Hello traders, Finally, EURUSD attempted to break the two-months-old resistance barrier and conferred a positive sign for Uptrend. At 1.18162, the market pushed price range in order to crack resistance barrier. Currently, the market marking its presence @ 1.17449. In a 4hr time frame, the price range has a chance to print a Throwback setup from the current...
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, On a daily basis, USDCHF struggles to recover. The extent recovery action 0.97800 failed to possess the horizontal region, still stands to challenge the buyers. At the same time, the pair has a valid chance for pullback action to target the 0.98650, quotes beyond the 0.98650 would publish continues high resistances @0.99200, 0.99800. On the contrary,...
Hello traders, An impulse from 1.32746 setting the pair's price range in the downtrend. GBPUSD on a 4hr time-frame, the price having a brighter chance to continue with the current trend. This action could be an extra advantage for the price range fall. Fundamentally, the UK PM may press release on last Friday keeping the numbers in falling mode this could be...