EURUSD The pair managed to breach support for the ascending channel that has organized the bullish correction wave, where its breached now and turned into resistance at 1.2315. We could witness some fluctuation that will help the...
The trading session closing last week did not clear the situation. Even if there is something on the charts they are not important at the moment at the end of the month. This is more significant than...
EURUSD The pair has been trading in a narrow range since this morning due to the holidays in some financial markets; therefore, our morning expectations remain intact supported by Stochastic.
GBP/USD Open 1.4446 High 1.4597 Low 1.4392 Close 1.4445After partial recovery last week, on Friday Pound/Dollar traded with a decrease, in line with negative Interbank sentiment at around -47%. The Cable dropped from 1.4597 to 1.4453 on...
USDJPY (Daily): The chart below demonstrates the volatility of this pair. It essentially is moving sideways with a large distance between chart highs and lows. Friday’s price actions saw this pair open at the 200 day MA...
EURUSD The support levels for the main descending channel has shown a strong stance in front of the third attempt to breach it last week, where the pair moved to the upside due to positive signs appearing...
Being supported by the lower border of the falling price channel on daily chart, GBPUSD bounced from 1.4230 level. Range trading between 1.4230 and 1.4800 is expected in a couple of weeks. However, the bounce is more...
EURUSD The pair rushed to retest the previously breached support level shown above in red. Momentum indicators are still showing negative signs as the pair reaches the resistance for the minor ascending channel and therefore a minor...
GBP/USD Open 1.4551 High 1.4604 Low 1.4371 Close 1.4580After being hesitant last week, this week Pound/Dollar finally started showing signs of recovery, and on Thursday traded with increase, in converse with negative Interbank sentiment at nearly -59%....
EURUSD The pair almost managed to achieve the key awaited target from yesterday at 1.2420, but support levels have halted this ascend – 38.2% Fibonacci and the minor ascending channel in addition to the MA 50 accompanied...