Forex Technical Analysis

February 2018

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    NZD/USD Technical Analysis: 5-Day Win Streak Broken. Now What?

NZD/USD Technical Analysis: 5-Day Win Streak Broken. Now What?

By |February 19th, 2018|

The New Zealand Dollar stalled at familiar chart resistance below the 0.75 figure against its US counterpart, ending an explosive five-day rally.

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    EUR/USD Weekly Technical Forecast: Euro Finds Strong Opposition, Again

EUR/USD Weekly Technical Forecast: Euro Finds Strong Opposition, Again

By |February 18th, 2018|

The euro once again experienced selling at the 2008 trend-line, further solidifying its importance; outlook turns negative heading into the new week.

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Gold Set Up for Reversal As Sentiment Shifts

By |February 17th, 2018|

The current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.

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    EUR/JPY: Lower-Highs as Prices Post Deeper Tests of LT Support

EUR/JPY: Lower-Highs as Prices Post Deeper Tests of LT Support

By |February 17th, 2018|

EUR/JPY continues to hold in a zone of support that's been relevant since last September. But bulls appear to be getting a bit more bashful after each of these support tests, begging the question: Will it hold for much longer?

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    USD/CHF: Swiss Franc Pulls Back From Fresh Two Year Highs Against USD

USD/CHF: Swiss Franc Pulls Back From Fresh Two Year Highs Against USD

By |February 17th, 2018|

USD/CHF has been in a rather smooth trend; but with fresh two-year lows printing earlier this week, might that bearish theme need to take more of a breather before short-side continuation is ready for more?

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Gold Prices Pose Brisk Rally to Key Resistance Zone

By |February 17th, 2018|

Gold prices put in a 3.34% jump from the Wednesday low to the Thursday high. But with prices now testing 2017 and 2018 resistance, will bulls be able to forge-ahead without a larger pullback?

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S&P 500 Technical Outlook: Back to the High or Lower High?

By |February 17th, 2018|

The surge in the market has been fierce since the low last Friday, but can it maintain towards the record high, or was the plunge the beginning a larger decline?

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    ASX 200 Technical Analysis: Rebound Forms New Major Support Line

ASX 200 Technical Analysis: Rebound Forms New Major Support Line

By |February 16th, 2018|

The ASX 200 declined the most in more than two years last week. However, prices have formed a long-term rising trend line and a reversal seems too early to tell.

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    USDJPY Elliott Wave Analysis: Break to 15 Month Lows May Prove Temporary

USDJPY Elliott Wave Analysis: Break to 15 Month Lows May Prove Temporary

By |February 16th, 2018|

The Elliott Wave pattern for USDJPY favors a complex wave that began in December 2016 and is nearing completion. We are observing targets near 105 and 103 as potential reversal points.

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    AUD/USD Technical Analysis: Aussie Taking Aim at 0.80 Figure

AUD/USD Technical Analysis: Aussie Taking Aim at 0.80 Figure

By |February 16th, 2018|

The Australian Dollar continues to make headway against its US counterpart, with prices now poised to challenge resistance at the 0.80 figure.

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