Archive for Tag: Forex Trader

USDZAR Technical Analysis

USDZAR Technical Analysis, Trade Signals and Tips

USDZAR Technical Analysis: Weekly Chart In the weekly charts, USDZAR was trading in a down channel. USDZAR is currently trading above all SMA. RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 15.3530 & the resistance level...

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forex technical analysis

EURNZD Technical Analysis, Price Chart And Trade Signals – Latest Forex News

GBPNZD Technical Analysis: Weekly Chart In the daily charts, GBPNZD is trading in an up channel. GBPNZD is currently trading below all SMA. RSI is in the oversold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 1.9039 & the resistance...

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USDJPY

Dollar Edges Lower; G7 Intervention Concerns Mount

USDJPY is trading up 0.30% at 128.182 The U.S. dollar edged lower in early European trade Thursday as the world’s key finance ministers meet, but remains elevated amid expectations for aggressive Federal Reserve monetary tightening. At 3:15 AM ET (0715 GMT), the Dollar Index, which tracks the greenback against...

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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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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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EUR/NOK WEEKLY TECHNICAL ANALYSIS & SIGNALS

EURNOK Technical Analysis: Weekly Chart In the weekly charts, EURNOK is trading in down channel. It is trading below all SMA. The immediate support is 9.4436 & the resistance level is at 9.6495. EURNOK is trading in the down channel until there is a trend reversal. EURNOK Technical Analysis:...

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Forex Trade Ideas

Dollar gains ground after Powell comments

DOLLAR INDEX is trading up 0.21% at 98.6836 The dollar strengthened against a basket of major currencies on Monday, in the wake of comments from U.S. Federal Reserve Chair Jerome Powell that opened the door for the central bank to take a more aggressive monetary policy path. The greenback...

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