Pair’s Outlook Monthly pivot point at 102.72 turned out to be tough and unwilling to let the U.S. Dollar to advance further. Accordingly, we are likely to witness a ... Read More
Pair’s Outlook Despite a plethora of ‘buy’ signals provided by the technical indicators on all relevant time-frames, the 55-day SMA failed to remain intact. This fact jeopardises the short-term ... Read More
The last couple of weeks has seen the Australian dollar drift lower from resistance just below 0.95 after reaching a six month high in that area. Over the last ... Read More
The last few days has seen the GBP/USD slowly edge back towards the key 1.68 level after moving to a multi-year high near 1.6850 within the last week. The ... Read More
Intraday bias in EUR/AUD remains neutral as consolidations from 1.4652 continues. As long as 1.4964 resistance holds, near term outlook stays bearish and deeper decline is still expected. Below ... Read More
Pair’s Outlook After an eventless beginning of the week GBP/USD soared 100 pips and it is already testing a cluster of resistances around the recent Feb high. Should the ... Read More
Pair’s Outlook The latest downward momentum did not prove to be strong enough to push the price beneath the monthly PP. Instead EUR/USD seems to be recovering from 1.3816/15, ... Read More
Pair’s Outlook At the moment EUR/USD is testing the support at 1.3816/15 represented by the monthly and weekly pivot points. If this level is breached, the next significant concentration ... Read More
Pair’s Outlook Despite the bearish outlook implied by the weekly and monthly technical studies, USD/CHF turned around ahead of the monthly S1 and it is now challenging the monthly ... Read More
Pair’s Outlook The support area around the level of 101.29/19 proved to be of great significance to the market, as it has once again prevented further depreciation of the ... Read More
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