Forex technical analysis will be updated this week, and I'll update them according the currencies prices evolution.
since the beginning of the year dollar seems made a major bottom before a reversal movement or an important consolidation. The price is on important levels (support or resistance) on several pairs. EUR/USD level 1.3000 will be...(to be continued)
Recently the presentation of the forex analysis on Mataf.net was modified. You will find for each followed parity a page including 3 technicals analysis (short, average and long term), a recall of the supports and the resistances closest and two graphs (a time graph short term and a triptych long term). These pages will be updated daily (except...(suite)
The best is the one you control. This is a very personnal question.
I don't use Pivot Points, Fibonacci, Elliot Waves, Candle Sticks but I
know people who use that technicals with succes.
I use exponential moving average, Bollinger bands, MACD and RSI. I need
a minimum of two technical analysis tools.
I think you have to experiment to find your configuration.
Arnaud.
Adeyemi Omoniyi-Saibu a écrit :
I would love to know d Best Technical analysis among these:
Pivot Points, Fibonacci, MACD, Elliot Waves, Candle Sticks. Do one need
one or combination of two or more of these technical analysis tools to
be successful in Forex Trade? The whole thing look like a Mirage.
I would love to know d Best Technical analysis among these: Pivot Points, Fibonacci, MACD, Elliot Waves, Candle Sticks. Do one need one or combination of two or more of these technical analysis tools to be successful in Forex Trade? The whole thing look like a Mirage.
EUR/USD(Euro/US Dollar) : Short term, Euro Dollar is still out of trend. The price is waiting in horizontal 4 hours Bollinger bands. Supports: 1.2080, 1.2040, 1.2020. Resistances: 1.2140, 1.2170. GBP/USD(British pound/ US Dollar) : As I anticipated GBP/USD decrease until 1.8300. The price...(suite)
Hello,
I test new intraday signal based on ROC indicator.
This morning (09h04 Paris time) I have two signals
EUR/AUD : (1.7563) sell
AUD/USD : (0.6905) buy
The backtest seems to be interesting, no I test this system in realtime.
Arnaud.
EUR/USD(Euro/US Dollar) : Euro Dollar is below the 20 weeks moving average (1.2197) and 20 days MA (1.2151). With a medium term vision, EUR/USD have is in an horizontal range, intraday trades are the best option. Short term : we noticed a negative divergence between price and the indicators MACD and RSI on the 15 minutes...(suite)
EUR/USD(Euro/US Dollar) : Euro Dollar had broken 1.1990 support. The first target is on the daily chart, the Bollinger band should slow down the bear trend. In case of 1.1930 is broken the target will be under 1.1700. I wait for a 15min consolidation to sell. GBP/USD(British pound/ US...(suite)
EUR/USD(Euro/US Dollar) : Euro Dollar is still in a short term range. In a medium term vision, the price is on a large uptrend support and near the 50 wweeks exponential moving average. No trend seems to be enough serious to invest. GBP/USD(British pound/ US Dollar) : the pound is always out...(suite)
EUR/USD(Euro/US Dollar) : Euro dollar
have
chaotic movements. The price often reverses the short term trend.
Yesterday’s analysis anticipated the downtrend following but it was
invalidated. Today the price is on 20 days and weeks moving averages. I
stay
out.<br...(suite)
EUR/USD(Euro/US Dollar) : Euro dollar have
chaotic movements. The price often reverses the short term trend.
Yesterday’s analysis anticipated the downtrend following but it was
invalidated. Today the price is on 20 days and weeks moving averages. I stay
out.<br...(suite)
EUR/USD(Euro/US Dollar) : Euro dollar have chaotic movements. The price often reverses the short term trend. Yesterday’s analysis anticipated the downtrend following but it was invalidated. Today the price is on 20 days and weeks moving averages. I stay out. suite)
EUR/USD(Euro/US Dollar) : Euro Dollar didn’t stop short term bull trend and touched the upper Bollinger band on the 4-hours chart and the hourly exponential moving average (EMA 50/100 periods). On this intraday overbought level the price done a divergence between price ant indicators RSI and MACD. In a short term vision, I...(suite)
I change my technical analysis. I’ll try to explain my forex market vision. If a pair is in a good configuration I’ll develop the analysis. I hope you’ll enjoy!
EUR/USD(Euro/US Dollar) : the 20 days moving average (MA20) has blocked the short term uptrend, euro dollar pull back on the 50 periods exponential...(suite)
Euro dollar did not follow hourly chart, the price oscillates around the exponentials moving averages (EMA 50/100). The rally I expect did not come but the bull configuration is still alive.
The 4 hours chart shows an important support with the EMA50. A contact with this level should provoke a bull reaction. The configuration is still in an...(suite)
Euro dollar start the week with a rally which pull the price above 1.2300. Now we have stabilisation. The uptrend is confirmed and should be continued.
The 4-hours chart is always bull, the Bollinger bands are drawing a parallel trend with the exponentials moving averages. The indicators are neutrals with a positive orientation. There’s no...(suite)
Euro Dollar made a pull back on the double bottom neck line at 1.2180. the daily volatility is growing and a short term uptrend is under construction.
We have a consolidation with a reducing of volatility on the 4-hours chart and a horizontal trend for the Bollinger bands. The exponentials moving averages (EMA) are in an uptrend, the...(suite)
The invalidation level indicated yesterday was broken but the daily close was done under the 100 days exponential moving average. The sell order was too anticipated because there was no really good signal.
The daily chart doesn’t give more information. The price is playing with the EMA 100, the volatility is low and the Bollinger bands are...(suite)
Euro Dollar is still in a 150 pips range under the 50 days exponential moving average (EMA50).
On the daily chart the indicators are neutrals, RSI is neither overbought nor oversold and the MACD is near the zero line. There’s no divergence between the price and the indicators, the downtrend is still alive. If the price breaks the EMA50...(suite)
EUR/USD is still in a consolidation pattern but the flag I indicate yesterday is invalidated.
On the daily chart we could see that the morning rally was stopped close to the exponential moving average (EMA50) at 1.2060. The price is still in a horizontal consolidation range, the indicators are still neutrals. I prefer follow the trend. suite)
Euro Dollar is in a consolidation period in flag pattern. The short term uptrend has stopped under 1.2060.
The 4-hours chart show the regression since the RSI was overbought, at that time the indicators returned in a neutral state (RSI is about 50 and MACD is near 0) and the volatility reduces.
The 1-hour chart highlights the flag...(suite)
The bullish divergence between the indicators (MACD and RSI) and the price on the 4-hours chart have push the EUR/USD up.
The exponential moving average 50 (EMA50) stop the EUR/USD short term uptrend on the daily chart. The upper Bollinger band merges with the EMA100 witch reinforce this level’s resistance (1.2075/1.2120). The indicators...(suite)