Precious metal couldn't break Fibonacci retracements. Currently price movement aiming 1480 dip. After the breaking of triangle 1470 support will be on our radar.
Silver touche upper band again started to lose momentum behind it. As long as we stay below the previous top at 17.60 we can expect another impulsive movement towards 17.00 bottom.
Parity continues to rise inside of the rising channel formation. But we are getting closer to the previous high at 1.1100. That level will be important for the next impulsive reaction. If we break rising channel 1.0990 and 1.0930 supports will be carefully watched.
Parity starts to fall after the second touch of the upper band. As long as we stay below the 0.7540 resistance price might continue to the downside. 0.7480 and 0.7450 supports will be important for our main scenario.
The Swiss Franc's gains against the Japanese yen now continue towards 109.25 at the 61.8 pct Fibonacci retracement. If the pair persists above there, watch 109.60 for resistance.
The recent rally that pushed up the pair price has arrived at the 38.2 Fibonacci well above the falling channel. If the price persists there we might see a rise towards 120.70 and later 121.30 near the 50 pct Fibo. In the event of a fall, 119.50 should be followed.
The pound found strong incentive to shoot up after EU and UK officials signalled a potential imminent Brexit deal. With the pair rising, we should watch 1.2800 level. Still above, keep an eye on 1.2850 that roughly corresponds with the 68.1 Fibonacci retracement.
Silver reached an upper band of a current falling channel. 17.70 top will be important. We can expect drastically downside movement till 17.40 level.
The precious metal reached an important level. As long as we stay below the 1500 level price will aim the previous bottom in 1475.
The pound, having been rallying over hopes of a deal after the BoJo-Varadkar meeting, may see a corrective fall. In such an event, we will watch 1.9990 and later 1.9950 as support levels. Further below,1.9900 should be followed.
After the Pound rally price action reached the upper band of a falling channel. 1.2700 - 12740 area looks solid for now. As long as we stay below this area price might reach the previous bottom at 1.2200.
Parity broke the falling channel but we couldn't see a sharp upward movement towards to upside. 50 MA is trying to hold a price below 1.1050 resistance. 1.1000 and 1.0960 supports will be important as long as we stay below the 50 MA.
Parity reached previous tops at 1.3350 level. Price movement losing momentum behind of it. As long as we stay below the 1.3350 resistance 1.3250 and 1.3200 supports will be on our radar.
After huge impulsive movement on parity, we are having correction movement around 81.00 zone. 81.00 level also Fibonacci 61.8 retracement level. As long as we stay below that level price might reach the previous low at 80.00.
Parity reached the top of the active continuation formation. 72.60 - 72.70 area will be important resistance to follow. 72.00 and 71.50 supports might be tested in the case of free fall.
Silver reached upper band resistance we might expect retrace around this area. 17.50 and 17.20 supports will be important in the case of free fall.
Parity couldn't break small falling formation. The price movement might aim new lows around 0.7400.
The US dollar gained strength amid uncertainty over the outcome of this week's China trade talks. The pair is aiming for 0.9960 at the 38.2 Fibo retracement. If we stay above there, we will watch 0.9970.