Archive for Tag: Forex Trade Ideas

Technical Analysis

NZD/CAD WEEKLY SCENARIO – March 04, 2022

NZDCAD Technical Analysis: Weekly Chart In the weekly charts, NZDCAD is trading in a down channel. It is trading above 20 days SMA & below 50 and 100 days SMA. The immediate support is 0.8631 & the resistance level is at 0.8762. NZDCAD is trading in the down channel...

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forex technical analysis

AUDJPY: WEEKLY SCENARIO

AUDJPY Technical Analysis: Weekly Chart In the weekly charts, AUDJPY is trading in an up channel. It is trading above all SMA. The immediate support is 83.7137 & the resistance level is at 85.1388. AUDJPY is trading in the up channel until there is a trend reversal. AUDJPY Technical...

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EUR/USD

Euro weakens, rouble slumps as sanctions piled on Russia

EUR/USD is trading down 0.31% at 1.1183 The Russian rouble plunged and the euro nursed losses against the U.S. dollar on Monday as the West ramped up sanctions against Russia over its Ukraine invasion, prompting investors to shun riskier currencies. Western allies have ramped up efforts to punish Russia...

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forex technical analysis

NZDUSD WEEKLY SCENARIO – 01 MARCH 2022

NZDUSD Technical Analysis: Weekly Chart In the weekly charts, NZDUSD is trading in a down channel. It is trading below all SMA. The immediate support is 0.6726 & the resistance level is at 0.6848. NZDUSD is trading in the down channel until there is a trend reversal. NZDUSD Technical...

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forex technical analysis

GBPNZD WEEKLY SCENARIO – 25 February 2022

GBPNZD Technical Analysis: Weekly Chart In the weekly charts, GBPNZD was trading in the up channel. It is trading above all SMA. The immediate support is 1.9844 & the resistance level is at 2.0060. GBPNZD was trading in the up channel after breakout downside might be seen. GBPNZD Technical...

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EUR/TRY

Euro edges higher, but focus still on Ukraine

EUR/TRY is trading up 0.50% at 15.6775 The euro edged higher against the dollar on Wednesday with investors bracing for further developments in the Ukrainian crisis after Western countries announced sanctions against Russia for ordering troops into separatist regions. Satellite imagery over the past 24 hours shows several new...

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Technical Analysis

NZDUSD Weekly Technical Analysis – 22 February 2022

NZDUSD Technical Analysis: Weekly Chart In the weekly charts, NZDUSD is trading in a down channel. It is trading below all SMA. The immediate support is 0.6697 & the resistance level is at 0.6779. NZDUSD is trading in the down channel until there is a trend reversal NZDUSD Technical...

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Technical Analysis

NZDJPY: WEEKLY SCENARIO – 21 February 2022

NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in a down channel. It is trading below 20 and 50 days SMA and above 100 days SMA. The immediate support is 76.3134 & the resistance level is at 77.9358. NZDJPY is trading in the down-channel until...

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Forex Trading Ideas

Dollar Edges Lower; Risk Sentiment Boosted by Potential Ukraine Summit

EUR/USD is trading up 0.25% at 1.1346 The U.S. dollar weakened in early European trade Monday as risk sentiment received support from the news of a likely meeting between U.S. President Joe Biden and Russian President Vladimir Putin to discuss the fraught situation on the Ukrainian border. At 2:45...

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Technical Analysis

EURNZD: WEEKLY SCENARIO – 18 February 2022

EURNZD Technical Analysis: Weekly Chart In the weekly charts, EURNZD is trading in an up channel. It is trading above 20 and 50 days SMA and below 100 days SMA. The immediate support is 1.6800 & the resistance level is at 1.7057. EURNZD is trading in the up channel...

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