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...
EURUSD The pair started its gradual descend naturally within the upside intraday channel shown yesterday, in an attempt to build a base on its support level around 1.2160 currently.
EURUSD The Pair rushed to the upside after building a base on 1.2160 while currently touching the resistance for the minor ascending channel that organizes the current intraday upside move. Momentum indicators are showing overbought signs that...
GBP/USD Open 1.4581 High 1.4743 Low 1.4511 Close 1.4546After a slight increase on Friday, Pound/Dollar lost all Thursday’s gains, in line with negative Interbank sentiment at around -34%. The Cable depreciated from 1.4745 to 1.4506 on Friday,...
EURUSD The pair continued its upside push where it managed to breach the resistance level for the descending short term channel, surpassing the breached retest line for the previously mentioned bearish technical pattern at 1.2130.
GBPUSD might be forming a cycle top at 1.4769 level on daily chart. Key support is at 1.4230, a break below this level will confirm the cycle top, then another fall towards 1.4000 could be seen. Resistance...
EURUSD The pair is fluctuating around the resistance for the descending channel and below 61.8% correction, alongside negative signals on momentum indicators. We preserve our morning expectations as far as the pair does not stabilize above 1.2150.
GBP/USD Open 1.4704 High 1.4743 Low 1.4511 Close 1.4713On Thursday Pound/Dollar continued climbing, in converse with negative Interbank sentiment at around -44%. The Cable appreciated from 1.4398 to 1.4719, closing the day at 1.4713. Today increasing extended...
EURUSD The pair respected yesterday’s expectations and halted the move at the resistance for the descending channel which declined to 1.2120. Momentum indicators show overbought signals, and in addition to the mentioned resistance and 61.8% correction, we...
