If tomorrow’s meeting of the Federal Reserve is more or less clear, then how the Bank of England will behave remains a mystery. Different analyticalRead More
Tag: technical analysis
On December 13, the GBPUSD pair looked overpriced around the price levels of 1.3500 while exceeding the upper limit of the newly-established bullish channel. OnRead More
In December, the depicted bullish channel was initiated around 1.1000 allowing another bullish breakout above 1.1110 to pursue towards 1.1175. Initial Intraday bearish rejection wasRead More
EUR/USD – 4H. As seen on the 4-hour chart, the EUR/USD pair continues the weak process of falling in the direction of the target IRead More
GBP/USD – 4H. As seen on the 4-hour chart, the GBP/USD pair made a reversal in favor of the US currency after rebounding from theRead More
Industry news: The Japanese Economy Minister Yasutoshi Nishimura recently stated that the coronavirus outbreak is causing serious threats to the global economy. On a localRead More
To open long positions on GBPUSD, you need: Even in the morning forecast, I paid attention to the breakdown of the level of 1.3035, whichRead More
To open long positions on EURUSD, you need: The lack of fundamental data in the first half of the day and a good report onRead More
USD/JPY has been trading inside of the well defined trading range. Watch for potential breakout of the resistance at 109.16 to confirm further upside andRead More
Gold has been trading downwards. The price the price reached our first downward target at the price of $1.577 and is heading to test secondRead More
The outbreak of a new type of flu in China remains in the spotlight of the world’s main media and markets: there is a realRead More
From a complex analysis, we see a continuing downward interest set by an earlier inertial move, where the quote came close to the psychological levelRead More
Technical outlook: AUDUSD is seen to be trading around the 0.6750 levels at this point in writing, looking to produce a bullish reversal. A breakRead More
Technical outlook: GBPUSD continues to drift in a sideways corrective manner since hitting ita high at 1.3515. It may drop to the support zone markedRead More