GBPUSD Technical Analysis December 1, 2020
The decline of the pair has been valid since November 2007, and it pushed the GBP down to 1.1410 low. The descending trend line emerged after the conjunction with July high at 1.719. The bears are in rule as far as the market trades below the downward...
Hi to all of you.
I would like to share my analysis on EURUSD pair which I like to trade and to analyse. I hope you will like it. Feel free to check it out and leave a comment.
This week price reached $1.16178 level and then make a pullback to $1.16700 – $1.17000 area.
The price did just that...
Gold price trading sideways supported by $1680. Any break below $1680 will open $1650 & $1630. On the other side break above $1720 opens $1735 & $1750.
Important levels to watch this week
Support: $1680 and $1660
Resistance: $1720 and $1735
Welcome to the FXCM/DailyFX analyst thread!
In this thread, I will regularly post analysis and trading signals from the DailyFX Analysts, DailyFX PLUS Trading Signals, and any other news and analysis I may find interesting which applies to forex trading. I may even contribute my own humble...
Much respect to Forex Peace Army crew for becoming an authority in many aspects of the Forex industry. I've started this thread with intention of sharing my views/commentary/analysis of various Forex currency pairs with the traders here.
A little bit about me, I've been...
EUR/USD - European Session:
The pair moved to the upside trading above 88.6% correction of the suggested CD Leg of the bearish harmonic Bat Pattern that isn’t confirmed yet. Stability above the referred to level at 1.3775 weakens the harmonic formation without canceling till now. In fact...