Articles by Forex analysis review

BITCOIN Analysis for June 21, 2018

Bitcoin has been quite corrective above $6,500 area. The BTC price is expected to climb in the coming days. After breaking below $6,500 with a daily close, a sudden bounce above confused the market sentiment. As the price broke below $6,500 earlier, th... [...]

Fundamental Analysis of USD/CHF for June 21, 2018

USD/CHF recently rejected off the 1.00 area after certain correction and volatility. USD has been the dominant currency in the pair whereas CHF is currently trying to recover its ground. The pair is to trade with the same dynamic in the coming days.Rec... [...]

Fundamental Analysis of EUR/AUD for June 21, 2018

EUR/AUD has been quite impulsive with the bullish gains recently which lead the price higher towards 1.5750 after a bearish breakout earlier. EUR gained momentum over AUD despite the dovish rhetoric, expressed by the ECB recently.Today, the Euro group ... [...]

EUR/USD analysis for June 21, 2018

Recently, EUR/USD has been trading downwards. The price tested the level of 1.1507. According to the H1 time - frame, I found a breakout of the bearish flag, which is a sign that sellers are in control. The trend is bearish. My advice is to watch for p... [...]

Technical analysis of NZD/USD for June 21, 2018

Overview:The NZD/USD pair faces resistance at 0.6878, while strong resistance is seen at 0.6912. Support is found at 0.6823 and 0.6786 levels. Today, the NZD/USD pair continues to move downwards from 0.6851 level. The pair fell from 0.6851 level to t... [...]

Technical analysis of USD/CAD for June 21, 2018

Overview:The USD/CAD pair broke the resistance that turned into strong support at the level of 1.3247 yesterday. The level of 1.3247 coincides with a golden ratio (78.6% of Fibonacci), which is expected to act as a major support on the H1 chart today... [...]