The AUD/USD currency pair is rolling back after it could not break the resistance level at 1.0600. As mentioned before, if the support level 1.0400 is broken, long positions should be closed as it will cause a...
EUR/USD pair is rolling back after it failed to test the 1.4278 resistance level. As mentioned before, a break of this level will target the pair to 1.4577. Earlier in the intraday chart EUR/USD shaped a Bullish...
At the moment the GBP/USD is testing the support level near 1.5960.Earlier on a 4-hour graph the GBP/USD has formed a Three Black Crows candlestick combination, which indicates downside movement.
The EUR/USD currency pair is continuing to advance. Earlier on a daily graph the EUR/USD pair formed a Bullish Engulfing candlestick combination, indicating upside movement.
The GBP/USD currency pair failed again to break the support level 1.5980, to rebound up further. Nevertheless, the viewpoint at the pair is still bearish.Earlier on a 4-hour graph the GBP/USD has formed a Dark Cloud Cover...
The GBP/USD currency pair is demonstrating a slight correction after a decline to 1.5980.
The GBP/JPY is developing wave C of medium term downtrend – colored magenta in the chart. On smaller scale this wave consists of A and B subwaves (colored yellow in the chart) with subwave B still developing....
On a 4-hour graph the GBP/USD has formed a Dark Cloud Cover candlestick combination, which indicates downside movement.
H4 The aussie is still moving in the sideways direction – consolidation is in full play on 4-hour graphs. All Indicator lines directed horizontally are showing sideways movement (1, 2, 3, 4), as well as the Chinkou...
TODAY OUTLOOK : After testing the 1.3750 level that acted as a strong support yesterday, the pair reversed to the upside until it broke out above the Resistance 1.3857 and found new Resistance at 1.3893 (near the...