Relevance up to 21:00 2021-05-08 UTC+3 By the end of February, Near the price level of 1.2250, Significant SELLING Pressure was found. Since then, the current downtrend has been initiated. Shortly after,…
Tag: Stock market
Forex Analysis & Reviews: 07.05.2021
Relevance up to 17:00 2021-05-08 UTC+3 Yesterday we mentioned in our analysis that if Gold price were to break above the trading range, it would produce a bullish signal and the target…
Forex Analysis & Reviews: 07.05.2021
Daily Video Analysis: GBPJPY facing bearish pressure, potential for a further drop! Today we take a look at GBPJPY. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators…
Forex Analysis & Reviews: 06.05.2021
Relevance up to 18:00 2021-05-07 UTC+3 Previous bullish trials for retesting of 1.3900 should have given many valid SELL Entries as suggested in previous article. Bearish Persistence below 1.3820 favoured bearish decline…
Forex Analysis & Reviews: 06.05.2021
Relevance up to 18:00 UTC+3 Overview : The EUR/USD pair is trading a few pips above the 38.6% retracement of its latest bullish run after repeatedly meeting buyers on approaches to the…
Forex Analysis & Reviews: 06.05.2021
Relevance up to 17:00 2021-05-08 UTC+3 In the early American session, gold is trading below the strong resistance of 1,796 and above the SMA of 21 according to daily charts. We also…
Forex Analysis & Reviews: 05.05.2021
Relevance up to 19:00 2021-05-06 UTC+3 In late February, a recent bullish spike has pursued towards 1.2150 – 1.2200 where bearish rejection was previously anticipated. This was followed by a long-duration bearish…