EURUSD remains in uptrend from 1.1876 and the fall from 1.3028 is treated as consolidation of uptrend. Support is now at 1.2732, as long as this level holds, another rise to 1.3200-1.3300 is still possible next week,...
EURUSDThe pair attempted to breach the support for the rising wedge once again, but reversed strongly to the upside with clear bullish momentum. We recommend observing trading today, especially as we await the stress tests results later today...
EURUSDThe pair returned within the support for the previously breached rising wedge and above resistance for the bullish channel that represents the medium term bullish direction. This makes chances of returning the bullish trend returning within the...
EUR/USD Open 1.2901 High 1.2922 Low 1.2739 Close 1.2891 On Thursday Euro/Dollar changed direction and started increasing as a result of optimism returning to the market. The European currency appreciated from 1.2739 to 1.2922 yesterday, not exactly...
EURUSDThe pair strongly rushed to the upside to attempt to surpass the retest for the support of the previously breached rising wedge, where it is heading towards the resistance level for the bullish channel that has returned...
EURUSDThe pair respected yesterday’s presented scenario, and currently fluctuates with a slight bias to the upside due to the effect of positive momentum. We expect the pair to retest 1.2820 –support for the breached rising wedge yesterday–...
USDJPY: We are seeing strong JPY Support building in at 87.50. The JPY is also in the middle of a volatile Step pattern which is generating lower highs and lower lows. If the JPY breaks Support and...
EUR/USD Open 1.2768 High 1.2910 Low 1.2733 Close 1.2752 After some hesitation, on Wednesday Euro/Dollar continued dropping. The European currency depreciated from 1.2910 to 1.2733 yesterday, not matching the neutral Interbank sentiment projection, at -0.5%, closing the...
EURUSDThe pair succeeded in breaching the pivotal support levels mentioned this morning at 1.2845, as it attempts to stabilize below it to insure that morning scenario is activated. From here, morning expectations will remain intact as long...
EURUSDThe pair descended sharply yesterday to retest the resistance for bullish channel previously breached and turned into support, which currently ascended towards 1.2845. Signs of a bearish pattern which is a rising wedge are seen over four-hour...
