EUR/USD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.3966, the rise from 1.3672 is likely consolidation of the downtrend. Resistance is located ... Read More
Pair’s Outlook After USD/CHF had broken the resistance near 0.89 (down-trend line and 2012 lows), the pair seems to have lost its bullish momentum. The monthly R1 and 100-day ... Read More
Pair’s Outlook Despite a fairly strong report on Friday the bulls did not manage to push USD/JPY through 104. The pair has already dipped through the support at 103.41/34 ... Read More
Pair’s Outlook GBP/USD fell below a series of supports during the last five trading days, including the monthly PP and 55-day SMA. Accordingly, given that there are no dense ... Read More
Pair’s Outlook As EUR/USD closed beneath the 100-day SMA last week, there is a good chance Euro’s depreciation will persist. But the sell-off will then face a number of ... Read More
Pair’s Outlook As the 55-day SMA failed to underpin the pair, now it is 100-day SMA’s turn to try to prevent further depreciation of the Euro. However, if this ... Read More
Pair’s Outlook The monthly pivot point failed to keep GBP/USD afloat and thereby exposed 1.6590/87. And even though this support area is quite dense, consisting of the 55-day SMA ... Read More
Pair’s Outlook The bullish momentum we have been observing this week disappeared as the pair approached a key resistance represented by 104. But there are also fundamental reasons that ... Read More
Pair’s Outlook Despite a good start EUR/USD failed to preserve a bullish tendency and declined after touching the resistance at 1.3820/15, which is created by the monthly PP and ... Read More
Pair’s Outlook GBP/USD does not seem to be in a hurry to descend, but being that it has just recoiled from the rising resistance line, the pair may cede ... Read More
We use cookies to improve your browsing experience on our website. To find out more, please read our Privacy Policy and Cookies Policy, been updated and became effective May 24, 2018.
By continuing to navigate our website without changing your cookies settings, or by clicking 'Ok', you hereby acknowledge and agree to OneStopBrokers use of cookies.OkRead more