EURUSD The Pair rushed to the upside after building a base on 1.2160 while currently touching the resistance for the minor ascending channel that organizes the current intraday upside move. Momentum indicators are showing overbought signs that...
EURUSD The pair continued its upside push where it managed to breach the resistance level for the descending short term channel, surpassing the breached retest line for the previously mentioned bearish technical pattern at 1.2130.
USDCAD: The pair which at best is volatile during breakouts has been trading a considerably more volatile pattern over the last 30 days. A break above or below the 200 day moving average typically signals a change...
USDCAD breaks below the uptrend line from 0.9930 to 1.0110. Deeper decline is expected next week and next target would be at 1.0100 area. Resistance is now at 1.0460, as long as this level holds, downtrend from...
EURUSD The pair is fluctuating around the resistance for the descending channel and below 61.8% correction, alongside negative signals on momentum indicators. We preserve our morning expectations as far as the pair does not stabilize above 1.2150.
EURUSD The pair respected yesterday’s expectations and halted the move at the resistance for the descending channel which declined to 1.2120. Momentum indicators show overbought signals, and in addition to the mentioned resistance and 61.8% correction, we...
EUR USD The pair breached the awaited resistance at 1.2045 though hit the 50 MA which restricted the upside movement. Our suggested intraday scenario was activated and the pair is now retesting the breach. Our expectations remain...
The GBP is still holding up quite well after finding Support at 1.43. Lows several times traded below 1.4250 but were always pushed back up. We are noticing a number of long wicked candles including 3 Doji’s...
EURUSD The pair rushed to the upside breaching 1.1990, trading in the channel shown above, and also extending the upside move towards 61.8% at 1.2150, which meets the resistance for the downside channel.
EURUSD The pair neared the awaited retest level that has currently descended towards 1.1990, where our morning expectations remain intact; while keeping in mind that a four-hour closing above the mentioned level wil l trigger a bullish...
