Pair’s Outlook Regardless of the majority of the monthly technical indicators pointing upwards at the moment, the Euro is more likely to depreciate than to gain value. The immediate ... Read More
Pair’s Outlook USD/CHF continues to advance and looks ready to jump over the 200-day SMA, as suggested by the daily technical indicators. This is going to be an important ... 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 Though GBP/USD failed to climb over the weekly R1 yesterday, there are still good chances that the 2009 highs will be soon re-tested. However, for the near-term ... Read More
Pair’s Outlook The currency pair is moving further away from the resistances. Right now it is testing the weekly S1 at 1.3642, but is expected to decline even deeper, ... Read More
Pair’s Outlook The Pound preserves the upward momentum and it seems to be well-positioned to launch an attack on the 2009 highs once the weekly R1 is out of ... Read More
Intraday bias in EUR/AUD remains neutral for the moment. he bullish convergence conditions in 4 hours and daily MACD started to argue that a bottom is already in place. ... Read More
With 139.87 minor resistance intact, deeper decline is still expected in EUR/JPY. Consolidation pattern from 145.68 is in the third leg and current fall should target 136.22 support. However, ... Read More
GBP/JPY rebounded strongly ahead of 169.50 support and intraday bias is turned neutral first. Overall outlook is unchanged. price actions from 174.84 are viewed as a consolidation pattern. In ... Read More
Intraday bias in USD/CHF remains neutral with focus on 0.8952 resistance. Decisive break there will complete a double bottom (0.8698, 0.8702) and will indicate trend reversal. In such case, ... Read More
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