What is Technical Analysis
Relief to 21,000 Likely to Happen
Bitcoin will likely continue pulling back as investors buy the dip. If this happens, it will likely retest the lower side of […]
Bearish Breakout to 0.9800 Possible
A move above the resistance point at 1.0070 will invalidate the bearish view. Bearish view Set a sell-stop at 0.9950 and a […]
Yesterday’s Bank Holiday a Potential Future Signal
The GBP/USD fell to long term lows yesterday, but the trading occurred as a bank holiday was being celebrated in Britain. The […]
Turkish President Reassures the Market
Investors followed the statements of Turkish President Recep Tayyip Erdogan, in which he tried to reassure local markets. After significant declines in […]
Brazilian Real Tempts Traders with Intriguing Range
The USD/BRL has produced another round of head scratching trading results, as it finished yesterday near technical lows. The USD/BRL traded near […]
GBP/USD Technical Analysis: Ignoring Oversold Signs
There is no change in my technical view for the performance of the GBP/USD pair. At the beginning of this week’s trading, […]
USD/JPY Technical Analysis: Approaching Psychological Level
I expect the USD/JPY currency pair to remain within its ascending channel range until the US job numbers are announced by the […]
Gold Technical Analysis: Appropriate Next Buying Levels
Gold prices are headed for a fifth monthly decline, the longest stretch in four years, after the Federal Reserve raised interest rates, […]
ETH/USD Forecast: Bounces Again on Monday
Ethereum has recently been a little bit negative but previously had seen a massive move higher based upon the idea of “The […]
EUR/USD Technical Analysis: Stability Price Supports Bears
Even with the prospect of a big interest rate hike by the European Central Bank in September rising, the euro has struggled […]
Gaps Lower but Turns Around
I don’t necessarily think that this market is ready to take off to the upside, and I do anticipate that it is […]
Breaks Back Above the 200-Day EMA
I do believe that the longer-term outlook for crude oil is probably going to be very dependent on GDP figures, and central-bank […]