GBPUSD Weekly Analysis – November 19, 2017
GBPUSD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the fall from 1.3657 could be...
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EURUSD Weekly Analysis – November 19, 2017
EURUSD broke above the falling trend line on the daily chart and is now facing 1.1879 resistance. A breakout of this level will confirm that the downside movement from 1.2092 had completed at 1.1554 already, then further...
USD/JPY Price Forecast November 20, 2017, Technical Analysis
The US dollar fell significantly during the trading session on Friday, and then bounced slightly to only roll over again. We have tested the 112 level, and if we can continue to go lower from here, the...
USD/CAD Price Forecast November 20, 2017, Technical Analysis
The US dollar has been very volatile against the Canadian dollar during the trading session on Friday, initially dipping down towards the 1.2715 level, and then exploding to the upside, reaching as high as 1.2830. We then...
GBP/USD Price Forecast November 20, 2017, Technical Analysis
The British pound has been very volatile during the trading session on Friday, testing the 1.3250 level but failing. However, I think that eventually we will break above there as the British pound is going to continue...
EUR/USD Price Forecast November 20, 2017, Technical Analysis
The EUR/USD pair has been choppy during the trading session on Friday, rallying a bit, breaking above the 1.18 level. However, we roll over from there and it looks as if were going to settle on an...
AUD/USD Price Forecast November 20, 2017, Technical Analysis
The Australian dollar has fallen a bit during the day on Friday, showing signs of struggle against the US dollar you again. The 0.7550 level underneath has been supportive in the past, and is the beginning of...
EUR/USD struggles to stay around 1.1800 while waiting for Draghi
The EUR/USD began the day on Friday with a strong rebound of more than 40 pips that made it jump again above 1.1800 to reach a maximum of 2 days at 1.1822. In the European opening, the...
GBPJPY Descending Channel (Nov 17, 2017)
GBPJPY continues to trend lower on its short-term time frames. Price is testing the resistance at 149.00 and could be ready for a drop to the channel support at 147.50. The 100 SMA is below the longer-term...
USD/JPY Price Forecast November 17, 2017, Technical Analysis
The US dollar has been very choppy against the Japanese yen during the trading session on Thursday, as we continue to dance around the 113 handle. The previous downtrend line that was the top of the channel...