Author: FOREX GDP
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Gold has formed a Double bottom
Gold has formed a double bottom in the 4-hour timeframe chart. Gold has tested the support zone 1680 twice and…
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Japanese Yen got weak due to tighter lockdown. USDJPY is going to reach the Resistance level 112.00
USDJPY Analysis USDJPY is going to reach the Resistance zone 112.00 Japanese Yen makes lower as Japanese Government makes tighter…
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USDCHF is going to reach the top level of the downtrend line
USDCHF is going to reach the top level (lower high) of the downtrend line (descending channel) in the weekly timeframe…
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GBPUSD descending channel moving towards the Retest zone 1.35
UK Government announced 400 Million for a Loan UK Government has announced the 400 million pounds as Grants and Loans…
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GBPJPY breakout level becomes Strong support now
GBPJPY Analysis GBPJPY is moving in a very strong uptrend. GBPJPY has retested the old broken resistance which act as…
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Breakout at the trend line and old resistance = new support now
NZDUSD Analysis Recently, NZDUSD has broken the bottom level of the Uptrend line. If NZDUSD continues to fall, then it…
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Head and Shoulder Pattern has formed on AUDUSD
AUDUSD Analysis AUDUSD starts to fall by forming head and shoulder pattern in the daily timeframe chart. In another view,…
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Forex Analysis on Major Currencies
Key Highlights The EUR continues to feel the pressure of the strong USD GBP still putting more pressure on…
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Gold price hits the low exactly after 1-year. Is it good to buy now?
Gold Analysis Gold has reached the higher low zone of the Uptrend line in the weekly time frame chart. Exactly…
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Euro and Pound Dollar is trying to retest the Support zones
EURUSD EURUSD has broken the bottom of the uptrend line, retested the broken level and starts to move now between…
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Crude Oil is making a correction now
Crude Oil Price Analysis Crude oil has formed a Falling Wedge pattern in the Weekly Timeframe Chart. Due to the…
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How Aussie, Kiwi, Loonie and Yen currencies are performing?
The year 2021 started on a hopeful note. however, the resurgence of Covid-19 new strain has made things murkier. How…
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EURJPY has broken and retested the broken level of the Ascending channel
EURJPY Analysis EURJPY is breaking the bottom level of the Ascending channel in the 4-hour timeframe chart. EURJPY has broken…
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Third Wave of Covid-19 impact US, UK, EUR Economy?
Key Takeaways USD to outshine the two competing currencies EUR lies on uncertainty due to AstraZeneca Vaccine Rejection GBP seems…
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+16,000 Points GBPJPY went up from the higher low level of the Uptrend line (Ascending Channel)
GBPJPY Analysis As per our previous GBPJPY Analysis (Click here to see), GBPJPY went up +16000 points from the higher…
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Forex Analysis – Gold, EUR, GBP, USD, JPY, CHF, AUD
Gold Gold remains higher after the FED meeting shows Dovish stance on Policy measures, Interest rate remains lower till 2023.…
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GBP Analysis – Pound at the key price levels
GBPUSD is moving in a downtrend range by forming lower highs and lower lows in the 1-hour time frame chart.…
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Gold Price Vs Biden
Biden's Effect Vs Gold's Effect Gold has fallen on Friday due to the Joe Biden Signed the package of $1.9…
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EURGBP going to break this descending triangle pattern soon
EURGBP Analysis EURGBP has formed a Descending Triangle pattern in the 4-hour timeframe chart. Wait for the confirmation of breakout…
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EURCAD is trying to retest the low level and due to a range movement of 2 days, EURCAD closed at an entry price level
EURCAD Analysis EURCAD is moving in a downtrend by forming lower highs and lower lows in the 4-hour timeframe chart.…