EURUSDThe pair continues its positive bullish pressure stabilizing trading above 50% and below 61.8% Fibonacci correction, while ongoing signs of a bullish trend appear as its neckline meets with 61.8% at 1.2995 accompanied by positive signs appearing...
USDJPY stays below a falling trend line and remains in downtrend from 92.88. As long as the trend line resistance (now at 88.00) holds, downtrend is expected to continue, and another fall towards 84.82 (2009 low) support...
EURUSDThe pair attempted to breach the support for the rising wedge once again, but reversed strongly to the upside with clear bullish momentum. We recommend observing trading today, especially as we await the stress tests results later today...
USD/JPY Open 87.16 High 87.21 Low 86.36 Close 86.92 Dollar/Yen resumed increasing on Thursday, in converse with the negative Interbank sentiment at around -4%. The currency couple appreciated from 86.36 to 87.18 yesterday, closing the day at...
EURUSDThe pair returned within the support for the previously breached rising wedge and above resistance for the bullish channel that represents the medium term bullish direction. This makes chances of returning the bullish trend returning within the...
EURUSDThe pair strongly rushed to the upside to attempt to surpass the retest for the support of the previously breached rising wedge, where it is heading towards the resistance level for the bullish channel that has returned...
USD/JPY Open 86.90 High 87.42 Low 86.43 Close 87.02 Dollar/Yen started decreasing on Wednesday, in converse with the positive Interbank sentiment at nearly +11%. The currency couple depreciated from 87.42 to 86.84 yesterday, closing the day at...
EURUSDThe pair respected yesterday’s presented scenario, and currently fluctuates with a slight bias to the upside due to the effect of positive momentum. We expect the pair to retest 1.2820 –support for the breached rising wedge yesterday–...
USDJPY: We are seeing strong JPY Support building in at 87.50. The JPY is also in the middle of a volatile Step pattern which is generating lower highs and lower lows. If the JPY breaks Support and...
EURUSDThe pair succeeded in breaching the pivotal support levels mentioned this morning at 1.2845, as it attempts to stabilize below it to insure that morning scenario is activated. From here, morning expectations will remain intact as long...
