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February 4, 2023

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Tag: Breakouts

AUD/USD Price Analysis: Bears keep reins below weekly resistance line around 0.6765
Forex News / Stock News

AUD/USD Price Analysis: A test of sacred 61.8% Fibo at 0.7050 looks imminent

August 12, 2022September 1, 2022 - by admin - Leave a Comment

A break of the consolidation formed in a 0.6869-0.7047 range strengthened the aussie bulls. An establishment above 61.8% Fibo retracement adds to the upside filters. Advancing 20-and 200-EMAs signal more …

AUD/USD Price Analysis: A test of sacred 61.8% Fibo at 0.7050 looks imminent Read More
USD/JPY retreats after hitting a fresh 24-year high
Forex News

USD/JPY Price Analysis: Establishment above 200-EMA at around 134.50 supports bulls

August 10, 2022September 1, 2022 - by admin - Leave a Comment

A consolidation above the 200-EMA adds to the upside filters. The RSI (14) is oscillating in a 40.00-60.00 range and awaits a potential trigger. For more upside, the greenback bulls …

USD/JPY Price Analysis: Establishment above 200-EMA at around 134.50 supports bulls Read More
EUR/USD: Diminishing bets for a break below 0.9920 – UOB
Forex News

EUR/USD Price Analysis: Fake triangle breakout drags Eurozone bulls to near 1.0200

August 10, 2022September 1, 2022 - by admin - Leave a Comment

A less-confident break of Descending Triangle has weakened the shared currency bulls. The pair has surrendered the 20-EMA support at 1.0210. Momentum oscillator RSI (14) has shifted back inside the …

EUR/USD Price Analysis: Fake triangle breakout drags Eurozone bulls to near 1.0200 Read More
Forex News

AUD/JPY Price Analysis: Aims to recapture seven-year high near 97.00

August 8, 2022September 1, 2022 - by admin - Leave a Comment

A symmetrical triangle formation after a juggernaut rally hints continuation of an upside. Overlapping 50-EMA and asset’s price indicates short-term consolidation ahead. Aussie bulls will recapture a seven-year high at …

AUD/JPY Price Analysis: Aims to recapture seven-year high near 97.00 Read More

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