GBPUSD: The Pound has begun to consolidate at 1.44. Notice the last several down candles have all had long lower wicks. The implication is that Sellers are forcing price down but there are enough buyers in the...
EURUSD The pair succeeded in achieving the suggested scenario yesterday flawlessly, but main support had descended to 1.2150 maintaining a strong stance in front of achieving more downside movement. Currently accompanying it would be positive signs appearing on Stochastic that...
EURUSD The pair attempted to breach the awaited support level at 1.2290, where it continues to fluctuate around it. Stochastic provided a negative crossover and accordingly our morning expectations remain intact unless the pair stabilizes above 1.2390...
GBP/USD Open 1.4409 High 1.4448 Low 1.4310 Close 1.4406Pound/Dollar traded with a decrease at first on Tuesday, in line with negative Interbank sentiment at around -57%, than bounced upwards. The Cable depreciated yesterday down to 1.4265, from...
EURUSD The main support maintained its stance in front of the pair’s attempts to push upwards to retest the previously broken neckline that has turned into resistance, where it currently ascended towards 1.2390. Stochasticis attempting to show negative signs that...
EURUSD The pair activated the morning bearish move expectation and built a base on 1.2305, while it’s currently attacking the main support at 1.2180. Momentum indicators are adding strength to this level, but the previously breached bearish...
The pair continues under negative pressure breaching 76.4% correction for the entire medium term bullish wave which started from 1.3653 to 1.7041, structured within the main descending channel over daily basis.
GBP/USD Open 1.4407 High 1.4525 Low 1.4310 Close 1.4423Pound/Dollar started this week with a slight decrease, in line with negative Interbank sentiment at around -55%. The Cable traded with depreciation yesterday, dropping from 1.4525 to 1.4353, closing...
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EURUSD The pair continued its negative pressure in order to breach pivotal support shown in red in the image above, where it has currently turned into resistance at 1.2360. We expect this level to be retested due...
