[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is trying to recover some bearish movement. It is going up by making higher highs and higher lows and also finds a short-term support at 1.2620 levels. Now the more bullish movement is expected. But before further bullish, it can run a short-term bearish corrective movement. Then the target … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] EURUSD Technical Overview It shows that EURUSD is in a strong bearish bias. It has broken some important support areas at 1.2750, 1.2650 and makes a new low. Now the more bearish movement is expected to target 1.2400-20 followed by 1.2330. Before the further bearish movement, some recovery bullish movement is also expected … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is in bearish movement and reach at a support level at 1.3125. It has broker previous strong support level around 1.3300-1.3330. Now a recovery bullish movement is expected targeted 1.3220 and next 1.3290. But a break and close below 1.3050 on daily chart can make this scenario invalid. … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that GBPUSD is in strong uptrend. Last week it has broken successfully the resistance area around 1.700 and back to test it. Further bullish movement is expected to make a new high with the target 1.7100. But a break and close below at 1.6970 on daily chart can make this scenario … Read more
It shows that EURUSD is in a bearish mood. Last week it breaks a rising trendline. More falling is expected now. Before further bearish movement, a small pullback is expected now then the target of bearish movement can be 1.3700.
[vc_row color_scheme=”alternate”][vc_column width=”1/1″][us_post_title tag=”h1″ align=”center”][/vc_column][/vc_row][vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] AUDUSD at Critical Confluence: A Bearish Movement Expected The AUDUSD currency pair is currently at a strong confluence zone near 0.9090. This level is significant due to in that price two trendline resistances. The Fibonacci 38.2% retracement level, acts as horizontal resistance. The last daily candle has formed … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] EURUSD USD Technical Outlook: Strong Support Area Analysis The EURUSD pair is currently approaching a critical support area between 1.3830 and 1.3890, a region that has twice previously repelled downward movements. This historical behavior suggests that we may once again witness a bearish reversal from this zone. However, it is essential to … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that GBPUSD is in bullish retrenchment from support at 1.6250 after a long bearish movement. In daily chart it has formed a series of rejection candle before a strong bullish candle indicating more bullishness. Now a bullish movement is expected target near 61.8% Fibonacci area at 1.6500. In this area we … Read more
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is in bullish retraccement from 1.3780 after a long bearish movement. The target can be 38% fibo retracement near 1.3570 followed by 1.3630 where fibo 61.8% retracement. But a break of recent low will make this scenario invalid. [/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row]
[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]It shows that EURUSD is in bearish mode from 1.3810, falling by maintaining a trendline, Last Friday it has broken a support at 1.3550. More falling is expected now, but before further falling, it may retest the broken support & the trendline, and then we can expect it to fall with the target … Read more
