Market Analysis
Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
Disclaimer: Market Analysis is published for informational purposes only and should not be considered as investment advice, recommendations, or suggestions for performing any action with financial instruments. The analysis belongs to their respective authors and “Brokers Watch” is not responsible for their content.
Type: Bullish Rise Key Levels:Resistance: 13427.50Pivot: 12951.50Support: 12691.50 Preferred Case:On the H4, with price expected to bounce off the stochastic support, we have a bullish bias that price will rise from our pivot at 12951.50 where the pullback support, 23.6% fibonacci retracement and 78.6% fibonacci projection are to the 1st resistance at 13427.50 where the […]
The BTC dropped to $23,000. Yesterday’s trading session was emotionally exhausting – market players were selling and the overall picture was more negative than positive. Two days ago, the BTC was going to test $24,400. However, market conditions failed: American exchanges started falling. Technically, it was explained by the fact that their previous growth had […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is correcting inside the bullish channel. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6950 and then resume moving upwards to reach 0.7180. Another signal in favour of a […]
Daily Market Outlook, August 10, 2022 Overnight Headlines Consensus Expects US Inflation To Have Eased Slightly In July Fed’s Bullard Wants Rates At 4% By December US Dollar Trades Solidly In Calm Before US CPI Storm Biden Signs CHIPS Act Into Law As Tech Arms Race With China Heats Up Biden Signs Off On NATO […]
Type: Bullish Bounce Key Levels:Resistance: 24662.92Pivot: 22483.15Support: 20696.63 Preferred Case:On the H4, with price moving within a bullish channel and RSI moving along an ascending trendline, we have a bullish bias that price will rise from our pivot at 22483.15 where the pullback support, 61.8% fibonacci retracement and 78.6% fibonacci projection are to the 1st […]
Type: Bullish Rise Key Levels:Resistance: 14216Pivot: 13674Support: 13348 Preferred Case:On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 13674 where the pullback support is to the 1st resistance at 14216 where the 78.6% fibonacci retracement and […]
Type: Bullish Rise Key Levels:Resistance: 33432Pivot: 32614Support: 31864 Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 32614 where the pullback support is to the 1st resistance at 33432 where the swing high resistance, -61.8% fibonacci expansion and 161.8% fibonacci […]
Type: Bullish Rise Key Levels:Resistance: 138.65Pivot: 135.31Support: 130.00 Preferred Case:On the H4, with prices moving above the ichimoku indicator, the MACD histogram is above zero and the RSI moving along the ascending trendline, we have a bullish bias that price may rise from the pivot at 135.31 where the 61.8% fibonacci retracement is to the […]
Type: Bullish Rise Key Levels:Resistance: 953.7Pivot: 933.3Support: 908.7 Preferred Case:On the H4, with prices moving above the ichimoku indicator and the ascending trendline, we have a bullish bias that price may rise from the pivot at 933.3 where the 61.8% fibonacci projection is to the 1st resistance at 953.7, where the swing high is. Alternative […]
EURUSD, “Euro vs US Dollar” Having completed the correctional structure at 1.0220, EURUSD is falling to break 1.0122 and may later continue trading downwards with the target at 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has finished the correctional structure at 1.2136; right now, it is forming a new descending wave to break […]
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the […]
• WTI reversed from support level 88.00 • Likely to rise to resistance level 92.30 WTI crude oil recently reversed up from the key support level 88.00 (low of the previous wave 3, which has been reversing the price from the start of February) intersecting with the lower daily Bollinger Band. The upward reversal from […]