Pair’s Outlook The monthly S1 level, which had the potential to stop the sell-off from 104, was breached. This left the key demand area at 101.36/19 exposed. However, being ... Read More
Pair’s Outlook As suspected, an initial test of the resistance at 1.6822/1.6786 turned out to be unsuccessful. Considering the strength of the supply area, this may result in a ... Read More
Pair’s Outlook EUR/USD continues to advance. It has just breached the weekly R2 and is about to hit the down-trend resistance line that connects peaks of the past six ... Read More
Pair’s Outlook Just as many other resistances, the monthly pivot point also failed to stop the Euro from going higher. However, EUR/USD is now approaching a key resistance zone ... Read More
Pair’s Outlook The Cable may have gained a strong bullish momentum, but there are still tough resistances standing in its way. The main short-term obstacle is the latest peak ... Read More
Pair’s Outlook While yesterday it appeared as if the bulls have finally taken control of USD/JPY, the current price action proves this theory to be false. Still, the main ... Read More
Pair’s Outlook The bearish tendency of USD/CHF does not seem to be anyhow affected by the supports it violated during the past three days. Consequently, the pair is likely ... Read More
Pair’s Outlook Stabilisation of USD/JPY near 102.72/66, as was expected yesterday, did not turn out to be the case. Instead, the exchange rate fell more than 100 pips and ... Read More
Pair’s Outlook None of the nearby resistances proved to be strong enough to prevent GBP/USD from soaring yesterday. Both the 55-day SMA and monthly PP were effortlessly pierced through, ... Read More
Pair’s Outlook The 55-day SMA failed to contain bullishness of the common currency yesterday. As a result, EUR/USD is now testing the monthly pivot point at 1.3815, which guards ... Read More
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