JUST FOREX SIGNALS (FREE)

2021-04-07 08:01:34 Open / Comment

2021-03-25 12:19:12 XAU/USD yearns for acceptance above $1735 ahead of US data

Gold treads water as a rise in Treasury yields cap the upside attempts. US dollar regains poise, tracking yields higher amid cautious mood. XAU bulls need to find a strong foothold above $1735, US data in focus. Open / Comment

2021-03-25 12:19:06 Open / Comment

2021-03-25 12:18:49 Dogecoin price is seemingly at the end of its descent, hinting that a reversal could be fast-approaching.

Dogecoin price in a life-or-death situation

The 32% crash in Dogecoin price found support at $0.041 on February 23. This point formed the basis for incoming higher lows. Since this point, DOGE has set up three higher highs and two higher lows.
An ascending parallel channel seems to form when the swing highs and lows are connected using trend lines. This technical formation forecasts a bearish breakout, which results in a 35% downtrend, which is the channel’s height added to the breakout point at $0.049. Open / Comment

2021-03-25 12:18:43 Open / Comment

2021-03-25 12:18:24 Open / Comment

2021-03-25 12:17:54 EUR/USD is posting new lows for the year and the pair is set to target 1.1695/00, Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, reports.

Key quotes

“EUR/USD is in new lows for the year, and we are allowing for a slide into the 1.1695 to 1.1600 band. This represents the 38.2% retracement of the move up from 2020 at 1.1695, the 55-week ma at 1.1630 and the previous 2008-2020 downtrend which is located at 1.1600. Longer-term we will be looking for reversal in this zone.” 
“Rallies will find initial resistance at the 200-day ma at 1.1861 and the near term downtrend at 1.1904. This guards the more important 1.1990/1.2014 pivot.”
  Open / Comment

2021-03-25 12:17:46 Open / Comment

2021-03-24 12:35:18 Open / Comment

2021-03-24 12:17:54 Open / Comment