MARKET ANALYSIS

2022-08-08 21:30:45 UTC+00

How to trade EUR/USD on August 9? Simple tips for beginners.
The EUR/USD currency pair started a new round of upward movement inside the horizontal channel on Monday. This time the price failed to overcome the level of 1.0156
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2022-08-08 20:00:48 UTC+00

Technical analysis of GBP/USD for August 08, 2022
The GBP/USD pair was trading lower and closed the day in the balck zone near the price of 1.2113. Today it was trading in a narrow range of 1.2113, staying close to European's closing price.
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2022-08-08 19:44:33 UTC+00

August 8, 2022 : EUR/USD daily technical review and trading opportunities.
The EURUSD found support while approaching the price levels of 1.0800 few weeks ago. That's where the recent upside movement was previously initiated. However, the recent movement towards 1.1200 was considered for another SELL Trade which already reached its targets.
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2022-08-08 19:41:20 UTC+00

August 8, 2022 : EUR/USD Intraday technical analysis and trading plan.
Some bullish recovery was recently demonstrated, especially around such an important psychological support. The nearest supply level is located around 1.0360 where bearish rejection can be anticipated.
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2022-08-08 19:40:25 UTC+00

August 8, 2022 : GBP/USD Intraday technical analysis and significant key-levels.
As bullish momentum started to fade away, more bearish visits were expected to challenge the price level of 1.1950. Significant bullish recovery has been witnessed during the recent bearish dip that took place earlier few days ago while the pair looked oversold upon approaching these price levels.
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2022-08-08 18:17:53 UTC+00

Technical analysis of EUR/USD for August 08, 2022
The EUR/USD pair will continue to rise from the level of 1.0188. The support is found at the level of 1.0188, which represents the 38.2.% Fibonacci retracement level in the M30 time frame.
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2022-08-08 17:03:02 UTC+00

Positive start for the week for EURUSD.
EURUSD is trading around 1.02 after bouncing off the support area at 1.0144. Although bears have not shown any important bearish sign yet, bulls remain in danger and EURUSD vulnerable to a move towards parity once again. As long as price is below 1.0285 we remain EURUSD pessimistic.
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2022-08-08 16:58:51 UTC+00

Ichimoku cloud indicator analysis on Gold for August 8th, 2022.
Gold is in a bullish short-term trend according to the Ichimoku cloud indicator. Price recently tested the kijun-sen (yellow line indicator) support. Price respected the support at $1,774 and continues higher.
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2022-08-08 16:53:18 UTC+00

Bitcoin analysis for August 8th, 2022.
Bitcoin is trading above $23,000 close to $24,000. Short-term trend remains bullish as price continues making higher highs and higher lows inside an upward sloping channel.
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2022-08-08 16:46:11 UTC+00

Technical analysis on USDJPY for August 8th, 2022.
USDJPY is showing rejection signs at 135.30. Our bounce targets have been met and price is getting rejected at the first important trend line resistance. Price has retraced more than 50% of the entire decline.
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