URUSD broke through 1.1260 support after strong decline yesterday with a daily close outside of the range, so we assume that corrective blue wave (4) is now finally complete. If that was the case then it was a triangle placed in wave (4) so…Continue
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Gold prices lowered against the US dollar last night, placed low 1203.46 after placing high 1219.90. Strong bullish sentiments are founded above the price level 1205 and strong indication we can see in daily graph. The daily pivot level is…
Finally , the EURUSD broke out of sideways range yesterday , topped at the 1.1379 levels and bottomed at the 1.1182 levels . This development leaves the pair targeting the 1.1087 levels , a halt is likely but a cut would open 1.0965 next ,…Continue
Despite rejection from 1.5539 levels , outlook in GBPUSD remains on the upside , resistance comes at the 1.5539 levels , sustained breakout – daily closing – above this level will target 1.5619 levels , a halt is likely , but a clear break will…Continue
EURUSD: Declines On Sell Off
EURUSD: With EUR triggering a strong sell-off on Thursday, further downside pressure is envisaged. Support is seen at 1.1100 level with a cut through here opening the door for more downside towards the 1.1050…Continue
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