Relevance up to 14:00 2021-01-28 UTC+3 Overview : The trend of the GBP/USD into the close is likely to be determined by trader reaction to the pivot point at 1.3605 (horizontal red…
Tag: Fibonacci retracement
Forex Analysis & Reviews: 25.01.2021
Relevance up to 13:00 2021-01-28 UTC+3 Overview : Australian Dollar – US Dollar Pivot : 0.7733. The AUD/USD pair broke resistance at 0.7695 which turned into strong support yesterday. This level coincides…
Forex Analysis & Reviews: 19.01.2021
Relevance up to 00:00 UTC+3 EURUSD yesterday reached our target at the key 38% Fibonacci retracement and formed a hammer candlestick pattern followed by a bullish candle today. This combination implies more…
Forex Analysis & Reviews: 18.01.2021
Relevance up to 19:00 2021-01-19 UTC+3 EURUSD has reached our 38% Fibonacci retracement level target. We were bearish some time now after showing the bearish break out of the bullish channel and…
Forex Analysis & Reviews: 15.01.2021
Overview : Our view on Sterling is a bullish market in coming days as long as the trend is still moving above the region of 1.3490 – 1.3500. The GBP/USD pair rose…
Forex Analysis & Reviews: 12.01.2021
Relevance up to 17:00 UTC+3 GBP/USD trades close to 1.3600 after BOE’s Bailey downplayed negative rate expectations by calling it a controversial issue. The cable also remains buoyed by an increase in…
Forex Analysis & Reviews: 11.12.2020
Overview : The EUR/USD pair continues to move in our previous forecast. Right now, the price is in a global uptrend – a channel. It hit its after a push to rise…