The United States dollar versus the Japanese yen currency pair seems to have eyed the 112.07 level. Are the bears interested in turning the market around from here?
Technical analysis of the news events that affect the course of the exchange rates helps traders by complementing the normal fundamental view of the situation. The posts below will be useful to get the understanding of the important exchange rate levels for currency pairs, which can then be used for calculating entry and exit points for trading based off the actual Forex news.
Technical Analysis News Archive
GBP/CAD Rotating After 1.7178 Low
April 1, 2021 at 4:46 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair seems to be setting the grounds for a new rally. Any signs of the opposite?
Consolidation on AUD/NZD Around 1.0895
March 31, 2021 at 4:21 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus the New Zealand dollar currency pair seems to have entered a consolidative phase. Are the bears going to attempt a shift in the market direction?
Will the Bulls Retake 1.3854 on GBP/USD?
March 30, 2021 at 4:22 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair seems to be willing to rotate towards the north. Will the bears allow it?
Bulls Rotating Price from 0.7587?
March 29, 2021 at 4:47 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the United States dollar currency pair seems to be getting under bullish influence. Is this actually a trap set by the bears?
Bulls Attempting to Check 109.08 on USD/JPY
March 26, 2021 at 6:36 Japanese Yen, Technical Analysis, US Dollar
The United States dollar versus the Japanese yen currency pair seems to be aided by the bulls’ will to drive it higher.
Bears Took Over GBP/CAD from 1.7285
March 25, 2021 at 5:42 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair seems to be under bearish pressure. Can the bulls do something for a change?
Bears to Take Over AUD/NZD After Rally Above 1.0895?
March 24, 2021 at 5:36 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus the New Zealand dollar currency pair printed a rally that might be just too tempting for the bears. Or isn’t it so?
Bulls Steering Toward 1.4122 on GBP/USD?
March 23, 2021 at 5:02 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair seems to be in bullish hands. Is this really so?
Bulls to the Rescue on AUD/USD from 0.7744?
March 22, 2021 at 5:34 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the United States dollar currency pair seems to be attempting a rotation from 1.7744. Will the bulls succeed?