- Wednesday, 27 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 28 June
GBP/USD is falling fast as it is about 10 pips away from the current 2018 low at 1.3102. A breakout below 1.3102 can lead to further losses towards 1.3027 October 6, 2017 swing low.
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- Wednesday, 27 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 28 June
Aussie fell in the course of the yesterday’s session going all the way to 0.7325 area by the end of the session where it found some amount of support and managed to rebound slightly to a daily closing around 0.7340 level. The pair could encounter the immediate support at 0.7340 (Jun. 21 low) ahead of 0.7300 (psychological level) and 0.7225 (Dec. 21, 2016, low).
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- Tuesday, 26 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 27 June
Euro fell in the course of the yesterday’s session going all the way to 1.1640 area around which it finished the session. Tomorrow, we would pay attention to US figures. Pair is likely to find support around 1.16 and 1.1580 area and resistance near 1.17 handle.
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- Tuesday, 26 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 27 June
The rally of the GBP/USD that started last Thursday after the Bank of England decision from 1.3100 was capped by the 20-day moving average slightly above 1.3300. On Tuesday, the pair pulled back and bottomed during the American session at 1.3190. Near the end of the session, it was hovering around 1.3230, down 40 pips for the day but far from the lows, with short-term charts looking bearish. So far, the correction has been limited by the 1.3200 handle.
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