Pair’s Outlook Judging by the currency pair’s behaviour near 1.70 yesterday, the resistance created by the 2009 highs and monthly R1 will be difficult to breach. But if the ... Read More
Pair’s Outlook After approaching the up-trend resistance line and monthly R1 level at 1.3958, EUR/USD turned around and closed beneath the weekly R1. Nevertheless, most of the technical indicators ... Read More
Pair’s Outlook Despite the different directions implied by the various technical indicators, GBP/USD soared through the nearest resistances and reached the 2009 highs at 1.70. Since this level is ... Read More
Pair’s Outlook Instead of declining from 1.39, a multi-year down-trend, the Euro notably appreciated, as was suggested by the technical indicators. Considering that the signals remain strongly positive, the ... Read More
Pair’s Outlook At first the new up-trend support line triggered a rally in USD/CHF, forcing it to surge all the way to 0.8832/31. But subsequently the currency pair did ... Read More
Pair’s Outlook USD/JPY seems to have once again failed at 102.72/56 (monthly PP and 100-day SMA), thereby calling into question the currency pair’s ability to recover in the long ... Read More
Pair’s Outlook As soon as EUR/USD approached 1.39, it was immediately sold off down to the support are around 1.38, which consists of the monthly PP and 55-day SMA. ... Read More
Pair’s Outlook There was only a brief rally yesterday during which USD/CHF closed a bearish gap—nothing critical was altered by this behaviour of the pair. The bias therefore remains ... Read More
Pair’s Outlook The strong upward impulse seen yesterday confirmed that USD/JPY still deserves a bullish outlook. Now the pair is facing the 100-day SMA and monthly PP. Last week ... Read More
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