USD/CHF pair slips lower, as yesterday reached 0.9251, the lowest level in one month.
USD/JPY currency pair gradually swings lower in a H1 timeframe Bollinger bands range and permanently makes new lows, what indicates about an upside momentum weakening.
GBP/USD pair experienced a calm Monday trading session, what was a consolidation after the last week's huge gains.
EUR/USD pair maintains its uptrend's momentum and rapidly steps higher, as during Asia trading hours, the price breached a previous high and peaked a new one at 1.3007.
For tried trading session pair tried to step up higher but did not manage to breach 0.825 and at the moment is supported only bu monthly pivot (PP0 at 0.8218. Technical indicators suggest that this dip should persist some time more, but it should take some time for the pair to breach a cluster of support levels at 0.82. A
Pair prepares for another attempt to breach the parity. Such event is rather plausible as market sentiment is moderately bullish and technicals give rather strong indication of a rally. However, it is fairly likely that pair wont manage to advance above parity condition once again.
Pair has started the week fairly neutrally staying in 25 pip range and closing pretty much in opening prices. It seems that 1.047 once again will be unreachable level for the pair, but it is still unclear if 1.042 or 1.040 will be the main support areas.
After posing for continuation of the last weeks rally pair dipped as it did nor manage to breach 107 JPY mark. Taking in to account recent developments, current market sentiment and readings of the stochastic indicator on 1D horizon it was rather evident that pair rocketed in to oversold area and we are likely to see a correction towards 106
The interim uptrend has failed to prevail, as today the XAU/USD exchange rate experienced a slight movement downwards, and at the particular moment the exchange rate is slowly approaching the 55-day SMA at 1737, which is very likely to stop the current bearish tendency, however, if it fails to slow down the downtrend, then the price might reach the 20-day
Today GBP/JPY experienced a significant bearish reaction, which has already broken the weekly R1, and at the particular moment the currency pair is about to test the weekly PP at 131.19, which will probably bring some bullish impulse, but if it is breached, then the currency couple is likely to reach the weekly S1 at 130.05, which in turn might
The uptrend has failed to continue, as today the EUR/CAD currency pair experienced a slight bearish reaction, and now the currency couple is slowly moving towards the monthly PP at 1.2854, which might bring some bullish impulse, however, if it fails to stop the downtrend, then the price will probably decline until the 55-day SMA at 1.2777, which in turn
The interim bullish trend, which started a couple of days ago, has successfully managed to continue, and at the particular moment the currency couple is gradually approaching the 55-day SMA at 1.2469, which is likely to slow down the rally, however, if it is broken, then the price might reach the upper Bollinger band at 1.2511, which in turn is
USD/CHF pair's depreciation increases its pace, as the price has sharply slipped in Friday's trading session.
In the last few trading session, USD/JPY pair is traded in a very narrow range, as the price consolidates after an extremely quick appreciation during the previous week.
GBP/USD pair experienced a very volatile trading session on Friday, as the price surged almost 100 pips during U.S. trading hours and peak a new two-month high at 1.6050 level.
Last Friday was very a volatile trading session in EUR/USD pair, as the price increased till 1.2989 level and that was the highest point in almost two months.
The movement downwards, which started yesterday, has failed to continue, as today the XAU/USD exchange rate experienced a significant movement upwards. As for now the price confronts the weekly R2 at 1753, which might slow down the rally, however, if it is broken, then the exchange rate will probably reach the upper Bollinger band at 1761, which in turn is
The bearish reaction, which occurred yesterday, has failed to continue, as today GBP/JPY experienced a bullish correction, and at the particular moment the currency pair is about to test the upper Bollinger band at 132.62, which is expected to change the direction of the current tendency, however, if it is broken, the the price might advance until the weekly R3
The interim uptrend, which started less than a week ago, has successfully managed to continue, as today the EUR/CAD currency pair experienced another consequent movement upwards, which has already managed to overcome the weekly R1 at 1.2854, and now the price is gradually heading towards the upper Bollinger band at 1.2896, which is very likely to stop the rally. In
Today the EUR/AUD currency couple experienced a slight bearish reaction, and at the particular moment the currency pair is facing the 200-day SMA at 1.2392, which is expected to stop the downtrend and bring back the bullish tendency, however, if it fails to slow down the movement downwards, then the price is very likely to reach the 20-day SMA, which
Pair manage to advance 40 pips already since the started of the trading session, but has been stopped at 0.82. It seems this is just a temporary setback pair is likely to step up some more before we will see a bearish correction predicted by technical indicators on daily chart.
After promising session yesterday pair did not manage to breach 20-bar SMA and was pushed down to 0.9961. It is rather unlikely pair will drop much further, but it is reasonable to await it testing 0.9920 anytime soon. If pair manages to drop below this level, 0.9900 should stop this dip and push pair back up.
Pair managed to advance more than 60 pips after receiving a bullish impetus from 55 and 100-day SMA. it seems pair is building up momentum and we are likely to see it testing the boundaries of Bollinger band in the near future.
After mildly negative day yesterday pair picked up pace up again and it testing the limits of Bollinger band at 106.6. Although we are seeing aggregate neutral reading from technical indicators, Stochastic indicator suggests we should see a bearish correction in the near future.