26.09.2022
Chicago 12, Melborne City, USA
Reviews

Forex Analysis & Reviews: 11.08.2022

Relevance up to 16:00 2022-08-16 UTC+00 Blue lines – Fibonacci retracement levels Red lines – Fibonacci extension levels AUDUSD is making new short-term higher highs and higher lows. Price has broken above the 38% Fibonacci retracement resistance and has the potential to reach 50% or even 61.8% retracement. The 0.7250 price level is between the […]

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Forex Analysis & Reviews: 11.08.2022

Gold quotes are again in the zone of the key level of 1800.00. Yesterday, the XAU/USD pair rose sharply after the release of US inflation indicators, jumping to a 6-week high at 1807.00. Last week, the price broke through the strong resistance level of 1783.00 (50 EMA on the daily chart) and is now trying […]

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Daily Video Analysis: Brent Crude Oil, D1 Potential Bearish Breakout

Today we take a look at Brent Crude Oil. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. The material has been provided by InstaForex Company – www.instaforex.com

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Forex Analysis & Reviews: 11.08.2022

Relevance up to 09:00 2022-08-12 UTC+00 EUR/USD Higher timeframes Bulls yesterday attempted to go beyond the nearest limit—the weekly short-term trend (1.0285). Their task now is to stay above the level and fix the achievement at the end of the week. In this case, the chances that the weekly upward correction will have development prospects […]

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Forex Analysis & Reviews: 11.08.2022

Relevance up to 11:00 2022-08-12 UTC+00 Technical analysis: GBP/UISD has been trading flat today at the price of 1.2204 but I see potential for the second downside swing. Trading recommendation: Due to the strong growth yesterday and extreme conditions, I see potential for the downside movement. Watch for potential selling opportunities with the downside objective […]

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Forex Analysis & Reviews: 11.08.2022

Relevance up to 10:00 2022-08-12 UTC+00 Technical analysis: BTC has been trading upside as I expected and the price reached both upside targets at $23.270 and $23.950. Anyway, I still see potential for further rally. Trading recommendation: Due to the strong upside momentum in the background and the weak pullbacks, I see potential for further […]

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Forex Analysis & Reviews: 11.08.2022

Details of the economic calendar for August 10 Inflation in the United States slowed down for the first time in 4 months, which became a catalyst for price spikes in financial markets. The consumer price index fell to 8.5% from a record high of 9.1%. A noteworthy point is the fact that they predicted a […]

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Forex Analysis & Reviews: 11.08.2022

Relevance up to 07:00 2022-08-12 UTC+00 The price of Bitcoin edged higher after retesting the near-term downside obstacles and it seems determined to approach and reach new highs. BTC/USD ignored strong resistance levels signaling more gains. It has increased by 8.60% from yesterday’s low of 22,668 to 24,619 today’s high. In the last 24 hours, […]

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Forex Analysis & Reviews: 11.08.2022

Relevance up to 06:00 2022-08-12 UTC+00 Trend analysis (fig. 1). Today, the pair may continue to drop to 1.2166 – the Fibonacci retracement level of 23.6% (blue dotted line) from 1.2212 (the closing of yesterday’s intraday candlestick). When testing this level, it may rebound to 1.2275 – the intraday candlestick that was formed yesterday. If […]

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Forex Analysis & Reviews: 11.08.2022

Relevance up to 05:00 2022-08-12 UTC+00 EUR/USD broke above minor resistance at 1.0273 and we should see more upside pressure in the near term towards the 1.618 extension target at 1.0610. For the short term, we need a break above the resistance line near 1.0393 for a continuation towards the extension target. In the short […]

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