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...
ForexPros Daily Analysis June 17, 2010 Fundamental Analysis: BoC Gov Carney Speaks Canadian traders await the speech by governor Carney, to take place tomorrow, June 18th. Mark Carney, Bank of Canada governor, 2008-2015. As head of Canada’s...
USD/JPY Open 91.41 High 91.78 Low 91.14 Close 91.43On Wednesday Dollar/Yen continued trading with a slight decrease, in line with the Interbank sentiment at around -56%. The currency couple depreciated from 91.78 to 91.78 yesterday, closing the...
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...
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...
USD/JPY Open 91.63 High 92.03 Low 91.07 Close 91.56On Monday Dollar/Yen traded at first quietly, than with a decrease, in line with the Interbank sentiment at nearly -59%. The currency couple slightly appreciated to 92.03 yesterday, than...
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...
