Relevance up to 19:00 2021-06-21 UTC+3 Last week we noted that the GS stock price was showing early signs of a trend reversal as price was turning lower from weekly highs and…
Tag: Fibonacci retracement
Forex Analysis & Reviews: 18.06.2021
EURUSD is trading at 1.1865 having broken easily the 61.8% key Fibonacci support level. Trend remains bearish. Our next target is at 1.1825 where we find the 78.6% Fibonacci retracement. Inability to…
Forex Analysis & Reviews: 18.06.2021
Long-term review USDCAD is trading near 1.24, when just a couple days ago it was trading at 1.2150. Our bullish signal at 1.2130 has progressed nicely and price has not only reached…
Forex Analysis & Reviews: 11.06.2021
Relevance up to 17:00 2021-06-12 UTC+3 Gold price got rejected once again at $1,900 and is turning lower. Price is once again challenging the bullish channel boundaries. Price is above key support…
Forex Analysis & Reviews: 28.05.2021
Euro plummeted yesterday and hit 1.21600. Then, it proceeded to trade sideways, mainly because of contradicting US data. On the one hand, US 1st quarter GDP exceeded expectations, while on the other…
Forex Analysis & Reviews: 20.05.2021
Relevance up to 10:00 2021-05-21 UTC+3 Overview : The EUR/USD pair will continue to rise from the level of 1.2148. The support is found at the level of 1.2148, which represents the…
Forex Analysis & Reviews: 19.05.2021
Relevance up to 15:00 UTC+3 Overview : The EUR/USD pair didn’t make any significant movements yesterday. There are no changes in our technical outlook. The bias remains bullish in the nearest term…