EURUSDThe EUR/USD pair ascended since this morning, despite the clear overbought signs from the momentum indicators. We are waiting for the pair to touch the 1.2990 levels before completing its intraday bullish direction, where stability above those...
USDJPY: The JPY is clearly trending down as it makes lower highs and and lower lows (known as a Step Pattern). However, strong Resistance sits at 86.34, exactly where the JPY closed on Friday. The two long...
EURUSDThe pair succeeded in consolidating above the 61.8%correction at 1.2990 stable within the ascending channel shown below. Momentum indicators provided negative signals that might push the pair to the downside to retest this level, yet in general...
After touching the falling trend line on daily chart, USDJPY dropped sharply from 88.11, suggesting that the downtrend from 92.88 has resumed. Deeper decline is expected next week and target is at 84.82 (2009 low). Key resistance...
EURUSDThe pair continues fluctuating around the pivotal resistance of 1.2990 keeping in mind that the stochastic has started to move to the upside. No notable change it witnessed, therefore morning expectations will remain intactas long as the daily...
USD/JPY Open 87.77 High 88.11 Low 86.85 Close 87.87 Dollar/Yen climbed strongly on Tuesday, covering all losses from the previous day and more, in converse with the negative Interbank sentiment at nearly -18%. The currency couple appreciated...
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...
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...
USD/JPY Open 87.51 High 87.71 Low 86.75 Close 87.43 Dollar/Yen resumed increasing on Friday, in converse with the negative Interbank sentiment at nearly +10%. The currency couple appreciated from 86.75 to 87.50 on Friday, closing the week...
