EURUSD The pair touched the support for the mentioned ascending channel at 1.2360, as we await a bullish rebound to the upside as our expectations remain intact unless a base is established below 1.2325.
EURUSD The pair continues its upside push within the ascending channel shown in our previous reports, due to the effect of yesterday’s breached bullish technical pattern at 1.2325. Momentum indicators are showing some negativity that may cause...
EURUSD The pair rushed to the upside to return within the ascending channel shown above, while at the same time activating the bullish technical pattern after breaching the neckline at 1.2325. From here, we expect a bullish...
GBP/USD Open 1.4732 High 1.4856 Low 1.4644 Close 1.4725After strong rise at the beginning of this week, on Wednesday Pound/Dollar corrected deeply downwards, in line with negative Interbank sentiment at around -29%. The Cable depreciated from 1.4856...
Today is expected to be a very busy say, as many key numbers and events are scheduled to be released. The Swiss central bank is expected to keep its benchmark interest at 0.25%; however, SNB rhetoric on...
EURUSDThe negative pressure on the pair has caused a direct negative impact on momentum indicators as the pair descends towards support for the minor upside channel, shown below in the four hour chart.
EURUSD The pair touched the mentioned retest level from this morning, where it is currently at 1.2290 as the four hour candlestick closing builds a base above it. Therefore, our morning expectations remain valid as far as...
GBP/USD Open 1.4796 High 1.4833 Low 1.4695 Close 1.4803After some hesitant movements, on Tuesday Pound/Dollar continued recovering, in converse with negative Interbank sentiment at around -21%. The Cable appreciated from 1.4549 to 1.4833 yesterday, closing the day...
EURUSD The pair succeeded in achieving the suggested scenario yesterday flawlessly breaching the neckline at 1.2295, while the daily closing is above it although it stands as a temporary barrier for the bullish intraday channel in front...
EURUSD e pair declined inline with expectations to build a base on 1.2160 and then started the bullish wave supported by positive signs on Stochastic. Our expectations remain intact awaiting the bullish pattern to be activated by...
