Between September 9-10, the NZD/USD broke above the downtrend trendline as well as 200 Exponential Moving Average on the hourly chart. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free […]
The AUD/CAD shows a potential uptrend taking shape as key resistance levels are tested. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with our trusted brokers: Non-US […]
The AUD/NZD currency pair has established a downtrend after there was a confirmed break below the uptrend trendline, which occurred on September 1st. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open […]
NZD/CHF has established a clear uptrend on the daily as well as lower timeframes. The first confirmation of an uptrend could have been the break and close above the 50 Simple/Exponential Moving Average as well as the downtrend trendline, which has occurred back on August 28th. Disclaimer: The analysis presented in this article is […]
As long as daily closing prices remain above that support, uptrend continuation should be expected. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with our trusted brokers: […]
As long as daily closing price remains below the most recent high at 81.45, the selling pressure for the CAD/JPY will continue to increase. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to […]
On the Daily chart we can witness a strong uptrend which is still valid. This is because price continues to print higher highs and higher lows while remains above the 200 Simple and Exponential Moving Average. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as […]
On the Daily chart, the RSI oscillator formed a bullish divergence suggesting either a corrective wave up or a trend reversal. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free […]
All-in-all, price rejecting the 50 Exponential Moving Average, and is in favor of the uptrend. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with our trusted brokers: […]
The big picture is that EUR/USD is still trending up, although the price could be slowly starting to reverse to the downside. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a […]
