SuperForex

SuperForex

On the chart we observe that the pair was able to rise above our current channel boundary and believe that the pair will be able to consolidate in the parallel channel. Technical indicators tell us to buy, but at the moment, the pair is in the correction and on the lower charts we have signals to sell. We assume that the pair will remain above the upper boundary...

SuperForex

On the chart, we observe that the pair completed the head and shoulders pattern and moved away from the 1.1345 mark. At the moment, we are seeing a correction of the downward movement and the pair moved higher to the 1.1360 mark. Technical indicators give a sell signal. Therefore, we advise you to take short positions in the pair and set take profit near the...

SuperForex

At the moment we are seeing an upward movement on our chart after the price has reached the 1.2830 mark. At the moment, the technical indicators point to a purchase and the price is directed upwards. We believe that now is a good time to take long positions and from the point of view of the Elliott wave theory, the 3rd wave is starting now and it should reach...

SuperForex

On our chart, as expected, the head and shoulders figure was worked out and the pair was falling to the level of 1.1360, now we are seeing a slight correction. Technical indicators point to a sale, MACD is in the negative zone, and the volume of trades for sale is falling. We expect that the pair will move to the early line of the uptrend and may turn around from...

SuperForex

If you look at our pair from the point of view of wave analysis, we observed a strong 5th downward wave and the pair dropped below the 1.1410 wave. At the moment, we believe that after testing this level again, the price will go even lower to the area of 1.1330 and 1.13 levels. Technical indicators point to a sale. Therefore, we advise you to take short positions...

SuperForex

Against the background of increasing volatility due to Brexit voting, we observed a false breakdown of the lower boundary of the ascending channel. Technical indicators currently indicate the purchase and therefore we believe that it is necessary to take long positions in the pair. We advise you to look for entry points on earlier charts and to consider as your...

SuperForex

After the update of local maxima, our pair went down. At the current moment the situation on the chart is similar to the fact that the head and shoulders pattern is being formed. Now we are in the final stages of the second shoulder. Therefore, we advise you to take short positions in the pair and we believe that the pair will move to the levels of 1.1370 and 1.1330

SuperForex

At the moment we are seeing that the pair remains in the ascending channel and is currently away from the upper limit. We believe that the price will go to the level of 1.2785, after which the growth in the pair will resume. Therefore, we advise you to take short positions in the framework of day trading. Take into account that the trend remains ascending. Set a...

SuperForex

At the moment we are seeing a correction. The pair rushed to the support level around the 1.1440 level, from which we expect a reversal. Taking into account global trends to weaken the reserve currency, we believe that the upward movement will resume and the pair will reverse from the above mentioned support level. Therefore, we advise you to look for points to...

SuperForex

At the moment we are seeing a correction for the pair. And this is a great time to enter long positions on this instrument. Given the current trend, the last candle is more corrective than reversal, so we believe that technical indicators will not turn around for a sell signal. The correction may lower the pair to the level 1.1510, after which we expect the...

SuperForex

The pair entered the ascending channel marked up with blue lines. We can also consider the current position as inverted head and shoulders pattern. The resistance level is at the 1.2780 level. We suppose that if the pattern will be finished, the pair will be able to exceed the upper limit of the channel. Therefore, we advise you to take long positions. Consider...

SuperForex

The pair was able to overcome the mark of 1.1410 and went up. We believe that the upward momentum will continue. We observe support and resistance levels at the levels of 1.1410, 1.1440, 1.1490, 1.1500 and 1.1540. We advise you to look for entry points for long positions by setting your stop loss and take profit at the above positions.

SuperForex

On the chart, we observe that the pair is corrected after a sharp drop and during today's trading still remains flat. The trading goes below the 1.1410 mark and technical indicators point to a sale. Despite the sharp increase in volumes, we believe that the downward movement will resume. We advise you to look for points to enter short positions, considering the...

SuperForex

On the chart, we see that the pair again tried to overcome the level of 1.1460 and then returned below this level. We believe that the downward movement on the medium-term chart will resume and we will see how the price will head towards the 1.14 and 1.1370 levels. Therefore, we advise you to enter the market for short positions and set take profits at the above marks.

SuperForex

At the moment, we are seeing how the pair is returning to the downward channel. Also we see a weakening of the upward impulse. The technical indicators point to short positions. We believe that the pair will go down to the marks of 1.2590 1.2540 1.2485. Therefore, we advise you to look for points to enter short positions and consider the above levels as your goals.

SuperForex

We see that the price has again gone to the area of 4.200 and even exceeded this mark by 100. However, it moved away, apparently just giving the last chance this year to play for a raise. We believe that the price will continue to decline and go to the mark of 3.600. We advise you to take short positions and set your take profits near the above mark.

SuperForex

At the moment, our pair has found the resistance level at 1.1480 mark and then headed down. Technical indicators point to a purchase, but we believe that the pair is now forming the head and shoulders pattern. At the moment, the second shoulder is being formed. Therefore, we advise you to wait for the end of the formation of the second shoulder and take short...

SuperForex

Can we believe that the negative has left the markets and we again can open the buy deals?! In this case, even technical indicators pointing to the purchase cannot inspire us to take long positions. We observe that the price again exceeded the 4.000 mark and, after rebounding from the level of 4.200, found support at the 3.950 mark. Even the possibility of an...