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: Bearish DipKey Levels:Resistance: 19.89Pivot: 19.63Support: 19.05Preferred Case:Price is approaching our pivot level of 19.63 in line with 78.6% Fibonacci retracement. We see the potential for a bearish dip towards our 1st support level of 19.05 in line with 50% Fibonacci retracement. Our bearish bias is further supported by the stochastic indicator where price is […]
Type: Bullish PressureKey Levels:Resistance: 228.10Pivot: 220.20Support: 214.00Preferred Case:Price is near pivot level of 220.20 in line with 50% Fibonacci retracement. Price can potentially rise up to the 1st resistance level at 228.10, in line with 61.8% Fibonacci projection, with a graphical swing high resistance. Our bullish bias is further supported by price trading above the […]
Type: Bearish ReversalKey Levels:Resistance: 69714Pivot: 69237Support: 67255Preferred Case:Prices have recently bounced off a pivot and are on bearish momentum We see the potential for further bearish continuation from our Pivot at 69237 in line with 38.2% Fibonacci retracement and graphical overlap towards our 1st support at 67255 in line with 38.2% Fibonacci Retracement. Our bearish […]
Type: Bearish DropKey Levels:Resistance: 1759’2Pivot: 1070’6Support: 1637’4Preferred Case:Prices are on bearish momentum. We see the potential for a dip from our pivot at 1070’6 which is a graphical overlap towards our 1st support at 1034’0 which is an area of Fibonacci confluences.Alternative Scenario:Alternatively, price may break our pivot structure and head for 1st resistance at […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.0960; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.1020 and then resume moving downwards to reach 1.0755. Another signal in favour of a further downtrend will be […]
EURUSD, “Euro vs US Dollar” Having completed another descending wave at 1.0960, EURUSD is consolidating near the lows. Possibly, today the pair may extend the descending wave to 1.0940 and then start a new growth with the target at 1.1000. GBPUSD, “Great Britain Pound vs US Dollar” After breaking 1.3176 to the downside, GBPUSD is […]
Риски стагфляции похоже берут свое и после недолгой паузы ослабление европейских валют и японской иены против доллара возобновляется. Индекс доллара вырос почти на половину процента перевалив за отметку 99.00. Доллар также растет в предположении, что отчет по рынку труда США за март окажется хорошим, и рынок укрепится во мнении, что ФРС повысит ставку на 50 […]
Type: Bullish RiseKey Levels:Resistance: 14870Pivot: 14434Support: 14101Preferred Case:With price moving above the Ichimoku cloud, we have a bullish bias that price will from our Pivot at 14434 in line with the overlap support towards our 1st resistance at 14870 in line with the horizontal overlap resistance and 78.6% Fibonacci retracement .Alternative Scenario:If prices were to […]
• 3M reversed from resistance level 149.10• Likely to fall to support level 145.00 3M earlier reversed down from the key resistance level 149.10 (which has been reversing the price from last February), intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from February. The downward reversal from […]
• AUDUSD reversed from resistance level 0.7530• Likely to fall to support level 0.7430 AUDUSD currency pair recently reversed down from the pivotal resistance level 0.7530 (which has been reversing the price from last October), intersecting with the upper daily Bollinger Band. The resistance zone near the resistance level 0.7530 was further strengthened by the […]
Thanks for great news, BTC! The leading cryptocurrency reached all the set goals, stepped over an extremely important threshold of $46,000, and is trading at $47,024 today. What is next? Technically, the nearest resistance is at $48,300, and this is a serious obstacle that prevents buyers from easily reaching $51,000. The reason for the growth […]
Sales in EURUSD increase; investors are escaping risks. The major currency pair continues falling. The current quote for the instrument is 1.0991. Demand for the American currency remains high. On one hand, market players are still trying to escape risks. On the other hand, they continue analysing possible moves of the US Fed in the […]