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GBP/USD is currently trading at 1.3457, having hit a 19-month high of 1.3515 in early Asia due to the UK election exit polls predicting a big win for the incumbent Prime Minister Boris Johnson. The pair's 14-day relative strength index (RSI) is now hovering at 80.47, the highest level since January 2018. An above 70-reading indicates overbought conditions.

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GBP/USD is currently trading at 1.3457, having hit a 19-month high of 1.3515 in early Asia due to the UK election exit polls predicting a big win for the incumbent Prime Minister Boris Johnson. The pair's 14-day relative strength index (RSI) is now hovering at 80.47, the highest level since January 2018. An above 70-reading indicates overbought conditions.

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On Friday, The Bitcoin price is trading in minor positive territory, up some 0.35% in the second half of the session. BTC/USD price action broke out and closed below a bearish flag via the daily chart view. The next major daily support is eyed at psychological $7000 down to $6800 range.

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Bitcoin price is trading in minor positive territory, up some 0.35% in the second half of the session. BTC/USD price action broke out and closed below a bearish flag via the daily chart view. The next major daily support is eyed at psychological $7000 down to $6800 range.

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EUR/USD's daily chart is reporting a bullish setup. The pair is on track to test key trendline resistance at 1.1153. The ECB President is expected to stress the need for fiscal stimulus.

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The GBP/USD reversed an early dip to the 1.3100 neighborhood or weekly lows. Overbought conditions on daily chart warrant some caution for bullish traders.

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Last week, the resistance I was looking at came from a weekly chart. More specifically, I was focused on the 100 and 200-week moving averages. The pair managed to close above both of them which shows underlying strength. This week, I have my eye on the 50-month moving average. The exchange rate has not traded above it in five years. The indicator currently comes...

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EUR/USD turns modestly weak to 1.1090 after pulling back from the three-day top during early Wednesday. The quote now seems to decline towards more than a week-long rising trend line, at 1.1070, whereas 100-bar Simple Moving Average (SMA) near 1.1050/53 could restrict further weakness. In a case where prices keep trading south after 1.1050, 23.6% Fibonacci...

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BTCUSD price is in a sideways trend above the $7,400 and $7,440 support levels. On the upside, there are a few important resistances near $7,580 and $7,600. A successful break above $7,600 and a follow-through above $7,700 is likely to start a strong rally towards the $8,000 resistance zone .Meanwhile, the MACD line and the signal line are below the zero line...

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BTCUSD price is in a sideways trend above the $7,400 and $7,440 support levels. On the upside, there are a few important resistances near $7,580 and $7,600. A successful break above $7,600 and a follow-through above $7,700 is likely to start a strong rally towards the $8,000 resistance zone. Meanwhile, the MACD line and the signal line are below the zero line...

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The GBP/USD pair is neutral-to-bullish in the short-term, and according to the 4-hour chart, as a bullish 20 SMA continues to provide dynamic support, heading north above the larger ones. The Momentum indicator eased within positive levels, holding above its mid-line, while the RSI consolidates at around 70, reflecting the absence of follow-through rather than...

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A sustained move back above 38.2% Fibonacci level of the 1.0981-1.1116 recent positive move was seen as a key trigger for intraday bullish traders. Any subsequent move beyond the 1.1085 area (23.6% Fibo.) has the potential to lift the pair further beyond the 1.1100 handles, back towards testing last week's swing high – around the 1.1115 regions.

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The GBP/USD pair is bullish, trading not far from its May monthly high at 1.3176, a critical resistance level. In the daily chart, the pair is developing far above its moving averages, with the 20 DMA maintaining its bullish slope but the larger ones heading nowhere.

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Despite Friday's initial firmness, failure to re-test Wed's 4-week high of 1.1115 and intra-day selloff from 1.1109 (Europe) to as low as 1.1041 after robust U.S. jobs data suggests early upmove from Nov's 6-week bottom at 1.0982 has made a top there and consolidation with downside bias is seen for a strong retracement of said rise, near term oversold condition...

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The BTC/USD is also trading sideways with in the same trading level of 7720 - 7100, On the lower timeframe, the narrow trading range still remain 7465 to 7200. The 50 periods EMA is supporting the BTCUSD around 7300 today. Breakout will determine further bias for BTC/USD.

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Bitcoin price is trading in positive territory, up some 2.60% in the second half of the session. BTC/USD price action is heading for a big retest of a breached flag structure. There is a chunky barrier of resistance seen at $7500, in proximity to the lower of the noted flag.

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Immediate support is pegged near mid-1.1000s and is closely followed by the 1.1025 horizontal level, which if broken will reinforce the bearish outlook. Below the mentioned support, the pair might turn vulnerable to slide back below the key 1.10 psychological mark and aim towards testing the next support near the 1.0955-50 region ahead of the 1.0900 handle.

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GBP/USD remains solid on the outlook of next week's UK election where the Conservatives are maintaining a commanding lead. GBP/USD is currently trading at 1.3158 at the time of writing, having travelled from a lof of 1.3102 to a high of 1.3165.