Daily Technical Analysis
- Monday, 25 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 26 June
Sterling was initially pushed lower in the course of the yesterday’s session but found some amount of support around 1.3220 level and managed to rebound in order to finish the session around 1.3280 area. At this stage, there are short-term…
- Monday, 25 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 26 June
Aussie failed to generate bullish momentum on the first day of the week though there were no major data releases from Australia and USA yesterday. Pair has some amount of support around 0.74 handle where bears drove the pair back…
- Sunday, 24 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 25 June
The weekly recovery stalled short of the 23.6% retracement of the 1.2413/1.1507, this last, a fresh yearly low reached last Thursday, which means that the common currency is still at risk of resuming its decline. The mentioned Fibonacci resistance is…
- Sunday, 24 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 25 June
Last week’s Bank of England rate decision was a bit surprising as three members of the MPC voted for an immediate rate hike; and the fact that the BoE’s Chief Economist was one of the dissenters certainly seemed to catch notice. GBP/USD had…
- Sunday, 24 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 25 June
The Australian Dollar seems to have found interim support below the 0.74 figure but the dominant trajectory still favors weakness against its US namesake. The trend is defined by a series of lower highs and lows set from double top resistance established…
- Friday, 22 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 22 June
This week, the EUR/USD pair fell from the level of 1.1734 to bottom at 1.1543. It rebounded from the bottom to close at the price of 1.1642. The EUR/USD pair has faced strong support at the level of 1.1543. So,…
- Friday, 22 June 2018
- Daily Technical Analysis
BTC/USD Daily Forecast - 22 June
According to the H1 time – frame, I found a broken rising channel in the background, which is a sign that sellers are in control. The trend is bearish.
- Friday, 22 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 22 June
The Australian dollar has initially tried to rally during the session on Wednesday but found enough resistance above to turn around and fall towards the 0.7350 level. That’s an area that offered a significant amount of support as we ended…
- Thursday, 21 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 21 June
The British pound initially tried to rally during the day, and even broke above the 1.32 handle. However, we ran into far too much in the way of resistance, and the market turned around to form a shooting star shaped…
- Wednesday, 20 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 20 June
The EURUSD currency pair posted strong losses on the day as price action was seen drifting lower to the previous support formed at 1.1577. The break down below this level is expected to see either the currency pair posting further…- Popular
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