January 21, 2022
  • January 21, 2022
  • Home
  • Technical Analysis

Technical Analysis

The path of least resistance is lower

by on December 25, 2021 0

Technical signals remain bearish for the euro The euro suffered significant losses against the US dollar in 2021. Although trading was volatile and largely directionless for the first five months of the year, the decline was relentless from June. The exchange rate fell from ~ 1.2250 to ~ 1.1200 as the ECB remained relatively...

Read More

Sunset Market Commentary – Forex Stock

by on December 13, 2021 0

Markets 20. This is roughly the number of central banks that will hold their last policy meeting in 2021. The big events this week notably the Fed (Wednesday), the Bank of England and the ECB (both Thursday). Turkey, Norway, Switzerland, Japan, Russia, Hungary and many more along with important economic data (EMU PMI, US...

Read More

EURGBP evolves between MA of 100/200 hours

by on December 10, 2021 0

EURGBP trades between 100 / 200H MM The EURGBP fell to its low for the week in Tuesday’s session and thus tested the 200-hour moving average. Support buyers leaned against the level (it was also a low from last week) and sellers looked to buyers. The price rise from Tuesday’s low saw the 100-day...

Read More

Unstable range after recovery from flash crash

by on December 8, 2021 0

SOL / USD has seen a whirlwind of rapid trading recently, including a rapid drop in value when the large-scale flash crash hit cryptocurrencies last weekend. Advertising Having recouped some of its lost value as a result of the flash crash SOL / USD suffered last weekend when the digital asset momentarily fell to...

Read More

The US 500 index tries to climb

by on December 6, 2021 0

The US 500 (Cash) Stock Index is attempting to recover previously lost ground after dropping from the 4,720 level to the 1.5-month low of 4,494. Bearish 50- and 100-period Simple Moving Averages (SMAs) approve of the pullback, and a lower crossing of the 200-period SMA by the approaching 100-period SMA could reinforce the negative...

Read More