Economies.com provides the latest Forex Technical Analysis about all the major currencies such as the Euro, Pound, Swiss Franc, Japanese Yen, Canadian Dollar, Australian Dollar as well as the technical analysis of the cross currencies.
EURGBP Pair Analysis and Forecast
Expected Scenarios
New negative close below the bearish channel’s resistance at 0.8585.
MA55 consolidates near this resistance, motivating negative ...
EURJPY Pair Analysis and Forecast
Expected Scenarios
Stability above the bullish channel’s support line at 163.65.
Attempt to get rid of negative pressures to reinforce the chances of ...
USDCHF Price Analysis
Sideways Movement with Bullish Momentum
The USDCHF pair moves within a sideways track in the previous sessions.
Stochastic indicates a clear gathering of positive ...
NZDUSD Price Analysis
Continued Bearish Momentum
The NZDUSD price opens today’s trading with new negativity, breaking the 0.6000$ level.
This reinforces the expectations of ...
AUDUSD Price Analysis
Bearish Trend Continuation
The AUDUSD price fluctuates within a sideways and tight track, settling around the 0.6525$ level.
Stochastic indicates a clear loss of ...
USDCAD Price Analysis
Bullish Scenario
The USDCAD price tested 1.3606$ level again and bounced bearishly from there.
Found solid resistance hindering the mission to rise.
The price ...
USDJPY Price Analysis
Bullish Scenario
The USDJPY price bounced downwards clearly after attempting to breach 151.81 level yesterday.
Tested the key support 151.10.
Noticing that the price ...
GBPUSD Price Analysis
Bearish Scenario
The GBPUSD price opens today’s trading with calm decline.
Hinting heading to resume the correctional bearish trend for the upcoming ...
EURUSD Price Analysis
Bearish Scenario
The EURUSD price fluctuates with slight negativity.
Attempts to move away from the broken neckline of the double top pattern.
Falling under negative ...