EUR/USD bounced off the support at 1.0725 and is currently testing
the resistance at 1.0750. A breakout above that resistance will likely
lead to a further move to the upside towards 1.0770 again.
Pound's upward trend has suffered shortly, Gbp/Usd is consolidating after UK Government lost Supreme Court case over Article 50. Next resistance level can be found around 1.2550, break above upward trend might extend further.
GBP/USD finally broke above the (MA)89 indicator on the daily
time-frame despite the hanging man candlestick it had formed below it on
the same time-frame. The move to the upside continues, next target is
likely 1.2600 - 1.2620.
GBP/USD finally found some resistance at 1.2673 and bounced off that
level. For now it's retracing and its closest target is likely at
1.2530, which is the (MA)89 indicator on the one-hour time-frame.
EUR/USD formed a double bottom at the support at 1.0656 and bounced off that level. Currently it's testing the resistance at 1.0725 and if it breaks out above it the pair will likely continue climbing towards 1.0770 again.
Greetings, EUR/USD - During the next hours, perhaps nothing will happened. Most likely this scenario will continue next week ... unless any surprises during the weekend!
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Greetings,
EUR/USD - During the next hours, perhaps nothing will happened. Most likely this scenario will continue next week ... unless any surprises during the weekend!
The Euro went a bit down on Friday, i hope this is confirmation of the downtrend.