My Forex View

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14/12/2023

EURAUD tumbled to a new six-month low of 1.6207 earlier today but is now hovering above the 1.6260 support level

13/12/2023

EURGBP is regaining some ground after several attempts to move beneath the 0.8555 support level. According to technical oscillators,

12/12/2023

GBPUSD had been forming a profound structure of higher highs and higher lows following its break above the crucial descending trendline

08/12/2023

USDCHF is trading sideways today, a tad below the 0.8757 level, as the bulls are trying to regain market control after a very strong sell

07/12/2023

USDJPY has been in ascending movement since the beginning of 2023, but now is creating the fourth consecutive red week after the pullback

06/12/2023

NZDUSD is edging higher today, reacting to the previous two sizeable red candles. It has been an aggressive rally

05/12/2023

GBPUSD flatlined around the familiar 1.2720 resistance region, which was last tested at the end of August, after three bullish weeks.

04/12/2023

Gold has been in a steep uptrend since November 10, when the price bounced off the crucial 200-day simple moving average (SMA).

29/11/2023

USDJPY is again lower today, recording its fifth consecutive red candle for the first time since the July correction.

27/11/2023

EURUSD has been in a recovery mode following its 2023 bottom of 1.0447 on October 3. Although the pair’s rebound got rejected

23/11/2023

AUDUSD could not find enough buyers to expand Tuesday’s bull run above the three-month high of 0.6590, closing with some losses on Wednesday.

20/11/2023

USDJPY plummeted 1.2% in the preceding 4-hour sessions, finding strong resistance near the 200-period simple moving average (SMA) at 150.00.

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