Pair’s Outlook The Cable remains bearish after hitting the 2009 highs. For now it is supported by the 20-day SMA, but there’s a high probability of an extended sell-off. ... Read More
Pair’s Outlook While the 200-day SMA is still not letting USD/JPY to step any lower, it is also failing to rekindle interest of the market in the pair. Still, ... Read More
Pair’s Outlook GBP/USD remains bearish after hitting 2009’s peak, even though the technical indicators are mostly pointing upwards at the moment. The Cable may find support at 1.6858/48, which ... Read More
Pair’s Outlook Soon after touching upon the up-trend resistance and monthly R1 at 1.3958 EUR/USD came under strong selling pressure, which returned the currency pair back below 1.39. Now ... Read More
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record ... Read More
Pair’s Outlook As many of the supports have already given up, it is now 200-day SMA’s task to revive a bullish momentum of USD/JPY. For now the moving average ... Read More
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
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