Pair’s Outlook The Pound continues to recover after an encounter with a cluster of supports around 1.6750. This demand area consists of the monthly pivot point, 55-day SMA and ... Read More
Pair’s Outlook Neither the ceiling at 1.3725 nor the floor at 1.3686 seem to be willing to give in. However, considering that EUR/USD has recently confirmed the major down-trend ... Read More
Pair’s Outlook The 200-day SMA, one of the supports seen capable of revitalising the bullish momentum, was breached yesterday. This exposed another important level, namely the 50% Fibo at ... Read More
Pair’s Outlook By rebounding from the rising support line at 1.6742/29, which is reinforced by the 55-day SMA, the Cable preserved its bullish outlook. At the same time the ... Read More
Pair’s Outlook EUR/USD stays directionless, as its movements are restricted by the tough levels from both sides. Should the currency pair try to recover, as suggested by the monthly ... Read More
Pair’s Outlook As suspected, USD/JPY failed to gain a foothold above 102.35/10, which is a necessary condition for the long-term sustainable recovery. But at the same time the currency ... Read More
Pair’s Outlook None of the nearest supports were able to negate the bearish momentum yesterday. Consequently, we are now left only with 1.6736/26 (55-day SMA and up-trend line) that ... Read More
Pair’s Outlook After a precipitous decline EUR/USD now finds itself trapped between two strong levels. From above the currency pair is capped by a combination of the up-trend line ... Read More
Pair’s Outlook USD/JPY is struggling to pass through the formidable resistance at 102.38/16, which is required for a bullish outlook to be confirmed. However, the task is a difficult ... Read More
Pair’s Outlook As the Cable failed to rise above the weekly PP yesterday, it extended the decline from 1.70, closing in the end near the weekly S1 and monthly ... Read More
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