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Market Analytics

Find here the latest blogs on fundamental and technical analysis, as well as useful reports about different currencies around the Forex market. Study the market today and improve your trade!

EUR/JPY: technical analysis 07.07.20

Current trend On a 4-hour chart, the instrument shows a sideways dynamic in the range 121.353-121.572. The instrument has the potential to resume the upward dynamic. If the "bulls" manage to raise the rate above the level of 121.572, the growth can continue to the area of 121.875 level, which seems a strong resistance. There...

XAU/USD: technical analysis 07.07.20

Current trend The XAU/USD pair begins today’s trading with a slight bearish bias. The price is approaching strong support in the region of 1781.25. There is a high chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 1779.27. Should prices continue slipping under 1779.00, the area...

NZD/USD: technical analysis 07.07.20

Current trend NZD/USD is in the stage of a downward correction after growing to the level of 0.65797. The price went down below the level of 0.65613 and can decline further to the key support level of 0.65308. This mark coincides with the middle line of Bollinger Bands, which can activate an upward rebound of...

AUD/USD: technical analysis 06.07.20

Current trend On the 4-hour chart, the instrument keeps a positive dynamic. The price went up above the level of 0.69580 and can grow further to the level of 0.69733-0.69885, which can activate a downward rebound of the price. Meanwhile, the decisive breakout of the 0.69885 and pair sustained trading above 0.70000 will be a...

USD/JPY: technical analysis 06.07.20

Current trend The USD/JPY pair begins today’s trading with a slight bullish bias. The price has tested the resistance level of 107.769 and was slightly corrected downwards, but the general upward trend maintains. Judging by the downward bias of the Stochastic, a downward correction to 107.540 (the middle line of Bollinger bands) is possible soon....

GBP/USD: technical analysis 06.07.20

Current trend On the 4-hour chart, the instrument is trading above the middle line of Bollinger bands suggesting bullish momentum. The strong resistance for the pair is located at 1.25122-1.25292 range. This area can prevent the instrument from growing, as the possibility of the reverse of the price is high there. However, the breakout of...

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