USD/JPY Touched 111.00
Yesterday, the USD/JPY currency pair tried to surpass the 111.00 level. During Friday morning, the pair was testing the support formed by the Fibo 50.00% at 109.58. Note that the exchange rate is supported by the 55-hour SMA near 109.10....
BTCUSD Breaking Higher
Bitcoin has rallied sharply during the European trading session, with the pioneer cryptocurrency breaking through the $6,400 level. The BTCUSD pair could test towards the $8,000 level now that the $6,400 resistance level has been breached with conviction. Overall, the...
EUR/USD Outlook: Bears Consolidating as ECB Measures Encourage But Overall Picture Remains Negative
The Euro bounced some hundred pips from new three-year low (1.0725) on Thursday, as bears take a breather following comments of ECB President Christine Lagarde, who expressed strong commitments with no limits in attempts to defend the single currency, and...
EURUSD Bounces Quickly Up after Hitting 3-Year Low
EURUSD had a flash downside correction below the downward-sloping channel today, stretching its ten-day old sell-off to a three-year low of 1.0725. The MACD continues to lose momentum below its trigger line, the RSI is making its way down below its 30 oversold level, while the...
Crude Oil Capped By A Negative Trend Line
Pivot (invalidation): 23.80 Our preference Short positions below 23.80 with targets at 20.05 & 17.80 in extension. Alternative scenario Above 23.80 look for further upside with 25.00 & 26.20 as targets. – advertisement – Comment The RSI is bearish and...
GBPCAD’s Decline Appears to Have Consolidated, Capped by the 200 MA
GBPCAD seems to be undecided after the descent from the 1.8045 top, as the pair finds itself squeezed by the upper Bollinger band coupled by the 200-period simple moving average (SMA) and the lower band. The short-term oscillators reflect a...
USDJPY Recovers after Touching US Election Low
USDJPY fell sharply in recent weeks to touch 101.20, a level last seen on November 9, 2016 – the day Donald Trump was elected US president. The pair found fresh buy orders near that zone and then staged a major...
EURUSD Major Breakout
The euro is under heavy downside pressure against the US dollar after breaking sharply below the 1.1100 support level on Tuesday. A bearish head and shoulders pattern has now been activated across the lower time frames and could prompt a...
NZD/USD Tumbles Below the .60 Level
Before the market opened on Monday morning, the Royal Bank of New Zealand cut rates by 75bps to 0.25%. The central bank said they would also suspend new capital requirements for at least a year and that they would provide...
EURAUD Rollercoaster Continues to Fresh 11-Year Peak; Next Level 1.86
EURAUD is still extending its bullish rollercoaster to a fresh eleven-year peak of 1.8415, posting its fifth consecutive green day. The moving average lines are following the price’s action and are pointing north. Additionally, the RSI indicator is hovering in...
Signal2forex.com - Best Forex robots and signals




