FreshForex_company

FreshForex_company

Technical observation Yesterday USD rallied down but closed just below the zone 109.88-109.64 it is now retracing to the zone and I expect a rejection within it to sell USD with my take profit at 107.34 and stop loss at 110.72, in case you sold this pair yesterday within 109.88-109.64 you can still hold on to that positions since we expect more bearish momentum...

FreshForex_company

Trade recommendation On the weekly chart above price is rallying around a support level marked at 107.79, my expectation is a decline below the level followed by a correction to it confirming possible bearish price rally towards 100.17. You can remain flat and wait for the breakout below the key level and a pull back to it to sell this pair with your take profit...

FreshForex_company

Technical observation EUR corrected itself to the lower side but was contained within the zone 1.1509-1.1476, price is now rising and I expect bullish momentum towards 1.1840 and a possible breakout above it. You can buy this pair now around the zone with your take profit at 1.1840 and stop loss at 1.1340, in case of a clear penetration above 1.1840 then more...

FreshForex_company

Technical observation Yesterday, a breakout was seen when price went up above a resistance zone 1.1509-1.1476, this pair is still rising and my expectation is a correction to the just broken zone followed by a bounce within for possible bullish price rally towards 1.1840 and a breakout above it for a further rise in price towards 1.2164.Remain flat and wait...

FreshForex_company

Technical observation Yesterday, EUR went down but not for long, though I still expect more bearish momentum towards the support level marked at 1.1214, price can still penetrate above the resistance zone 1.1503-1.1475 and in that case you should wait for a correction to the just broken zone then long this pair on the second retracement to it just to ensure the...

FreshForex_company

Technical observation EUR established a key resistance zone at 1.1509-1.1476, for several days now, this pair has been retracing to the mentioned zone but has not been able to penetrate above it, and as long as it is contained below this zone only short positions may be recommended. From 3rd of this month price has been rising towards 1.1509-1.1476 and yesterday...

FreshForex_company

Technical observation After a slight decline to the lower side last week, EUR is now rallying on an increasing bullish momentum towards the resistance zone 1.1555-1.1474 and my expectation is a bounce within it for possible bearish momentum towards the weekly support level marked at 1.0593. I’m looking to sell this pair after a close within 1.1555-1.1474 with my...

FreshForex_company

Technical observation On the 4 hour chart above price is rallying around a key resistance zone 1.2706-1.2665,my expectation is rise to it followed by a bounce within or around it for possible bearish price rally towards 1.2476 or down to the level 1.2425.You can wait for the rise to the above mentioned zone and a bounce within it to pick short position with your...

FreshForex_company

Technical observation Just like EUR, this pair was rejected within a resistance zone 1.2752-1.2696 after failing to break above it, it then went down yesterday and is still declining towards a support 1.2113, my expectation is a rally to the support followed by either a rejection at it for a correction to 1.2752-1.2696, or a clear breakout below it with a big...

FreshForex_company

Technical observation Despite the correction to the upper side EUR is still below the resistance zone 1.1466-1.1420 and as long as it is contained below it only bearish momentum can be anticipated towards 1.0782.Price is currently rallying within the above mentioned zone and my expectation is a bounce within it for possible downwards movement next week. Right now...

FreshForex_company

Technical observation The general trend for the pair on the daily chart above is downwards, price is rallying around a resistance level 1.1454 and my expectation is a rejection of it at the line for possible bearish rally towards 1.1214 and a possible breach below it for a further decline. You can wait for a close at 1.1454 to sell this pair with your take...