The British pound trades back towards the 1.3100 level against the US Dollar, after traders sold the GBPUSD pair from the 1.3150 level on Monday. GBPUSD is likely to remain under selling pressure while trading below the 1.3177 level, as it marks a pivotal technical area bulls must break. Sellers will once again attempt to target sustained losses below the...
The British pound continues to trade on the back-foot against the US dollar on Monday, with price currently trapped around the 1.3100 level. The British pound has also received more bearish Brexit news this morning, with the European Court of Justice being given the final say in a number of important Brexit issues. Sellers will try to target a sustained break...
The euro has opened the new trading-week around the key 1.1650 level against the US dollar, as traders await a breakout move in the greenback. Central bank action this week should provide the much needed directional catalyst for the EURUSD pair. Sellers will continue to target a strong break below the 1.1600 level, while buyers will try to move price above the...
Ethereum continues to trade to the downside in early-week trading, with the ETHUSD pair trapped between the $458 to $440 price range. Over the coming trading sessions, we may see a strong directional breakout occur if traders clear the current narrow-ranges. Sellers will look to push price below the $440 support level, while buyers will aim to move price above the...
there was breakout upward from triangle pattern in last briefing but it still move sideways. Let's start the analysis for BTC/USD chart. If you are busy, you can just read below briefly '1. Briefing ' '5. Summary and Strategy' before read, click '+Thumb up, +Follow' :-) 1. Briefing # Sideways Movement # Golden cross ( 20EMA and 100EMA ) on Daily Chart...
The euro has erased weekly gains against the US dollar, after ECB President Mario Draghi confirmed that the European Central Bank will leave eurozone rates unchanged until at least September 2019. The EURUSD pair is likely to weaken even further if price continues to trade below the key 1.1650 support level. Sellers will likely target a strong break below the...
The British pound has fallen sharply lower against the US dollar, after Chief EU Negotiator Michel Barnier rejected a key part of the United Kingdom’s Brexit trade proposal. The GBPUSD pair is now testing key support and is likely to weaken even further if price falls below the 1.3101 level. Sellers will try to target the 1.3000 support level, while buyers will...
The price hitted the superior tendency line and the SMA togheter, so i expect a strong bounce on it (probably to the lowest tendency line).
The British pound has continued to make progress higher against the greenback on Thursday, following a broad-based selloff in the U.S. Dollar Index. Sterling retains a strong intraday bullish bias while trading above the 1.3177 technical level. Buyers will look for further upside towards the 1.3245 and 1.3300 levels, while sellers will look to push price back...
The euro currency trades higher against the US dollar on Thursday, following a positive outcome from US President Donald Trump’s meeting with EU trade negotiator Jean-Claude-Juncker. The EURUSD pair now trades with a bullish intraday bias while price continues to hold above the 1.1724 technical level. Buyers will now attempt to move the EURUSD pair towards the...
Bitcoin is starting to correct lower on Thursday, after finding strong technical resistance from just below the key $8,500 level. The BTC/USD pair has also reached overbought trading conditions on the MACD and RSI indicators, across the four-hour time frame. Sellers will now try to push price back below the $8,000 support level, while buyers will once again look...
Litecoin, the sixth largest cryptocurrency by market capitalisation has started to move away from the $88 level, after posting strong double-digit gains in early week trading. The LTC/USD pair only retains its recent bullish bias while price trades above the key $85 support level. Buyers will likely target the $92 resistance level, while sellers will look to test...
The British pound continues to press higher against the greenback on Wednesday, with short-term bulls retaining control of the GBPUSD pair. Further intraday upside now seems likely if buyers can sustain price above the key 1.3155 resistance level. The 1.3205 level remains a major target for sterling bulls, while sellers will look to take back short-term of the...
The euro has fallen back towards key weekly support against the US dollar as traders book profits ahead of a number of key risk-events for the single currency. EURUSD traders await Thursday’s ECB policy decision and US President Donald Trump’s scheduled meeting with European trade officials. Buyers now need to keep price above the 1.1724 resistance level, while...
Ethereum has fallen back towards the $440 support level in Tuesday trading, with the second most popular cryptocurrency looking increasingly weak. The ETHUSD pair was strongly rejected from the $460 level on Monday, as the early-week recovery faded. Sellers will now look to target the $395 support level, while buyers will aim to move price above the $460...
The British pound is starting to trade towards key weekly support against the US dollar on Tuesday, as the greenback starts to recover higher. The GBPUSD pair is currently hovering around the key 1.3100 support level, with price so far finding interim technical support from the 1.3080 level. Sellers will likely target further losses below the 1.3080 level, while...
The euro continues to reverse early-week gains against the US dollar, as trade war fears help to underpin strength in the greenback. The EURUSD pair is currently trading below the 1.1700 level and remains at risk of further losses if price slips below the 1.1681 level. The MACD indicator is also starting to turn lower across the four-hour time frame, while price...
The euro continues to reverse early-week gains against the US dollar, as trade war fears help to underpin strength in the greenback. The EURUSD pair is currently trading below the 1.1700 level and remains at risk of further losses if price slips below the 1.1681 level. The MACD indicator is also starting to turn lower across the four-hour time frame, while price...