| Analytics | Technical Analysis

Forex Technical Analysis

Get your technical analysis reports on the day’s top assets, straight from our team of experts.

GBPUSD Remains Near 1.25, Awaits Impetus for Movement

The USD traded slightly lower on Friday, motivating traders to push other currencies higher.

USDJPY Posts Massive Head and Shoulders Pattern

The downbeat mood in the markets persisted on Thursday, dragging down the USDJPY 0.4% lower ahead of the US session, likely leading to a retest of the critical support at 127.00.

SP500 Slides Toward 4,000 USD Again

The SP 500 index declined by around 0.7% before the US opening bell Wednesday, last seen at about 4,055 USD.

EURUSD Returns Above 1.05, Cancels Short-term Downtrend

The USD eased broadly as investors booked profits from its recent rally, sending the EURUSD pair 1% higher on Tuesday, jumping above the critical 1.05 level.

USDJPY Fails to Hold Gains, Turns Negative

Earlier gains in the USDJPY pair are quickly gone as US traders sold the rally, keeping the pair below the psychological 130 threshold. At the time of writing, the pair traded at around 129.10, slightly lower on the day.

Gold Drops Toward 1,800 USD

As the USD continues to be in high demand, the bullion remains under pressure. That seems to be the case on Friday as the dollar index returned to its cycle highs, pushing the shiny metal down 1% toward the important 1,800 USD mark.

Axiory uses cookies to improve your browsing experience. You can click Accept or continue browsing to consent to cookies usage. Please read our Cookie Policy to learn more.