Currencies EUR/USD – breached the 1.15 level for the first time since August 2015 and continued to move higher. We are currently trading close to the trend line which has proven over time to be important. USD/JPY – appears to have only one direction and that is down, although we are nearing the first support…Read More
Currencies EUR/USD – with the continued weakening of the USD we are currently trading above the just breached resistance around the 1.1455 level and are currently trading at the highest level since October 2014. We can assume that the ECB is not really happy with the stronger EUR as it is likely to hurt exports.…Read More
EUR/USD: The pair is trading above its upward trend line on a 4 hour time frame. The next support is near the 1.1058 level and the resistance is at 1.1581.
USD/JPY: The pair has pierced the lower band of the Bollinger band on a 4 hour time frame. The near term support is at 106.17 and the resistance is at 113.73.
GBP/USD: The pair is trading above its 50 (1.4456) and 100 (1.4315) day moving average on a 4 hour time frame. The next resistance is at 1.4844 and the support is 1.4121.
EUR/USD: The pair is trading above its 50 day moving average (1.1296) on a 4 hour time frame. The next support is near the 1.1058 level and the resistance is at 1.1427.
USD/JPY: The pair is trading in support zone of 109.15 -108.72 on a 4 hour time frame. The near term support is at 107.64 and the resistance is at 112.74.
GBP/USD: The pair is trading above its 50 (1.4416) and 100 (1.4290) day moving averages on a 4 hour time frame. The next resistance is at 1.4845 and the support is 1.4220.Read More
Currencies EUR/USD – continues to climb as the bad data out of the US gave it move power to move higher, and is likely to test the resistance around the 1.1375 level and possibly even beyond, around the 1.1455 level, if the FOMC statement will be dovish. USD/JPY – tested the support around the 111…Read More
Currencies EUR/USD – continues to move higher as the USD is weakening. The nearest support can be found around the 1.12 level and the resistance around the 1.1375 level and at the moment it is trading more or less in between these 2 levels. USD/JPY – is currently trading just below the support level around…Read More