Technical Analysis

GBPUSD (1.3529): GBPUSD is seen posting a lower open today, but price action has quickly recovered to fill Friday's close. GBPUSD remains in a consolidation phase near the top end of the rally. The bu...
Technical Analysis

EURUSD (1.1928): EURUSD gapped lower on the open this morning, but theprice is currently looking to fill the gap from Friday's close. The resistance level at 1.1954 is currently the main level of inte...
Technical Analysis

Back at it for another week and markets have opened with some serious gaps all over the place. One notable gap that I wanted to high is on EUR/USD. ...
Technical Analysis

EUR/GBP is trading in the green and tries to stay above dynamic support despite the yesterday's breakdown. It has managed to erase the yesterday's losses and is struggling to stay much above the 0.877...
Technical Analysis

Price has decreased sharply and is almost to erase the yesterday's gains. It has failed to resume the upside movement and now is located under the 150% Fibonacci line (ascending dotted line). I've dra...
Technical Analysis

The currency pair has extended the upside momentum and seems determined to climb much higher on the short term. The next upside target will be at the second warning line (wl1) of the minor ascending p...
Technical Analysis

The British pound continues to push higher against the U.S dollar, ahead of a key speech by British Prime Minister Theresa May on the terms of Brexit deal with European Union in Florence, Italy. ...
Technical Analysis

The euro continues to push higher against the U.S dollar in Friday trading, with the EURUSD pair further supported by solid European economic data. The highlight of the eurozone's PMI'S came from the ...