Author: FOREX GDP
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Crude Oil is making a correction now
Crude Oil Price Analysis Crude oil has formed a Falling Wedge pattern in the Weekly Timeframe Chart. Due to the…
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How Aussie, Kiwi, Loonie and Yen currencies are performing?
The year 2021 started on a hopeful note. however, the resurgence of Covid-19 new strain has made things murkier. How…
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EURJPY has broken and retested the broken level of the Ascending channel
EURJPY Analysis EURJPY is breaking the bottom level of the Ascending channel in the 4-hour timeframe chart. EURJPY has broken…
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Third Wave of Covid-19 impact US, UK, EUR Economy?
Key Takeaways USD to outshine the two competing currencies EUR lies on uncertainty due to AstraZeneca Vaccine Rejection GBP seems…
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+16,000 Points GBPJPY went up from the higher low level of the Uptrend line (Ascending Channel)
GBPJPY Analysis As per our previous GBPJPY Analysis (Click here to see), GBPJPY went up +16000 points from the higher…
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Forex Analysis – Gold, EUR, GBP, USD, JPY, CHF, AUD
Gold Gold remains higher after the FED meeting shows Dovish stance on Policy measures, Interest rate remains lower till 2023.…
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GBP Analysis – Pound at the key price levels
GBPUSD is moving in a downtrend range by forming lower highs and lower lows in the 1-hour time frame chart.…
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Gold Price Vs Biden
Biden's Effect Vs Gold's Effect Gold has fallen on Friday due to the Joe Biden Signed the package of $1.9…
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EURGBP going to break this descending triangle pattern soon
EURGBP Analysis EURGBP has formed a Descending Triangle pattern in the 4-hour timeframe chart. Wait for the confirmation of breakout…
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EURCAD is trying to retest the low level and due to a range movement of 2 days, EURCAD closed at an entry price level
EURCAD Analysis EURCAD is moving in a downtrend by forming lower highs and lower lows in the 4-hour timeframe chart.…
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Economic News Updates of Forex Currencies
US Dollar (USD) US Dollar moving lower after consumer price index came in softer number. This will calm the spikes…
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EURCAD is trying to bounce back from the bottom (lower low) of the downtrend line
EURCAD Analysis EURCAD is moving in a downtrend by forming lower highs and lower lows in the 4-hour timeframe chart.…
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Gold is really at a low price now? Good to buy?
Gold Analysis Gold is moving in a downtrend by forming lower highs and lower lows in the daily time frame…
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USDJPY has broken the Ascending channel and went up similar to USDCHF
USDJPY Analysis As per the previous week USDJPY Analysis (click here to see), we recommend to our users that JPY…
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Inverse Correlation continues exactly on EURUSD and USDCHF
Inverse Correlation Analysis From last week to this week, both EURUSD and USDCHF has travelled at the same distance of…
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4 Reasons You Should Use Demo Account in Forex Trading
A demo account in forex trading is helpful for newcomers because it gives them an idea about what real trading…
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GBPUSD hits the destination resistance 1.42 after the breakout of 1.35 price
GBPUSD Resistance Analysis As per our previous GBPUSD analysis (click here to see), GBPUSD has broken the strong resistance level…
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EURUSD and USDHF inverse correlation chart setup
EURUSD and USDCHF Inverse Correlation Analysis EURUSD is standing at the bottom level (higher low) of the trendline. Opposite to…
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Gold price is near to the low level, Buying gold is good now?
Gold Analysis Gold is moving in a downtrend (descending channel) now by forming lower highs and lower lows. Now, Gold…
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USDJPY is moving in a clear Ascending Channel (uptrend)
USDJPY is moving in an uptrend by forming higher highs and higher lows in the 4-hour timeframe chart. Now, USDJPY…