20 Jun 2013 @ 02:08
In yesterday’s session, EURUSD fell over 100 pips, invalidating the bullish outlooks that were proposed in previous articles for this pair. The EURUSD dropped to support at the level of 1.3274, after the United States, the Fed chairman, Ben Bernanke, gave a press conference where he spoke optimistically about the U.S. economy and therefore, the […]
18 Jun 2013 @ 06:35
The Aussie continues to forming important bearish patterns forming for further define the trend in the long term. The AUDUSD continues forming a lower high pattern in the daily chart above the support at the 0.9489 level. If the aussie manages to break this level, it is expected to fall to support at the 0.9385 […]
17 Jun 2013 @ 01:05
The GBPUSD continues to strengthen its bullish trend in the long term, but we must be aware of the significant levels of resistance that are in the way. GBPUSD is forming a lower high pattern ressistencia below the level of 1.5726. If the cable does break the resistance,would be expected to rise to the level […]
13 Jun 2013 @ 17:04
Japanese stocks weaken, as the yen begins to strengthen against the U.S. dollar. Last week, the Nikkei 225 index fell by more than 6.5% and this has allowed it to get into very bearish, so we could see further declines in the coming days. Because of this, the yen has started to strengthen against the […]
13 Jun 2013 @ 05:55
The loonie continued bearish patterns forming, which will allow the pair to further develop its current bearish trend. The USDCAD is forming a higher low pattern over the support at the level of 1.0177. if the USDCAD manages to break that level, would be expected to fall to the level of 1.0094, which is the […]
11 Jun 2013 @ 06:53
The GBPUSD continues forming a bullish pattern, to follow up and breaking resistance levels, along the way. We should not rule out possible bearish rebounds. The GBPUSD is trying to exceed the 200 day moving average, upward, to continue forming a lower high pattern and to break the resistance level at 1.5618. If the cable […]
10 Jun 2013 @ 04:08
The EURUSD is forming bullish patterns, allowing to this pair to continue its bullish trend of the moment. EURUSD remains above the 200 day moving average and is making consolidation movements. If the EURUSD managed to break the resistance at the 1.3243 level, it’s expected to rise to 1.3300 psychological level. On the other hand, […]
07 Jun 2013 @ 07:00
The EURUSD has a strong bullish trend and now, this pair will seek to break new resistances. EURUSD is forming a lower high pattern below the resistance level of 1.3309. If this pair manages to break this resistance, it is expected to rise to the level of 1.3363. The general outlook for this pair is […]
06 Jun 2013 @ 01:15
The USDCAD has not had significant movements that have achieved mainstream alter this pair, which is bullish. The USDCAD has been in a low range in this chart, forming a support level at 1.0290 and resistance at 1.0400 psychological level. If the loonie managed to break the resistance at 1.0400, it’s expected to rise to […]
04 Jun 2013 @ 06:51
In the yesterday session, the EURUSD was very bullish, approaching to the SMA 200 and strengthening its overall bullish trend. EURUSD is forming a lower high pattern, the resistance below the level of 1.3070. If the EURUSD manages to break this resistance, it is expected to rise to the level of 1.3130. Recall that near […]