Forex Technical Analysis

EUR/USD: USD luring EUR into trap

The saga about the new stimulus bill is going on in the US. Deadlines have been delayed a few times, thus keeping the market in suspense. As a result, investors [...]

Thu, Oct 22, 2020
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USDCAD shows bullish divergence

USDCAD recently made a new lower low at 1.3115 and bounced back up from that level to 1.3150-1.3175 where it currently is now. The RSI did not follow the price [...]

Thu, Oct 22, 2020
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Gold price gets rejected at cloud resistance

Gold bulls were unable to break above $1,920 resistance and are now breaking below short-term support. Price got rejected at the cloud resistance we mentioned in our last analysis and [...]

Thu, Oct 22, 2020
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