A surge in price is expected. The recent plunge looks like a correction in Price.
The bulls are gradually building momentum. NASDAQ looks to surge price action.
The bears sneaking in as the bulls looks like they are beginning to lose steam. Level 1.069036 might see the start of a new beginning for the bears.
Sellers seem to be maintaining momentum to plunge price; The 1.040 level looks promising for injecting sell orders!! But technically, 4H chart shows that levels ranging 1.023-1.025 have proven to be a strong resistance for Buyers as Sell Orders have proven to be around these areas and price might need not get to 1.040 levels. These resistant levels have clearly...
Sellers seem to be maintaining momentum to plunge price; The 1.040 level looks promising for injecting sell orders!! But technically, 4H chart shows that levels ranging 1.023-1.025 have proven to be a strong resistance for Buyers as Sell Orders have proven to be around these areas and price might need not get to 1.040 levels. These resistant levels have clearly...
GBP/USD has continued to push higher and climbed to a six-day high above 1.2300 in the second half of the day on Thursday. The Bank of England's (BOE) hawkish tone and the renewed dollar weakness after mixed data provide a boost to the pair on Thursday.
EURUSD SHOWING THE BULLS COMING IN. EUR/USD continued to gather bullish momentum and climbed above 1.0500 for the first time in nearly a week on Thursday. Following the mixed data releases from the US, the US Dollar Index slumped below 104.00, showing that the pair's rally is fueled by the dollar selloff.
The bears are gradually coming in. EUR/USD is dropping towards 1.0500, having faced rejection above 1.0550. The retreat in the major could be linked to the deteriorating market mood, which has revived the US dollar’s safe-haven appeal. EU inflation data awaited.
EUR/USD has reversed its direction and has managed to reclaim 1.1000. In case risk flows continue to dominate the financial markets, the pair could extend its rebound in the near term. The bulls are showing their presence.
The bears taking control of the EURUSD markets. The EURUSD is to rallied in interim as prices are expected to plunge further.
Formidable level of support at 1.12800 level. Looking to go long come New York session.
Price is expected to go short,owing to the release on non-farm employment change.
EURUSD seems to be assuming a strong bearish tone this last couple of days.
Expected decrease in NFP data release alongside strong support found on 1.15339 level.
Bearish pressure on the dollar index. There has been strong bearish pressure on the dollar currency. And very much, price seems to have a hit a major resistance.
Bullish Pressure for EURUSD. We expect a quick rally in price.