NZDUSD Maintains Bullish Bias Despite Pullback
NZDUSD peaked at a 19½-month high of 0.6914 following a one-week ascent from 0.6612, before being pulled back below the mid-Bollinger band. The pair has found some footing at the upper part of a support base surrounding the lower Bollinger...
XAU/USD Remains Below 1,890.00
The XAU/USD exchange rate continued to trade sideways in the 1,860.00/1,890.00 range. From the one hand, it is likely that yellow metal could gain support from the 55-hour moving average near 1,874.00. Thus, gold could appreciate against the US Dollar...
GBP/USD Tests 55-And 100-Hour SMAS
On Thursday, the GBP/USD exchange rate declined to the 200-hour SMA near 1.3120. During today’s morning, the rate reversed north. It is likely that the currency pair could be pushed down by the 55– and 100-hour moving averages near 1.3200....
US 30 Index Returns Lower After Spike To Record High
The US 30 index posted an aggressive spike towards a fresh all-time high of 30,091.18 on Monday before returning near the previous high of 28,945. Momentum indicators in the daily chart are currently supporting that positive momentum is likely to...
GBPUSD Starting To Recover
The British pound is starting to recover higher against the US dollar currency, following the release of positive news coming Brexit negotiations. A key technical test of the 1.3200 resistance level could take place after sellers failed to move price...
LTCUSD Breakout Looms
Litecoin has broken above the $62.00 resistance level as the popular cryptocurrency starts to build short-term upside momentum. Technical analysis shows that a bullish breakout from a large triangle pattern on the lower time frames is close to taking place....
GBPUSD 1.3100 Support
The British pound continues to plunge lower against the US dollar currency, as traders remain nervous over ongoing Brexit negotiations. If the GBPUSD pair fails to reclaim the 1.3200 level, the downside pressure is expected to remain over the short-term....
EUR/GBP Outlook: Bulls Regain Traction And Signal Reversal
The cross rebounds strongly on Thursday after larger bears were rejected on probe through key supports at 0.8865 (3 Sep/9 June lows). Fresh advance is about to complete reversal pattern on daily chart after Wednesday’s action ended in long-tailed Doji....
XAU/USD Continues To Consolidate
Yesterday, the XAU/USD exchange rate continued to trade sideways in the 1,860.00/1,890.00 area. Given that yellow metal is pressured by the 55-, 100– and 200-hour SMAs in the 1,874.00/1,901.00 range, it is likely that some downside potential could prevail in...
Elliott Wave View: USDJPY Rallies Higher Together With Indices
Short term Elliott Wave View in USDJPY suggests it is correcting the cycle from March 24 high in an expanded Flat Elliott Wave structure. The Flat structure started from September 21 low where wave A ended at 106.1 and wave...
Signal2forex.com - Best Forex robots and signals




