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Market Analytics

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

USD/CHF: technical analysis 21.08.20

Current trend On the 4-hour chart, the instrument keeps a negative dynamic. At the moment the price has met the support at the level of 0.90637. The breakdown of this level will be a signal of the downward trend resumption and let the price decline to the area of 0.90332 level. This mark seems a...

USD/CAD: technical analysis 21.08.20

Current trend On the 4-hour chart, the instrument is trading below the middle line of Bollinger Bands suggesting bearish momentum. The price is approaching strong support in the region of 1.31531. Assuming the pair’s ability to cross this mark, the level of 1.31323 can be targeted if holding sell positions. This mark seems strong support,...

EUR/USD: technical analysis 21.08.20

Current trend On the 4-hour chart, the instrument keeps a positive dynamic. The price is approaching a strong resistance in the region of 1.18934, which coincided with the middle line of Bollinger Bands. As a strong resistance, this level can prevent the instrument from growing. One may speak about upward movement continuation after the price...

EUR/JPY: technical analysis 20.08.20

Current trend On a 4-hour chart, the EUR/JPY is trading below the middle line of Bollinger Bands suggesting bearish momentum. The price is approaching strong support in the region of 125.391. This level can stop the downward dynamic, as the possibility of the reverse of the price is high there. However, the breakdown of 125.330...

XAU/USD: technical analysis 20.08.20

Current trend XAU/USD is in the stage of upward correction after falling to the level of 1924.49. At the moment the price has met the resistance at the level of 1955.24. The breakout of this level will confirm the upward correction development and let the price grow to the area of 1960.00-1968.75. This level can...

NZD/USD: technical analysis 20.08.20

Current trend On a 4-hour chart, the price has tested the support level of 0.65440 and was slightly corrected upwards, but the general downward trend maintains. Should prices continue slipping under 0.65540, the sellers will aim for the 0.65308 level. This level can activate an upward rebound. Meanwhile, the breakdown of 0.65308 and the pair’s...

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