GBP/USD Open 1.5225 High 1.5348 Low 1.5204 Close 1.5227 After an unsuccessful upward push ups, on Monday Pound/Dollar corrected deeply downwards, in converse with the positive Interbank sentiment at nearly +16%. The Cable depreciated from 1.5348 to...
EURUSDThe pair continues fluctuating near the pivotal resistance at 1.2985 –61.8% Fibonacci– where trading is taking a form near the symmetrical triangle; therefore, we expect a bullish intraday trend that will start after a clear breach of the...
EURUSDThe pair is facing a hard time in surpassing the pivotal resistance around 1.3000, thus pushing the pair to the downside where we see that it will return to retest the previously breached resistance that has currently...
GBP/USD Open 1.5302 High 1.5439 Low 1.5269 Close 1.5295 After an unsuccessful rising efforts, on Friday Pound/Dollar corrected deeply downwards, in converse with the positive Interbank sentiment at around +20%. The Cable depreciated from 1.5439 to 1.5286...
EURUSDThe pair halted its upside rush at 61.8% Fibonacci correction and seems to have indulged in a minor bearish correction, affected by the negativity on momentum indicators over daily basis. We can expect a retest for the...
GBPUSD broke above the falling price channel on daily chart and is facing 1.5522 key resistance. Minor consolidation would more likely be seen next week before breaking above this level and the trading range would be within...
EURUSDThe pair built a base on 1.2880 to rush and touch the awaited key target at 1.2985. The negativity of momentum indicators is addin g strength to this level and therefore we should witness some fluctuation and...
GBP/USD Open 1.5436 High 1.5464 Low 1.5235 Close 1.5453 On Thursday Pound/Dollar continued rising with just over 200 pips, in line with the positive Interbank sentiment at nearly +20%.
EURUSDThe pair pushed to the upside achieving yesterday’s suggested scenario that has halted around 1.2950 due to the negativity of momentum indicators. We expect the pair to attempt some minor bearish correction before resuming the expected bullish intraday...
EURUSD The pair breached resistance for the bullish channel that has currently turned into support at 1.2775, shown in the image above. Momentum indicators are still moving in overbought areas, but the stochastic is showing positive crossover...
