Forex Technical Analysis

GBP/USD 1.4680 - 6 January GBP/USD Open 1.4705 High 1.4791 Low 1.4383 Close 1.4690 Pound/Dollar failed to keep the descendants scenario yesterday. The currency couple made a rising movement, reaching ...

EUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380, target 1.3600. In ...

EUR/USD 1.3535 - 6 January EUR/USD Open 1.3954 High 1.3944 Low 1.3504 Close 1.3916 In December the Euro/Dollar rose sharply and reached the 1.4710 resistance, but strengthening over this level could ...

USD/CHF – Market strategy is bullish, buying from the 1.1180~levelUSD/CHF-market strategy can be a buy from the level 1.1180Technical oscillators supporting the bullish trend for the currency ...

EUR/USD-market strategy can be~a sell from the 1.3400$ levelEUR/USD-market strategy can be a sell from the level 1.3400$Technical oscillators supporting the bearish trend for the currency pairTo ...

USD/JPY 92.96 - 6 January USD/JPY Open 93.22 High 94.03 Low 91.84 Close 93.40 Yesterday Dollar/Yen made another increasing movement as expected. The currency couple reached the long term targets 92.80...

Short term (Intraday)1,3544. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend ...

DAILY FORECAST FOR USDCHFBias: Until 1.1124-32 breaks there does seem more risk for a correction lowerThe 1.1124 high is quite critical and while this caps (allow for 1.1132) the risk does seem higher...

Daily Pivots: (S1) 126.26; (P) 127.41; (R1) 128.44; EUR/JPY is still bounded in choppy trading in range of 123.69 and 131.03. We're still mildly favoring the case that rise from 115.80, which is ...

Trading range: price action should remain range bound between 1.0851 and 1.0616. Analysis name : Dol-SfLast close : 1.065301.07960 Last status id : ...

USD/JPY – Market strategy is~bullish, buying from the 93.80 levelUSD/JPY-market strategy can be a buy from the level 93.80Technical oscillators supporting the bullish trend for the currency ...

GBP/USD – Market strategy is bearish, selling down from~the 1.4700$ levelGBP/USD-market strategy can be a sell from the level 1.4700$Technical oscillators supporting the bearish trend for the ...

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Daily Pivots: (S1) 1.3467; (P) 1.3715; (R1) 1.3883; EUR/USD falls further to as low as 1.3504 today and at this point, intraday bias remains on the downside as long as 1.3712 minor resistance holds. ...

Euro remains pressured as markets are awaiting the highly anticipated HICP inflation flash estimate in Dec from Eurozone. ECB comments took a drastic turn with ECB member Constancio and Vice President...

Euro remains the biggest loser this week after release of lower than expected inflation data in Dec that fuels speculations of rate cut from ECB on Jan 15. Flash HICP estimate in Dec dropped more than...

As the Euro was pressured to the downside, the 76.4% correction at 0.9431 failed to limit losses as the EUR/GBP pair breached the support level and was targeting the 61.8% correction at 0.92. ...