacci extension and horizontalRead More
EURUSD is trading every day closer to our first target of 1.16. Price remains in a bearish short-term trend. Confirmation of the bearish signal atRead More
Intermediate-term technical outlook for the GBP/USD pair has remained bullish since bullish persistence was achieved above 1.2780 (Depicted Key-Level) on the H4 Charts. On theRead More
Gold price is at its weekly lows and price has now formed a bearish channel. Price remains in a bearish trend making lower lows andRead More
The EURUSD pair has failed to maintain enough bearish momentum below 1.1150 (consolidation range lower zone) to enhance further bearish decline. Instead, bullish breakout aboveRead More
USDCAD is trading around 1.34. Our bullish targets have been achieved and at the end of the week we find USDCAD near its weekly highs.Read More
Further Development Analyzing the current trading chart of BTC, I found that BTC traded again into the key resistance pivot at the price of $10,800Read More
The EUR/USD pair has been moving sideways within the depicted expanding channel since August 3. Previously, a temporary resistance level was formed around 1.1900 whichRead More
EUR/USD – 1H. On September 24, the EUR/USD pair began the process of growth towards the corrective level of 127.2% (1.1695). However, it did notRead More
GBP/USD – 1H. According to the hourly chart, the quotes of the GBP/USD pair consolidated over the downward trend corridor and rose to the correctiveRead More