April 20, 2018, 7:03 AM
Since the beginning of the week the EUR/USD chart has already bored us awfully as the currency pair moved in a very narrow range slightly above two very important support lines. When will we finally see the breakthrough and open position?
April 19, 2018, 7:00 AM
Yesterday, the U.S. currency extended gains against the basket of major currencies, which resulted in a breakout above the previously-broken lower border of the declining trend channel. But can we trust this improvement?
April 18, 2018, 6:58 AM
Up and down and turn around - in these six simple words we can sum up the last price action in EUR/USD. This small volatility, however, will not last forever. We found something interesting on the USD Index chart, which can bring a breakthrough in the coming day(s).
April 17, 2018, 8:20 AM
Although the greenback extended gains against the yen in the previous week, currency bulls didn’t manage to hold gained levels, which resulted in a reversal. How low could USD/JPY go in the coming days?
April 16, 2018, 7:43 AM
Although the greenback erased losses caused by the early April pullback in the previous week, USD/CHF stuck in consolidation. Why currency bulls have problems in this area and how will we be able to use it in our favor soon?
April 13, 2018, 9:45 AM
After several days inside the consolidation under important resistance, currency bulls finally pushed USD/JPY above the upper line of the formation. But is the road to the north really open?
April 12, 2018, 8:05 AM
On one hand, the nearest support withstood the selling pressure and the U.S. dollar rebounded yesterday’s session lows. On the other hand, it closes the day under the previously-broken resistance. Which way next for the USD Index?
April 11, 2018, 8:35 AM
Although the USD Index invalidated the earlier breakdown under the lower border of the declining trend channel and broke above the upper line of different formation, we didn’t notice a sharp upward move in the following days. This show of weakness brought dark clouds over the U.S. currency in recent days. Will rain fall from them and take the greenback to March lows?
April 10, 2018, 9:30 AM
Monday’s session was very good for the sellers. Although their opponents took USD/CAD higher, the previously-broken support/resistance line stopped them, triggering a sharp pullback and making currency bears more profitable. Is the worst already behind currency bulls?
April 9, 2018, 7:47 AM
Earlier today, currency bears invalidated the breakout above the first resistance line once again. What impact could this development have on their opponents?
April 6, 2018, 8:35 AM
Although currency bulls had some problems with the previously-broken lower border of the trend channel in recent days, they finally came back above this line, invalidating earlier breakdown. How positive effects can it bring in the coming days?
April 5, 2018, 2:29 AM
Although currency bulls thought that the worst is behind them, their opponents attacked, invalidating yesterday’s breakout above the first resistance earlier today. Will this show of weakness take the exchange rate to the recent lows once again?
April 4, 2018, 4:50 AM
Yesterday, the U.S. dollar moved sharply lower against its Canadian counterpart, which took the exchange rate to our next downside target. Thanks to the seller’s attack, we noticed a potential pro-bearish formation on the horizon, which can make positions even more profitable…
April 3, 2018, 5:27 AM
Earlier today, the euro moved higher against the greenback, which resulted in a comeback above the previously-broken resistance line. Is this a show of currency bulls’ strength or rather a pause before another bigger move to the downside?
March 29, 2018, 7:25 AM
After a sharp post-breakout increase on Monday, we saw even sharper decline during yesterday’s session. Thanks to the currency bears’ attack the euro moved lower against the greenback, which gave the sellers another ally. Will we see EUR/USD under 1.2200 in the coming week?
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