Archive for Tag: best Forex trading strategy

forex analyis

Dollar Edges Higher; Climbs to a New Two-Year High

EUR/USD is trading flat at 1.0877 The U.S. dollar edged higher in early European trade Friday, trading at a two-year high and underpinned by the likelihood of sharp rises in interest rates by the Federal Reserve. At 4:05 AM ET (0805 GMT), the Dollar Index, which tracks the greenback...

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GBPCHF Technical Analysis

GBPCHF Technical Analysis

GBPCHF Technical Analysis: Weekly Chart In the weekly charts, GBCHF is trading in a downward channel. It is trading below all SMAs: MA (5), MA (20), and MA (50). The immediate support is 1.21018 and the resistance level is at 1.24218 GBPCHF is trading in a downward channel until...

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AUDUSD Future Technical Analysis

AUDUSD Future Technical Analysis & Trade Signal

AUDUSD Technical Analysis: Weekly Chart In the weekly charts, AUDUSD is trading in an upward channel. It is trading above all SMAs: MA (5), MA (20), and MA (50). The immediate support is 0.74592 and the resistance level is at 0.77038 AUDUSD is trading in an upward channel until...

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forex technical analysis

USDCAD FUTURE TECHNICAL ANALYSIS & TRADE SIGNAL

USDZAR Technical Analysis: Weekly Chart In the weekly charts, USDZAR is trading in a down channel. It is trading below all SMA. The immediate support is 14.4967 & the resistance level is at 14.8335. USDZAR is trading in the down channel until there is trend reversal. USDZAR Technical Analysis:...

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Dollar Index

Dollar Surges on Aggressive Fed Expectations; Euro Slips

Dollar Index is trading up 0.06% at 99.538 The U.S. dollar strengthened Wednesday on raised expectations of aggressive monetary policy tightening by the Federal Reserve, while the euro was weighed by the prospect of additional sanctions on Russia. At 3 AM ET (0700 GMT), the Dollar Index, which tracks...

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USDCAD Future Technical Analysis

USDCAD Future Technical Analysis & Trade Signal

USDCAD Technical Analysis: Weekly Chart In the weekly charts, USDCAD is trading within a rectangle pattern. It is trading below all SMAs: MA (5), MA (20), and MA (50). The immediate support is 1.22883 and the resistance level is at 1.28888 USDCAD is trading within a rectangle until there...

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USD/SEK WEEKLY TECHNICAL ANALYSIS & SIGNALS

USDSEK Technical Analysis: Weekly Chart In the weekly charts, USDSEK is trading in an up channel. It is trading above all SMA. The immediate support is 9.3621 & the resistance level is at 9.4789. USDSEK is trading in the up channel until there is a trend reversal. USDSEK Technical...

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forex technical analysis

NZD/CHF WEEKLY TECHNICAL ANALYSIS & SIGNALS

NZDCHF Technical Analysis: Weekly Chart In the weekly charts, NZDCHF is trading in a down channel. It is trading above all SMA. The immediate support is 0.6402 & the resistance level is at 0.6535. NZDCHF is trading in the down channel until there is a trend reversal. NZDCHF Technical...

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USDCAD Trading

Dollar falls as hawkish Fed delivers without an extra kick

USDCAD is trading down 0.13% at 1.2660 The dollar fell on Wednesday after the U.S. Federal Reserve moved to a hawkish monetary policy but without delivering a tougher surprise that might have added to its weeks-long momentum. The dollar index, which had gained 3% since the start of the...

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ROYAL DUTCH SHELL WEEKLY TECHNICAL ANALYSIS – 16 MARCH 2022

ROYAL DUTCH SHELL Technical Analysis: Weekly Chart In the weekly charts, ROYAL DUTCH SHELL is trading in an up channel. It is trading above all SMA. The immediate support is 21.27 & the resistance level is at 23.35. ROYAL DUTCH SHELL is trading in the up channel until there...

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