EURCHF analysis looking very strong indeed, currently consolidating around the exact zone where we've seen a ridiculous amount of market reversals, due to the current levelling rejecting its 3 year low along with a nice bullish engulfing candle its showing to be a great sign for a buy
GBPUSD - The four-hour chart provides a favorable outlook for cable bulls. GBP/USD has surpassed the 200 Simple Moving Average, after topping the 50 and 100 SMAs. Momentum is to the upside while the Relative Strength Index is still below 70 – outside overbought conditions.
Resistance awaits at Thursday's high of 1.3070, which was also a swing high last week. It...
CHFJPY - Seeing some nice rejection towards its monthly support level where there has been multiple reversals, looks as though the pair is going to consolidate for the next couple of hours before making it reversal towards the 114.000 level
EURUSD analysis looking pretty sharp this morning! Can see the pair following a nice FIB channel aswell as reach new yearly lows along with multiple rejection within its previous reversal support line. Looking to go for a long swing on this one -
EURUSD analysis looking pretty sharp this morning! Can see the pair following a nice FIB channel aswell as reach new yearly lows along with multiple rejection within its previous reversal support line. Looking to go for a long swing on this one
USDJPY dropped after china announced new tariffs on $75 billion worth of US goods. The pair is continuing to follow its trend and once again rejecting its support level - Still some time until more USD news is released which is showing to be a huge strength pushing through for the dollar.
