USDJPY – Down Technical observation Recently, the pair USDJPY broke down below a key support line 108.55.Currentl, the price is still on an bearish move towards 105.78 and I expect a possible correction of price to the just broken line and a possible…
Author: forex fresh ehg
GBPUSD – Flat Technical observation The pair on the daily chart above recently broke down below a support zone (1.4072-1.4023) with a big red candle, The pair was then corrected to the zone with a bullish pin bar tail then price went down, right now …
EURUSD – Up Technical observation On the daily chair above,EURUSD broke down below a support zone(1.2393-1.2368),a bullish pin bar was then seen within the zone after the breakout then price went down, right now price is being corrected to the zone a…
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GBPUSD – Flat Wave Analysis: Just as in the euro, the cable pulled back upwards, but is still bearish on the daily and the lesser time frames. Today, and in the next few days, we expect this corrective three wave cycle to extend downwards but should no…
EURUSD – Up Wave Analysis: During the previous trading day, Euro pulled back upwards, and is still pretty much bullish both on the daily and the weekly charts. We expect the level 1.2206 to have marked the end of the corrective wave (4) that the curren…
USDJPY – Down Technical observation On the daily chart above,USDJPY has been trading on an upward trend,recently,price retraced to a resistance zone (110.46-110.15) but got rejected and is currently rallying towards a key line 109.79.I expect a possi…
GBPUSD – Flat Technical observation Price broke down below a support zone (1.4069-1.4023) on 5th of this month, it then went down before correcting to the broken zone with a pin bar tail then continued down up to a key line 1.3792.Currently price is …
EURUSD – Up Technical observation A clear breakout was seen on the daily chart above on 7th of this month this year when price went down below a support zone (1.2379-1.2334) with a big red candle, it then rallied below the zone and is currently retr…
Forecast for the week February 12th through February 16th: BTC:This week we are observing negative signals. The first reason for exchange rates drop is risk assets sales all over the world. Investors sell shares and other high profit assets, which is n…