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The pair has been moving in a downward direction since the beginning of May, in a corrective wave for the previous uptrend that started in February. As the decline continues, the price has approached the end of the corrective downward wave. The #Forex_trading_time team of analysts believes that the return to the uptrend is now […]
#Technical #Analysis of the #AUD/#NZD #Pair : Read More »
The pair has been moving in a downtrend over the previous period due to important economic data as well as developments on the political scene. All of this has exerted pressure on the pair to decline, allowing it to reach important and strong support levels. Looking at the indicators, we find that the RSI
Technical Analysis of the GBP/CHF pair Read More »
The #pair has been moving in an uptrend during the previous periods. On the daily timeframe, we notice that the #price is facing a strong resistance area that it has bounced off #several times previously. With the #RSI indicator breaking above the 70 level on the same timeframe, we also note that the #OSMA indicator
#Technical #Analysis of the #nzd/#cad #Pair : Read More »
The #Swiss franc has risen against the basket of currencies. Against the yen, the franc has risen to reach new highs not seen before. The bulls have pushed the pair into a state of overbought conditions. The Forex Trade Time analysis team has conducted a detailed analysis of the pair: #Daily Time Frame: The
#Technical #Analysis of the #CHF/#JPY #Pair Read More »
The pair has declined over the previous period and reached important levels, and the pair has shown a bottom formation to rely on and bounce from. The indicators show a clear reversal of the trend, and the Forex trade time analyst team has confirmed these indicators to indicate a countertrend rebound for the pair.
#technical #analysis of the #AUD/#NZD #pair : Read More »
On the daily time frame, the #price has fallen during the previous periods until it reached an area of overselling, and this is evident in most of the indicators. On the #Bollinger Bands indicator for the same time frame, we notice that the price is #trading at the lower band of the indicator and we
The technical analysis of the AUD/NZD pair Read More »
The pair is currently trading around the overbought region after the recent uptrend. The chart shows the formation of potential bearish Japanese candlestick patterns. Some indicators are also suggesting the start of a downward move. On the 4-hour RSI indicator, the RSI is above the 70 level and approaching 75. This signals that the downward
Technical Analysis of the GBP/JPY pair: Read More »
We can see on the chart that the #pair has risen, with the #British Pound achieving gains during the previous period. However, despite this increase, the pair has lost its #bullish momentum. On the 4-hour timeframe, the #RSI indicator has crossed above the 80 level, and we can also see reversal patterns in the #Japanese
#Technical #Analysis of #GBP/#CHF #Pair : Read More »
#Technical_analysis of the #GBP/#CAD pair : The British Pound has gained during the previous period, causing the pair to rise. On the 4-hour and daily timeframes, the pair has entered an overbought state. The Forex Trade Time analysis team believes that the markets for this pair will see a bearish reversal in the coming period.
Technical Analysis of GBP/CAD Pair Read More »
#Technical_analysis of the #GBP/#JPY pair : reveals that it has been moving in an uptrend for a while until it reached a peak at the end of April, from which it experienced a strong pullback. Additionally, on the technical indicators, we observe that the pair has started to lose upward momentum and is entering
Technical analysis of the GBP/JPY pair : Read More »