TODAY TECHNICAL LEVEL : Breakout Buy level : 1.3712.Strong Resistance : 1.3703.Original Resistance : 1.3689.Inner Sell Area : 1.3675.Target Inner Area : 1.3639.Inner Buy Area : 1.3603.Original Support : 1.3589.Strong Support : 1.3575.Breakout Sell level : 1.3566.
On Friday, January 21, the market profile for the British pound formed a trend day. We can see the pound declining to the key support levels in the beginning of the day. These levels worked as a...
This week the EUR/GBP pair is trading up this week after a slight rollback. As mentioned before, successful breakout of the support level near 0.8430-0.8450 targeted the pair to 0.8143.The view on the currency pair remains bearish...
4-hour timeframeThe euro is still developing a buy signal with target level at 1.3298; however, correction movement is continuing as well.
The GBP/JPY is moving within corrective wave 4 of medium term uptrend – colored magenta in the chart. The targets of the downmove are Fibonacci retracements of 128.29-132.48, 130.43-132.48, expansions off 132.48-131.62-132.14. Supports: – 131.45 = .50...
TODAY TECHNICAL LEVEL : Breakout Buy level : 1.3327.Strong Resistance : 1.3320.Original Resistance : 1.3307.Inner Sell Area : 1.3294.Target Inner Area : 1.3263.Inner Buy Area : 1.3232.Original Support : 1.3219.Strong Support : 1.3206.Breakout Sell level : 1.3198.
4-hour timeframeOverview:The buy signal with target level at 1.5722 is being developed; however, price movement has stopped, which can be considered as a correction. The formed signal is strong and confirmed since the Chinkou Span fixated above...
H4 Yesterday’s optimism on the aussie market turned inverse immediately after the prices reached the lower limit of the Ishimoku cloud on four-hour graphs. The price bounced off of the Senkou Span A and directed to the...
The GBP/JPY is now moving within subwave C (colored red in the chart) of daily impulse wave C – colored royal blue in the chart. The targets of the upmove are Fibonacci retracements of 133.03-125.47 and expansions...
The USD/JPY pair is consolidating after it has successfully broken the resistance level 82.85. However, the viewpoint at the pair is still bullish and the upside movement is expected to resume in the nearest future.Earlier on a...
