The XRP/USD bounced off the support level. The Ripple cryptocurrency might edge higher during the following trading sessions.
The EUR/JPY currency pair could aim for a support level at 120.60 area during the following trading sessions. Downtrend line holding. Good luck guys!
The GBPUSD currency pair is likely to make an upside move from the demand zone at 1.2817. The potential target will be at 1.2786. However, the US Non-Farm Payroll could influence the currency exchange rate today.
The EURUSD pair is gradually moving towards the 61.80% Fibonacci retracement level. If the support level holds, the currency pair will continue its upside movement during the following trading sessions.
The Bitcoin cryptocurrency bounced off 50.00% Fibonacci retracement level. The BTC/USD could aim for the $14000 mark during the following trading sessions.
The US Dollar versus the Canadian Dollar is set for a long-term decline.
The US Dollar Versus the Japanese Yen bounced off support at 107.41. The currency pair is likely to aim for resistance level at 109.10. However, the 108.47 area might provide a significant resistance for the exchange rate. If the currency exchange rate breaks the two barriers, bullish traders might extend their profit towards 109.75. Good luck guys!
The GBPUSD pair is likely to make an upside reversal from the Demand Zone at 1.2550 area. Potential target at 1.2786. Long-term target at 1.2961. Good luck guys!
The EUR/USD currency pair will aim for the 1.1394 area during the following trading sessions. Main support level at 1.1194 First stage of taking profit 1.1400 psychological resistance level. Entry at 1.1270. Good luck guys!
The EUR/JPY currency pair is likely to continue its upside swing. Wait for a breakout and confirmation. support level at 120.80 Target at 123.53 region. Buy after breakout and a confirmation. Good luck everyone!
The GBP/JPY currency pair is currently located at the Demand Zone. Take Profit 1 at the 138.64 region. Take Profit 2 at 141.10 region. Note: UK's Conservative Party leadership elections might play an influential role in the overall positioning of the currency exchange rate during the coming weeks.
Bears are putting their last line of defence at the resistance level at 0.8845. If the resistance level holds, a decline will occur in the short-term. Meanwhile, the EUR/GBP currency pair is trading in a narrow ascending channel and expects a breakout. Good luck guys!
The Bitcoin cryptocurrency is currently moving towards a support level at 7250.4. If the support level holds, the next target for bulls will be at the $9000 area. However, if the BTCUSD breaks the $7250 mark, bears are likely to aim for the $6500. Idea zones to buy BTC First entry at $7250. Second entry at $6500.
Gold vs US Dollar broke a significant support level at 1282.69 Wait for a pullback and Short the pair. TP 1 at 1266.13 TP 2 at 1248.00 Good luck everyone!
The US Dollar is set to make about 200 base points downside movement. Strong Resistance at 1.3517 Wait for the 200-hour MA to break and pullback. Potential target at 1.3263.
Crude oil has bounced off the resistance of a 78.60% Fibonacci retracement level near 66.35. This event hes resulted in a decline down to the combined support of the 55 and 200-day simple moving averages at 60.00. These support levels are expected to push the commodity price once more into the 66.35 level. On the other hand, the SMAs could be broken. In that...
The Bitcoin cryptocurrency has appreciated about 23.74% in value against the US Dollar. The currency pair tested the $6400 mark during the Asian trading session on Friday. Most likely, the BTC/USD exchange rate will continue its bullish momentum during the following trading sessions. The blockchain could aim for the $7000 mark during next week's...
Short video on how we see the movement. Wait for the GBPUSD to break the support level and a confirmation. Potential 450 base points downside movement. However, be very careful with the BREXIT event.