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Eur/usd: initial reversal signal is developing on daily chart

The Euro is holding a bit firmer footing in early European trading on Thursday after dollar failed to benefit more from recent hawkish comments from F...

February 9, 2023, 8:56 am

What a stochastic indicator is and how to read its signals

What is a stochastic oscillator? How is a stochastic osc...

February 7, 2023, 12:46 pm

Eurjpy consolidates in tight range between smas

EURJPY has been experiencing a downtrend since mid-October when the price peaked at the eight-year high of 148.39. In the short-term, the pair has bee...

January 31, 2023, 12:05 pm

Bitcoin will hit $200k before $70k ‘bear market’ next cycle — forecast

stochastic patterns leave the door open for 189% BTC price gains versus the current Bitcoin all-time hi...

January 27, 2023, 6:59 pm

Ethusd lower, next stochastic move crucial

ETHUSD (Ethereum) is edging lower today after touching a local peak of 1,679 on January 21. Cryptocurrencies started the year on a very positive note ...

January 27, 2023, 11:16 am

Gbpusd stays bullish near december’s high

GBPUSD could not find enough buyers to pierce through December’s high of 1.2445, finishing Monday’s session with mild losses at 1.2375. The bulls,...

January 24, 2023, 9:26 am

Silver continues to trade in a range; will there be first-mover advantage?

Silver continues to trade within the 23-25 well-observed range, contrary to gold’s fiery performance. This balance between buyers and sellers is ref...

January 20, 2023, 10:45 am

Btcusd consolidates after advance pauses

BTCUSD (Bitcoin) has been edging higher after breaking above its prolonged sideways pattern in early 2023. However, the king of cryptocurrencies is cu...

January 19, 2023, 3:06 pm

Wti futures maintain bearish bias below downtrend line

WTI crude oil futures are easing near the short-term simple moving averages (SMAs), which are ready to post a bullish crossover. The broader outlook i...

January 19, 2023, 8:36 am

Us 100 cash index trades sideways following strong start to new trading year

The US 100 cash index is trading sideways following a climb of 900 points since December 28. This upward move appears to enjoy the universal support o...

January 18, 2023, 9:23 am

Jp225 cash index trades in tight range as sma convergence flashing red

The JP225 cash index has had a muted start in 2023 compared to other equity indices. It is trading in the tight 25,603-26,550 range lacking a clear di...

January 17, 2023, 9:11 am

Usdcad turns bearish in short-term after recent slump

USDCAD broke the short-term sideways range to the downside in the preceding sessions, holding beneath the 1.3400 level. According to the RSI, the mark...

January 13, 2023, 8:38 am

Gbp/usd: extended sideways mode looks for fresh direction signals

Cable remains in extended sideways mode and moving around 200DMA (1.2023), with psychological 1.20 support still offering solid support and holding th...

January 5, 2023, 10:57 am

Eurjpy hits 3-month low, but key support area nearby

EURJPY stretched its bearish wave into the new year, tumbling to a three-month low of 138.20 on Tuesday. Previously, the support trendline drawn from ...

January 3, 2023, 8:50 am

Usdjpy rises, but outlook still cloudy

USDJPY is set for another green day, being halfway below last week’s pre-crash levels at 133.80. The price has been gradually gaining ground over th...

December 28, 2022, 9:00 am

Eurgbp gets fresh impetus; tests key resistance

EURGBP drew bulls‘ attention after setting a nice foothold around the 0.8700 key constraining zone, with the price accelerating to a new five-week h...

December 22, 2022, 9:06 am

Eurusd poised for bullish continuation

EURUSD opened the week with positive momentum marginally below the 1.0600 level, having slightly trimmed some of its recent gains as overbought signal...

December 19, 2022, 9:18 am

Usdcad rests near 50-day sma above downtrend line

USDCAD is still trading above the short-term descending trend line and the strong 50-day simple moving average (SMA), which lies near the 1.3570 suppo...

December 9, 2022, 9:36 am

Usdjpy oversold near november’s lows; risks remain

USDJPY paused its latest decline near November’s low of 137.66 before climbing back into the 138.00 territory on Monday. The RSI and the ...

November 28, 2022, 3:57 pm

Ripple short term forecast and technical analysis

Hi Traders! Ripple short term forecast and technical analysis is here. We do our analysis on the MetaTrader4 platform (MT4). Some very interesting, us...

November 23, 2022, 12:05 pm


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