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Economic News Updates of Forex Currencies
US Dollar (USD) US Dollar moving lower after consumer price index came in softer number. This will calm the spikes…
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EURCAD is trying to bounce back from the bottom (lower low) of the downtrend line
EURCAD Analysis EURCAD is moving in a downtrend by forming lower highs and lower lows in the 4-hour timeframe chart.…
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Gold is really at a low price now? Good to buy?
Gold Analysis Gold is moving in a downtrend by forming lower highs and lower lows in the daily time frame…
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USDJPY has broken the Ascending channel and went up similar to USDCHF
USDJPY Analysis As per the previous week USDJPY Analysis (click here to see), we recommend to our users that JPY…
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Inverse Correlation continues exactly on EURUSD and USDCHF
Inverse Correlation Analysis From last week to this week, both EURUSD and USDCHF has travelled at the same distance of…
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GBPUSD hits the destination resistance 1.42 after the breakout of 1.35 price
GBPUSD Resistance Analysis As per our previous GBPUSD analysis (click here to see), GBPUSD has broken the strong resistance level…
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EURUSD and USDHF inverse correlation chart setup
EURUSD and USDCHF Inverse Correlation Analysis EURUSD is standing at the bottom level (higher low) of the trendline. Opposite to…
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Gold price is near to the low level, Buying gold is good now?
Gold Analysis Gold is moving in a downtrend (descending channel) now by forming lower highs and lower lows. Now, Gold…
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USDJPY is moving in a clear Ascending Channel (uptrend)
USDJPY is moving in an uptrend by forming higher highs and higher lows in the 4-hour timeframe chart. Now, USDJPY…
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Descending channel top has broken on EURGBP
EURGBP Breakout Analysis EURGBP has broken the top level of the descending channel in the 1-hour timeframe chart. Expecting a…
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USDCHF at the higher high zone (top) of the uptrend line
USDCHF has reached a higher high zone of the uptrend line. Let's wait for the confirmation of reversal or breakout.…
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EURUSD still ranging without a clear breakout or reversal
EURUSD Analysis EURUSD is moving up and down between the ranges. but the downtrend line shows EURUSD has broken the…
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EURCAD at the lower low zone of the downtrend line
EURCAD Analysis EURCAD is standing at the lower low zone of the downtrend line. Let's wait for the confirmation of…
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After 14 months, GBJPY has reached the Strong Resistance Zone
GBPJPY Analysis After 14 months, GBJPY has reached a strong resistance zone of 148.00 If the market breaks this resistance,…
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Gold price going to fall?
Gold Price Analysis After 9 years, the Gold price reached this high and standing at this resistance zone for a…
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USDJPY and USDCHF are moving in an Up Trend (Ascending Channel)
USDJPY and USDCHF are all moving in an uptrend by forming higher highs and higher lows in the 4-hour Timeframe…
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USDCAD has reached this support 1.26 for the third time
USDCAD Support Analysis USDCAD has reached the support zone for the third time. Let's wait for the confirmation of reversal…
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Gold price hits the recent support, will it move up?
Gold Analysis Gold has reached the recent support zone in the 4-hour timeframe chart. Let's wait for the confirmation of…
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Crude oil price reached the top level of the falling wedge
Crude Oil Analysis Crude oil has reached the top level of the falling wedge pattern. Wait for the confirmation of…
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GBPUSD is breaking the top of the Ascending Triangle
GBPUSD Analysis Ascending Triangle pattern is formed in GBPUSD by creating Equal highs and higher lows. GBPUSD is breaking the…