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After achieving the upper limit of an ascending channel earlier this month, EUR/USD has been showing a retracement. Weekly indicator is close to a resistance which suggests ongoing rebound since December seems to be running out of steam and upside is likely to remain capped...
On the H4 chart, the price is moving inside a bearish channel. Breaking the trend line brings the expectation to have a rise. Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
EUR/USD: Neutral: Daily closing below 1.0990 would shift outlook to bearish. EUR edged below 1.0990 (low of 1.0987) but closed higher at 1.1015. As highlighted yesterday, only a daily closing below 1.0990 would indicate further EUR weakness towards the next support at 1.0850...
our Chart Analysis Dear all, Price has been coming down on the euraud 4 hour chart. We have been given a series of lower lows and lower highs. Now price is at the support zone of 1.51200 to 1.51800...
Decline of the British pound intensified when politicians started to express their opinions on the upcoming referendum. But the main pressure on the currency is likely to be put just before the vote. So how low can the pound drop? Find out experts' opinions at the Source Link...
USD remains the strongest currency fundamentally, and recent inflation data has only served to reinforce the Fed’s plan to tighten policy throughout the year...
In the 1H chart, the price is rebounding from the channel's upper line by a bearish divergence formation. It is currently broken below. It is expected to drop by the pair if it gains firm footing on the market...
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GBPUSD: The pair extended its weakness on Tuesday leaving risk of more weakness on the cards. This is coming on the back of a break of its key support at the 1.4079 level. On the downside, support lies at the 1.3900 level where a break will turn attention to the 1.3850 level...
US home sales preview - Nomura 24 Februari 2016 1:52 AM Analysts at Nomura offered a preview for the key US data release in the New home sales coming up in the US session...
AUD/JPY attmepting to stablise but bearish 24 Februari 2016 1:42 AM AUD/JPY is recovering from below the mid point of the 80.0 handle after a sell-off from the resistance of the 20 sma on thew hourly chart overnight at 81.42 highs...
Market sentiment softening again? - ANZ 24 Februari 2016 12:53 AM Analysts at ANZ explained that the market sentiment softened overnight following weakness in Asia, softer US data and oil prices declining as the political ping pong on supply caps continued...
EUR/USD: cautiously bearish - FXStreet 24 Februari 2016 1:11 AM Ani Salama, economist at FXStreet noted the technical conditions surrounding EUR/USD form overnight as a foundation for the day ahead. Key Quotes: "EUR/USD briefly fell below the 1.10 mark and posted its lowest level in 3 weeks at 1...
EURUSD Daily Forecast: February 24 24 Februari 2016 1:37 AM EURUSD Forecast The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias, made another lower high and low. The bias remains bearish in nearest term testing 1...
GBPUSD Daily Forecast: February 24 24 Februari 2016 1:34 AM GBPUSD Forecast The GBPUSD continued its bearish momentum yesterday, made a clear break below 1.4080 as you can see on my daily chart below and hit 1.3984 earlier today. The bias remains bearish in nearest term testing 1.3900 – 1...
USDJPY Daily Forecast: February 24 24 Februari 2016 1:29 AM USDJPY Forecast The USDJPY had a bearish momentum yesterday and hit 111.75 earlier today. The bias remains bearish in nearest term testing 111.65 before retesting 110.96. Immediate resistance is seen around 112.30...
USDCHF Daily Forecast: February 24 24 Februari 2016 1:24 AM USDCHF Forecast The USDCHF had a bearish momentum yesterday bottomed at 0.9895. The bias is bearish in nearest term testing 0.9820/00 region. Immediate resistance is seen around 0.9940...
Pivot Points_Daily Last Updated: Feb 24, 1:10 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10046 1.10102 1.10136 1.10158 1.10192 1.10214 1.1027 USD/JPY 111.909 111.993 112.035 112.077 112.119 112.161 112.245 GBP/USD 1.39875 1.40021 1.40116 1.40167 1.40262 1.40313 1.40459 USD/CHF 0.98945 0...
The results of a survey which questions 7,000 businesses in Germany about their view of the economy has shown a dip in mood, increasing pressure on the Central Bank to use necessary force...
