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
Pair’s Outlook A resistance zone at 0.8940/23, mainly formed by the monthly R1 and 100-day SMA, proved to be tough yesterday by throwing USD/CHF beneath the 2012 lows at ... Read More
Pair’s Outlook It seems that the 100-day SMA will be insufficient to stop the U.S. Dollar from falling lower. However, there is a formidable support level at 102.72/70 (consisting ... Read More
Pair’s Outlook As it turned out, EUR/USD did not carry on with the decline. Instead, it bounced off the 100-day SMA despite the bearish daily technicals and recovered back ... Read More
GBP/USD Open 1.6607 High 1.6625 Low 1.6561 Close 1.6604 On Monday Pound/Dollar increased with almost 65 pips. The Cable appreciated from 1.6561 to 1.6625 yesterday, in line with the ... Read More
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
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