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...
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.
USD/JPY Open 90.92 High 91.61 Low 90.71 Close 91.01Dollar/Yen started a recovering process last week, which slowed down on Friday, in line the Interbank sentiment at nearly -33%. The currency couple depreciated from 91.37 to 90.71 on...
EURThe Euro fell sharply on Friday as Fitch Ratings slashed Spain’s long term credit rating, fueling concerns about Europe’s sovereign debt crisis. Fitch downgraded Spain’s debt rating to AA+, stating that the country will not recover as...
USDJPY (Daily): The chart below demonstrates the volatility of this pair. It essentially is moving sideways with a large distance between chart highs and lows. Friday’s price actions saw this pair open at the 200 day MA...
EURUSD The support levels for the main descending channel has shown a strong stance in front of the third attempt to breach it last week, where the pair moved to the upside due to positive signs appearing...
USDJPY traded in a range between 88.14 and 94.98 for several months. Another rise towards 94.98 would more likely be seen in a couple of weeks, a break above this level will indicate that the uptrend from...
EURUSD The pair rushed to retest the previously breached support level shown above in red. Momentum indicators are still showing negative signs as the pair reaches the resistance for the minor ascending channel and therefore a minor...
USD/JPY Open 90.89 High 91.41 Low 89.92 Close 91.05Dollar/Yen started a recovering process this week, with stronger upward impulse on Thursday, in converse the Interbank sentiment at around -33%. The currency couple appreciated from 89.92 to 91.08...
