After rising exponentially for three solid days, bitcoin prices fell sharply on Thursday afternoon dropping over $500 in a four-hour period. The price has rebounded since the drop hovering ... Read More
Pair’s Outlook At the moment USD/JPY is forcing its way through the resistance at 101.80/73, specifically the 200-day SMA. If the attempt is successful, there will be few doubts ... Read More
Pair’s Outlook While the 200-day SMA has already been breached, which is generally reckoned to be a bearish sign, some of the strongest demand areas remain intact. Consequently, unless ... Read More
Pair’s Outlook EUR/USD is still lacking momentum. From the upside the currency pair’s movements are restricted by the monthly S1, but there are also additional resistances represented by the ... 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 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 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 Despite the toughness of the support at 1.3754/25 (it was formed by the 100-day SMA, long-term up-trend and monthly S1) and the majority of the monthly indicators ... Read More
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