EURUSD The Euro’s rally, which pushed the single currency to its highest level in more than seven weeks, stalled on Friday as market sentiments towards the Euro remained cautious and some traders bet that its recent upswing...
EUR USDThe pair neared 50% Fibonacci correction and bearishly reversed due to the effect of the negative signs appearing on momentum indicators. We can expect a base to be built on 1.2565 that represents the previously broken...
GBPUSD is moving towards the upper boundary of a falling price channel on daily chart. As long as the channel resistance holds, the bounce from 1.4230 is treated as consolidation of downtrend from 1.7042 and another fall...
EURUSDThe pair is currently trading at the support for the rising wedge shown in our morning report, where it is presently at 1.2660; while Stochastic is gradually unloading the negative momentum. Accordingly we expect the start of...
EURUSDThe pair continued its upside movement to touch 1.2700 while keeping an eye on the narrow and gradual range of trading, where as we ascend it may form a bullish wedge within the current minor ascending channel...
EURUSDThe pair is trading within a narrow range since this morning with bearish bias in an attempt to touch the awaited support at 1.2610. Our morning expectations remain intact.
GBP/USD Open 1.5174 High 1.5241 Low 1.5081 Close 1.5186 On Wednesday Pound/Dollar resumed rising after recording an insignificant correction, not exactly, however, matching the small Interbank sentiment at nearly +0.05%.
EURUSD The pair was able to achieve yesterday’s awaited ascending actions to touch the primary target around 1.2670, where it continues to move within the minor bullish channel shown in the image below.
EURUSD The pair is approaching the awaited support around 1.2540, accompanied by Stochastic riding of negative momentum appearing on it. Therefore, morning expectations will remain intact as long as trading remains above 1.2470.
GBP/USD Open 1.5139 High 1.5226 Low 1.5081 Close 1.5148 On Tuesday Pound/Dollar was trading upwards, not matching the negative Interbank sentiment at nearly -1%. The Cable appreciated from 1.5081 to 1.5226 yesterday, closing the day at 1.5148....
