Hello traders, On a daily basis, EURUSD ready for a reversal from the current trend. Regardlessly, a reversal from 1.13062 attempted to equalise the last month drop, but the break off failure geared the price range in the downtrend. In spite of the reversal failure the price range likely has a possibility for throwback action from the current trend. Meanwhile,...
Hi traders, NZDCHF buyers, chances of the pair's pullback to immediate supports seem brighter. In that case, the 0.6540 and the 0.6490 might play their roles of adjacent rests prior to highlighting the 50.6445 and the nearby support-line at 0.6425. If at all the quote witnesses increased selling pressure past-0.6425, the 0.6370 and the 0.6310 are likely important...
Hello traders, In a day time-scale, the EURJPY attempting a pullback action after the support line breakthrough. The 130.0 will be the checkbox for the price range in order to justify the pullback action. In case the pair rises past-130.85 on a daily closing basis, the 131.40 & 132.00 are likely following numbers to appear on the chart. However, a downward...
Hello traders, CADJPY gathering the sellers' attention, the one-month-old ascending trend break off failed to hold the price range in an uptrend. In a 4hr time scale, CADJPY extends its recovery pullback from the 88.707 towards the 86.900 & the 86.600 this action could easily break the one-week-old low mark. The 86.600 passthrough will decline the price range to...
Hello buddies, Two weeks old descending trend made the price range to move in a resistance-support consolidation. In a 1hr time-frame, EURUSD keeping the price range in the downtrend at the same time, the pair has a chance for the further declines. In case the declines continue, the 1.14600 and 1.14300 are the next support zones for the price range. On the...
Hello traders, AUDNZD progresses with the seven weeks old descending trend, forming a symmetrical triangle which limits the pair's further advances. Moreover, the price range likely to revisit reset points 1.09300 and the 1.09000. A successful passthrough after the reset points may aim for the triangle support around 1.08750. The support break-off may try to...
Hello traders, Descending trend limits the NZDCHF quick upside move @ 0.6525. Meantime, it isn't the only barrier to restrict the movement. The 0.6575 also has the power to disappoint the bull. On a daily basis, a successful surpass through the 0.6575 could highlight the 0.66100 & 0.66500 in order to target the 0.66800. On the Contrary, In spite of the...