EURUSD The pivotal support mentioned yesterday at 1.2175, shown strong steadiness against the negative pressure on the pair; thereby pushing it to the upside to attack resistance for the descending channel that organizes the last bearish intraday trend. ..
EURUSDThe pair is fluctuating sharply to retest the breached level once again, accompanied by negative signs appearing through momentum indicators; pointing to a bearish intraday trend shown in yesterday’s reports that we recommend reviewing. The first required...
GBP/USD Open 1.4664 High 1.4767 Low 1.4446 Close 1.4647On Tuesday Pound/Dollar continued recovering with a strong upward impulse, in converse with negative Interbank sentiment at around -38%. The Cable climbed from 1.4446 to 1.4706 yesterday, closing the...
Every trend goes through a period of consolidation or burn out. The simplest way to identify consolidation is to observe when prices action move sideways instead of directionally up or down.
EURUSD The pair is fluctuating sharply to retest the breached level once again, accompanied by negative signs appearing through momentum indicators; pointing to a bearish intraday trend shown in yesterday’s reports that we recommend reviewing. The first required...
EURUSD The pair settled for 23.6% correction were it built the base after the level turned into resistance from where the pair sharply fell, achieving the awaited key targets for today near 1.2100. An expected minor retest...
EURUSD The pair managed to breach support for the ascending channel that has organized the bullish correction wave, where its breached now and turned into resistance at 1.2315. We could witness some fluctuation that will help the...
The trading session closing last week did not clear the situation. Even if there is something on the charts they are not important at the moment at the end of the month. This is more significant than...
EURUSD The pair has been trading in a narrow range since this morning due to the holidays in some financial markets; therefore, our morning expectations remain intact supported by Stochastic.
GBP/USD Open 1.4446 High 1.4597 Low 1.4392 Close 1.4445After partial recovery last week, on Friday Pound/Dollar traded with a decrease, in line with negative Interbank sentiment at around -47%. The Cable dropped from 1.4597 to 1.4453 on...
