Market analysis from FXCM
NZDUSD is reaching key support and is ready for a bounce back!
Price is testing support and we could see a bounce from here. A break above our desecending trend line is needed before a further push up.
Price is testing support and we could see a bounce from here. A break above our desecending trend line is needed before a further push up.
Price is testing support where we could see a bounce above this level to our first resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.
Price is testing support where we could see a bounce above this level to our first resistance target. Prices are holding above the 20 EMA as well, in line with our bullish bias.
The Tidal Shift Strategy has just sold NZDUSD at 0.72483. The system recommends entering this trade at any price between 0.72322 and 0.72644. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -2.1721, which suggests that the NZDUSD could be trending downwards.The 14-period...
USDJPY could retest the trendline, possible pullback!
USDJPY could retest the trendline, possible pullback!
GBPUSD is seeing a reversal in trend, more downside !
Price is approaching support in line with our ascending trend line and graphical support level where we could see a further bounce above this level.
Price is approaching support in line with our ascending trend line and graphical support level where we could see a further bounce above this level.
The Tidal Shift Strategy has just bought AUDJPY at 80.46. The system recommends entering this trade at any price between 80.273 and 80.647. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.017, which suggests that the AUDJPY could be trending upwards.The 14-period Average...
GBPUSD is seeing a reversal in trend, more downside !
USDJPY could retest the trendline before further drop!
USDJPY could retest the trendline before further drop!
USDCAD facing pressure pressure from 1st resistance!
0.72485 - 0.72817 Signal ID: 74577 Time Issued: Wednesday, 06 January 2021 06:00:15 GMT Status: open Entry: 0.72485 - 0.72817 Limit: N/A Stop Loss: 0.71986 The Tidal Shift Strategy has just bought NZDUSD at 0.72651. The system recommends entering this trade at any price between 0.72485 and 0.72817. The signal was issued because our Speculative Sentiment Index...
Price is facing bullish pressure where we could see a further bounce above this level.