EURUSDThe pair succeeded is achieving the suggested scenario for last week by trading within the bullish channel shown in the image above. The daily and weekly closing has been achieved above 76.4% Fibonacci correction, previously breached at...
USDJPY’s downward movement from 92.88 extended to as low as 85.02. Further fall towards 84.82 (2009 low) could be seen next week, a break below this level will target 82.00 or even lower.
EURUSDThe pair neared the bullish channel that has currently ascended to 1.3150; therefore no change it evident on the suggested morning scenario, as long as stability is above 1.3115 as we await for the release of the US...
EURUSDThe pair is trading near support for the bullish channel which is ascending towards 1.3145, while SMA 50 supports this channel. This support’s stance encourages us to expect a bullish intraday trend; targeting once again pivotal resistance 1.3250 in...
EURUSDThe pair is moving according to our morning suggested scenario nearing the initial key target at 1.3250; therefore, we maintain our morning expectations intact as long as stability is above 1.3110.
EURUSDAfter the 76.4% Fibonacci level showed a strong stance in front of the pair’s upside movement, the pair descended to near support for the bullish channel that organizes the correction trend that has started near the bottom at...
EURUSDThe pair since this morning has been trading on a negative slant, although 1.3185 stands as a barrier stopping the pair from moving to the downside; keeping in mind that Stochastic is gradually unloading the negative momentum....
EURUSDThe pair is finding difficulty building a base above 1.3250 due to the negative effect of momentum indicators appearing on the four-hour chart, currently close to touching minor support around 1.3185. We expect the pair to build...
EURUSDThe pair built a base on 1.3145 and rushed towards the pivotal resistance at 1.3250 – 76.4% Fibonacci-. More bullish intraday movement is expected, where we may witness some fluctuation around the mentioned level due to the...
EURUSDThe pair extended its rise within the short-term ascending channel while finding difficulties in surpassing 1.3190 levels affected by the negative sings from the momentum indicator, slight downside correction might take the pair to 1.3105 before rising...
