Forex Technical analysis week: 17-21 July 2017
USDJPY Technical analysis July-19-2017 USDJPY is under selling pressure today and sellers now are in full control as the pair broke below the 50d MA and 100d MA and now it is targeting the 111.21 […]
GBPUSD Technical Analysis
GBPUSD Technical Analysis GBPUSD spiked higher early today breaking the 50h and 100h MA and hit the daily high at 1.2255, and now retracing back, breaking below the 1.22 level. This is a nice entry […]
GBPUSD is making a second break….
GBPUSD is making a second break at the daily high. The first move failed after the price move toward the next target at the 1.2543 level, fell short. As a result, the price rotated back […]
Two important interest rate decisions for forex traders
Two important interest rate decisions for forex traders Two important interest rate decisions for forex traders this week FOMC interest rate decision on Wednesday, December 14 at 2:00 PM ET/1900 GMT. It was a year […]
Forex Daily Technical Analysis
Forex Daily Technical Analysis GBPUSD looks like it breaks the triangle formation to the upside, supporting the bullish scenario for the pair. The price is trading above the 100H MA enhancing the positive momentum. USDJPY is […]
Technical Analysis GBPUSD 9-8
Technical Analysis GBPUSD 9-8 GBPUSD made a break of the 100 hour MA to the downside and is moving away. The next target comes below 1.33 at 1.3296 which is the 38.2% of the move […]
GBPUSD higher after ISM non-manufacturing PMI. Technical analysis
GBPUSD Technical analysis The pair has moved above the July high at 1.3371 and keeps trading higher. Weaker data out of the US, ISM non-manufacturing PMI down to 51.4 in August, lowest in 6 years, is […]
Technical Analysis of GBPUSD
Technical Analysis of GBPUSD The pair has fell to strong support area near a cluster of support defined by the 100 bar MA on the 4-hour chart, the 200 hour MA and the 100 hour […]
GBP/USD technical analysis
GBP/USD technical analysis GBP/USD trading in positive territory all day, it made three attempts to break above 1.34 but with no success. The forex pair seems to run out of power at that level. I […]
How to trade GBP/USD
How to trade GBP/USD Enough is enough and the fundamentals can’t change! Every single time since April, a break above the blue trend-line is followed by a break back below it. GBP/USD opened higher in […]
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