Technical Analysis

GBP/USD Despite the slow pace, the bias remains positive, for a test of 1.3050, en route to 1.3130 area. Crucial on the downside is 1.2960 low and an eventual break through the latter will signal a re...
Technical Analysis

USD/JPY The downtrend remains absolutely intact and a break through 110.30 support should challenge directly 109.30 dynamic projection. Minor intraday resistance lies at 111.50. ...
Technical Analysis

EUR/USD The recent peak at 1.1682 has initiated a minor pullback and the intraday bias is negative, for a test of 1.1617 and even 1.1580 area. Major hurdle lies at 1.1720. ...
Technical Analysis

USD/CHF bounced back from the 0.9440 long term support level, yesterday we had a false breakdown below this level, but only an accumulation could give birth to another leg higher. Moves within an exte...
Technical Analysis

The EUR/CHFfailed once again to take out a major dynamic resistance and now could go down on the Daily chart. Price dropped aggressively in the yesterday’s trading session, we had another false brea...
Technical Analysis

The currency pair has decreased since yesterday and could come down to test and retest the support levels before will climb much higher. Is trading much above the 129.50 psychological level and mainta...
Fundamental Analysis

On Friday, US equities were sold off, along with USD, with EURUSD reaching its highest level since January 2015. The markets were concerned to learn that there will be a further investigation into Pre...
Technical Analysis

The GBP/USD could be extending its correction via a WXY (purple). The Fibonacci levels of wave X vs W are therefore potential resistance spots for a bearish bounce. ...
Technical Analysis

The USD/JPY has moved below the 161.8% Fibonacci target which makes a 5 wave (orange) structure a more likely scenario. The USD/JPY is most likely extending the wave 5 (grey) with 5 internal waves (gr...