BalticForex

BalticForex Updated 

XAUUSD has two strong scenarios: Scenario A - Gold will continue to rise to the 2500 zone. Scenario B - The trend of gold will change to bearish and will fall to the 2146 zone. It means that we have a good risk:reward ratio for a sellers.

BalticForex Updated 

Political reasons are manipulating the USDHUF currency pair until there is a final agreement between Hungary and the European Union between support for Ukraine and while Hungary is delaying the approval of Sweden's accession to NATO. As soon as both political issues are resolved, and they certainly will be in the near future, the Hungarian forint will gain...

BalticForex

AUD/USD is moving sideways. Once a strong support is confirmed, then we will have a price retracement to 0.6644

BalticForex

1-Month High (161.858) is a strong resistance. EURJPY has lost its upside momentum, so consolidation is underway, at least to a more significant support at 158.070. Technical data is supported by signs of recovery in the Japanese yen.

BalticForex

The GBPJPY currency pair stays on the upside for 188.92 resistance. If the resistance won't be broken, the trend will change to downside.

BalticForex

The USDCAD pair has overbought conditions and Canadian dollar gains strength on strong crude oil prices, which indicates a potential downside move for USDCAD.

BalticForex

We have a strong resistance line at 98.641 (52-week high) and a good risk:reward ratio for sellers.

BalticForex

EUR/USD is moving sideways. Once a strong support is confirmed, then we will have a price retracement to 1.11400

BalticForex Updated 

The currency pair of EUR/NZD is currently trading in a downtrend. It continuously has been forming lower highs and lower lows.

BalticForex Updated 

Waterfall (and winter) is coming. GBP/JPY is capable to develop strong downtrend that exceed thousands of pips. The resistance line at 186.767 is the last strong resistance in the way.

BalticForex

Oscillators on the daily chart indicate impending overbought. It suggests for the Gold price to go downside. If the price will break 1988-1985 region, it could go for a deeper downside to 1953.

BalticForex

USD/CHF has no strong resistance in the range between 0.8816 and 0.9111. It continues to lose downside moment. Good USD news will keep this pair on track towards to 0.9111.

BalticForex

CAD/CHF has bounced from 52-Week Low at 0.6426. Downtrend is losing momentum and the trend is changing to uptrend.

BalticForex Updated 

The uptrend is losing momentum due to the potential weakening of the dollar. We have a strong resistance line at 151.908 (52-Week High).

BalticForex

We have a strong resistance line at 1.09453 (13-Week High) and no strong support until the 1.0448. It means that we have a good risk:reward ratio for a sellers.

BalticForex

We have a good risk:reward ratio for a sellers. The bullish trend of CHF/JPY is going to finish in next few days or weeks. Meanwhile it is possible to see a fake breakout at the strong resistance line of 168.418 (52-Week High).

BalticForex

The GBPJPY currency pair is balancing at a very important zone near 184.00. If this important resistance zone is broken, then we can expect 189.9 & 195.86. Otherwise, we will see a big drop down to 172.1 & 155.3.

BalticForex

The rally of EURNZD is over. This pair could settle at 1.7172 in the near term.