GBP/USD Technical Analysis- 1.40 is the Level to Watch!
May 10, 2021|The Forex Secret –GBP/USD moved higher as soon as the Non-Farm Payroll released with a weaker than expected result. Can it sustain above the 1.40 resistance level? Let’s have a look in detail from The Forex Secret Technical analysis on GBP/USD. GBP/USD is one of the prominent currency pairs that is famous for […]
Forex Weekly Outlook- 10 May 2021 to 14 May, 2021
The weaker-than-expected Nonfarm Payroll made the US Dollar weaker against most of the major currencies. Therefore, as long as the Dollar weakness is in the market, we may expect some decent movement in major currency pairs. Let’s start the forex weekly analysis with the EUR/USD: EUR/USD EUR/USD faced decent support from 1.20 key level from […]
GBP/CAD Technical Analysis- Massive Selling Pressure vs Support Level
May 06, 2021|The Forex Secret –GBP/CAD is another volatile pair that is moving down with an impulsive bearish pressure. However, there is a recent bullish daily close that made the bearish pressure questionable. Can GBP/CAD move lower? Let’s see the detailed price direction from The Forex Secret technical Analysis! GBP/CAD – Selling Pressure is Strong […]
EUR/USD Technical Analysis- Can Bears Hold the Price Below 1.20?
May 06, 2021|The Forex Secret –EUR/USD moved lower to 1.20 but became very volatile at this level. Therefore, investors may expect that the price will move lower in the coming days. Let’s have a look at EUR/USD technical analysis from the Forex secret team. EUR/USD- Price is Unstable at 1.20 Level EUR/USD is the most […]
Forex Weekly Outlook- 03 May 2021 to 07 May, 2021
In the forex weekly Outlook, we will cover the possible movement of most of the major currency pairs this week. It is the beginning of May 2021 and the Reserve Bank of Australia and Bank of England will sit. However, we don’t expect any change from our bank but the Bank of England may taper […]
GBP/USD Approaching to 1.40 Resistance Level- What’s Next?
April 29, 2021|The Forex Secret – GBP/USD represents the most valuable currency pair based on the geographical position. The UK is considered as the Forex traders where the US is the most dominated country in the world. Therefore, when we talk about the GBP/USD we are representing two influential countries. What do we expect from […]
AUD/USD is Unstable at 0.78 Level- Can It Push Lower?
April 29, 2021|The Forex Secret – AUD/USD is one of the most traded major currency pairs that represent the Asian giant country, Australia versus The United States. Despite the dovish FOMC yesterday AUD/USD is unstable above the 0.78 level. Can the price push higher? let’s see the detailed price analysis from the Forex Secret technical […]
Forex Weekly Outlook- 26 April 2021 to 30 April 2021
We will see the possible market movement in most of the major currency pairs in the weekly forex outlook. This week would be very important for investors as it is the last week of the month with the FOMC statement and US quarterly GDP to be released. What else can we expect from the market? […]
AUD/USD Technical Analysis- Bulls to Set Price Direction
April 23, 2021|The Forex Secret – AUD/USD is one of the famous trading pairs representing the Asian economic giant, Australia. Last week, Australian Retail sales showed a better than expected report that pushed the AUD/USD price higher at 0.78 level. However, the price failed to remain stable at this level and moved back. Currently, it […]
