Technical Articles

EUR/USD ready for 1.2000?

 
Posted on 14/08/2017

EUR/USD: 1.1909 has been the multi-year high, freshly printed by the pair, and now we might be heading toward higher pricing. 1.2000 looks promising for the pair over the next few weeks after the most recent daily Higher Low (1.1690) confirmed on the closure of the 9th August. In accordance with price action rules, there is potential for a Higher High to be formed soon, breaking the barrier of 1.1925 and going up toward 1.2000.

 

 

Previous Post: Further upside is on the cards and 1.1925 is our next weekly resistance target. 1.1690 (labelled) has been the minor area o...

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GBP/AUD daily reversal...

Posted on 18/08/2017

GBP/AUD: Unfortunately, the FIB region broke through, and the indecisive daily price action snapped into new lows, event....

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AUD/USD could we see further upside? ...

Posted on 21/08/2017

AUD/USD: In our previous analysis, we saw the price pop its head up into the region of 0.8050 before falling for a ....

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EUR/JPY sitting on monthly support...

Posted on 21/08/2017

EUR/JPY: The price remained firm at 130.000 causing this pair to fall back to a monthly key level of 128.000. This was a significa....

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GBP/JPY: 140.00 in sight....

Posted on 14/08/2017

GBP/JPY: Upon breaking 145.00, bearish momentum penetrated 144.00, then 142.50 (weekly support). The next stop from a technical pe....

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USD/CAD momentum continues...

Posted on 21/08/2017

USD/CAD: After falling 1370 PIPs from top to bottom in the most recent bearish movements on USD/CAD, the price has establishe....

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