TECHNICAL ANALYSIS Resistance and Key Support Levels According to the custom Excel VBA macros I rely on to calculate daily pivot points, immediate upside resistance is firmly entrenched at the 160.75 structural ceiling. A decisive daily close above...
TECHNICAL ANALYSIS CADJPY cadjpy h4 shows a big drop from the highs near 117.049 down to the lows near 114.499. after that drop price entered a sideways range and has been moving between the moving averages. current price is 115.192 and trading just...
Strategic Insights: USDJPY Prices Recently, the USD/JPY currency pair's pricing behavior has been rather interesting. There is now a wedge-like shape that is difficult to classify. It might be an autonomous upward rise that has nothing to do with...
Technical analysis of NZDUSD Today we will perform a technical analysis on NZD/USD. To understand any market, technical analysis is required, for which we employ indicators of different levels and types. If we look at the market now, the market is...
Technical analysis of AUDUSD Today I will start with a technical analysis of AUD/USD. The market is currently in a downtrend and the trendline is helping the market enter the downtrend. The market is currently trading below the 1.0582 resistance and...