The United States dollar versus the Japanese yen currency pair seems to have lost its steam after a very strong appreciation. Was that all the bulls could do?
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
Will the 105.09 Support Hold on USD/JPY?
August 7, 2020 at 4:09 Japanese Yen, Technical Analysis, US Dollar
Bulls on GBP/CAD Stopped by the Same 1.7565 Resistance Level?
August 6, 2020 at 7:29 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair dropped after a new attempt to conquer 1.7567 seems to have failed.
Bulls on AUD/NZD Determined to Conquer 1.0826
August 5, 2020 at 4:46 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus the New Zealand dollar currency pair is in a steady appreciation. Will this be enough to pass the important 1.0826 resistance level?
Will the 1.3000 Support on GBP/USD Hold?
August 4, 2020 at 7:42 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the US dollar currency pair seems to be in a mixed-mode. But is it really so?
Bulls Looking Tired at 0.7191 on AUD/USD
August 3, 2020 at 6:20 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the US dollar currency pair failed to conquer the 0.7191 resistance level. Is this a sign of the bears getting stronger?
USD/JPY Beneath the Important Support of 105.09
July 31, 2020 at 8:39 Japanese Yen, Technical Analysis, US Dollar
The US dollar versus the Japanese yen currency pair slipped under the important 105.09 level. Can the bulls deliver a surprise comeback?
Bullish Determination Sent GBP/CAD Above 1.7285
July 30, 2020 at 5:37 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair printed a strong rally. Could the bears invalidate it?
AUD/NZD Back Above 1.0707
July 29, 2020 at 5:31 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus the New Zealand dollar currency pair seems to have the bulls on its side. But is it really so?
GBP/USD Passes 1.2818 High and on Its Way to 1.3000
July 28, 2020 at 1:56 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair continues the movement towards the north. Are the bears anywhere near?
AUD/USD Above 0.7000. What’s Next?
July 27, 2020 at 5:22 Australian Dollar, Technical Analysis, US Dollar
The Australian dollar versus the United States dollar currency pair conquered the 0.7000 psychological level. But is this truly a bullish victory?