EURUSDThe pair is finding a hard time surpassing the pivotal resistance of 1.2990, fluctuating below this level and above resistance for the previously breached bullish channel. This fluctuation has helped the pair to gain bullish momentum that we...
GBPUSD: The GBP has now broken free of the prior high and has converged on the 200 day moving average. The GBP has not traded above the 200 day MA since late January. A close above the...
EURUSDThe pair succeeded in breaching 1.2935 and headed to the upside but it is not able till now to stabilize above 61.8% Fibonacci around 1.2990. Momentum indicators are showing negative signs that might force the pair to attempt a...
EURUSDThe pair is fluctuating around the resistance for the bullish channel attempting to confirm its breach; however, the negativity by Stochastic is pressuring the pair to move to the downside. We hold onto our morning expectations, aswe...
EURUSD: The EUR continues to consolidate near the 100 day moving average. The EUR is holding above trend line support, however, analysts remain cautious as a horizontal breach of trend line support is often followed by a...
GBP/USD Open 1.5419 High 1.5500 Low 1.5259 Close 1.5422 On Friday Pound/Dollar sharply rose, in line with the positive Interbank sentiment at nearly +11%, staying within this week’s range. The Cable appreciated from 1.5259 to 1.5439 on...
EURUSDThe pair continues its positive bullish pressure stabilizing trading above 50% and below 61.8% Fibonacci correction, while ongoing signs of a bullish trend appear as its neckline meets with 61.8% at 1.2995 accompanied by positive signs appearing...
GBPUSD stays in a rising price channel on daily chart and remains in uptrend from 1.4230. Support is at 1.5124, as long as this level holds, another rise towards 1.5522 key resistance is possible, a break above...
EURUSDThe pair attempted to breach the support for the rising wedge once again, but reversed strongly to the upside with clear bullish momentum. We recommend observing trading today, especially as we await the stress tests results later today...
GBP/USD Open 1.5269 High 1.5294 Low 1.5151 Close 1.5256 On Thursday Pound/Dollar sharply rose, in line with the positive Interbank sentiment at nearly +12%, staying within this week’s range. The Cable appreciated from 1.5151 to 1.5291 yesterday,...
