GBP/USD Eyeing More Upsides Above 1.3200
Key Highlights GBP/USD surged above the 1.3000 and 1.3100 resistance levels. A crucial bearish trend line was breached with resistance near 1.2965 on the 4-hours chart. EUR/USD is gaining bullish momentum and it could even surpass 1.1500. The NFIB Business...
USDCHF Recoups Today’s Sell-off after Downfall to Almost 5-Year Low
USDCHF is recouping some of today’s losses after it plummeted to an almost five-year low of 0.9182. The price has turned its short-term bias from neutral to strongly negative after the downfall from the 0.9630 area. The RSI appears to...
GBPUSD 1.3280 Resistance
The British pound continues its breakout move to the upside against the US dollar, as traders continue to shun the greenback amidst concerns about the global economy. The GBPUSD pair could test the 1.3280 level if a breakout above the...
Market Morning Briefing: Dollar-Yen Has Broken Below Support Near 106
STOCKS Blood bath across the Asian markets today and the Dow futures (24549, -1240, -4.81%) has also been knocked down badly. The fear of oil price war has added fuel to the concerns of the corona virus outbreak. Dow could...
If The US Dollar’s Going To Bounce, It Better Do It Here
The high-volatility, alternating up-down rollercoaster in risk appetite that has characterized this week’s trade has seemingly broken on the final trading day of the week; that is, markets remain highly volatile, but we’re not seeing a recovery in risk assets...
GBPJPY Bearish In Short And Medium-Term, Next Support Near 135.80
GBPJPY is resuming negative momentum below the 200-day simple moving average (SMA) after some consolidation in the past few days that took the form of a bearish rectangle in a smaller timeframe (look at 4-hour chart). The next move in...
EURAUD Turns Outlook To Strongly Bullish In Long Term
EURAUD stretched its bullish rally to a ten-and-a-half-year high of 1.7127 in the last week before pulling lower. The MACD seems to be gaining momentum above its red signal line, the RSI is still hovering around its 70 overbought mark...
EUR/USD Surpassed 1.1250
On Thursday, the EUR/USD currency pair raised to the 1.1250 level. During today’s morning, the pair surpassed the monthly R2 at 1.1285. On the one hand, the exchange rate could continue to go upwards within the following trading session. However,...
EUR/USD Surpassed 1.1250
On Thursday, the EUR/USD currency pair raised to the 1.1250 level. During today’s morning, the pair surpassed the monthly R2 at 1.1285. On the one hand, the exchange rate could continue to go upwards within the following trading session. However,...
GBP/USD Reached 1.3000
Yesterday, the GBP/USD exchange rate reached the 1.2950 level. During Friday morning, the rate exceeded the weekly R1 at 1.2985. On the one hand, it is likely that the British Pound could continue to appreciate against the Greenback in the...
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