Our pair rose to the level of 1.1480 and then turned around so that we observed a false breakdown of the level. At the moment, further movement in the pair should be taken into account. Despite the Fed raising interest rates, the dollar continues to weaken. Therefore, it is necessary to wait for a new breakthrough of this level. We advise you to enter the market...
Our pair rose to the level of 1.1480 and then turned around so that we observed a false breakdown of the level. At the moment, further movement in the pair should be taken into account. Despite the Fed raising interest rates, the dollar continues to weaken. Therefore, it is necessary to wait for a new breakthrough of this level. We advise you to enter the market...
At the moment we observe that the pair continues to trade in the corridor with falling peaks and rising lows. We are also seeing a decline in trading volumes in anticipation of the publication of the Fed’s decision on the interest rate. Now the pair is close to the level of 1.1410 and has not overcome it yet. In the case of a breakthrough, we believe that the...
At the moment we are seeing a reversal in the pair. The price has moved away from annual lows and is in correction. After reaching the level of 1.2485, the price turned around. We suppose that at the moment a head and shoulders pattern is being formed with the level of shoulders around 1.2610. The next resistance level for the growth of the pair will be the level...
On our chart, we see that the pair showed a false breakout and rose to the level of 1.1440. Now our lower boundary of the triangle has become the line of resistance for the pair and we expect the pair to continue its downward movement. Starting from our lower border, we advise you to look for points for entering short positions and set take profits near the...
At the moment, we observe that the pair is in the flat for a long time. We expect a medium-term trend to form soon for the pair. We believe that by the end of the month the reserve currency will begin to strengthen. Therefore, we advise you to look for points to enter short positions. Set your goals at the marks of 1.1310, 1.1280.
At the moment we expect a correction. The pair updated the annual minimums by finding the support level at the 1.2680 mark and moved to flat. Considering the fundamental factors, we believe that the dollar will continue to strengthen against the British pound and the pair will continue to decline. However, at the moment we see that the pair is in correction and...
At the moment on our chart, we are seeing a decrease in quotations, after the price has reached the level of 1.1410 and a turn from this point. Our technical indicators point to a sale. Therefore, taking into account the general trend in the pair, we believe that the pair will continue the downward movement. Currently, the pair is consolidating at the 1.1330...
On our chart, we see a powerful downward impulse, as well as the fact that the pair has not yet been stopped at any of the resistance levels and continues to move. Our technical indicators point to a sale. We believe that the downward movement will continue and the pair will be able to descend to the levels of 112.40 and 112. Therefore, we advise you to look for...
On the chart we observe that the pair opened with a gap in favor of the euro and headed up. The last candle has a large upper course and turns around. In the case of continued decline, we believe that the pair will rush to the level of 1.13 and below to 1.1260. Therefore, we advise you to look for points to enter short positions and consider with your goals at...
At the moment, we are seeing that the pair was able to overcome the mark of 1.1310 and found the resistance level at 1.1390 mark. The technical indicators point to sale, but you should wait for a clear signal. Therefore, we consider the first option. When receiving a signal from the indicators, take short positions and consider the targets at the levels of 1.1310...
On our chart, we observe that the pair has an uptrend and the MA (48) is a support level. Recently, the US dollar has a tendency to strengthen, and the Canadian dollar has a certain correlation with the price of oil, showing a weakening relative to the reserve currency. Therefore, we advise you to consider entering the market for short positions and consider the...
On the chart we observe that the price has dropped below the level of 1.1310 and currently has a downward impulse. Our technical indicators point to a sale. The MACD is in the negative zone, and the Stochastic continues to be in the oversold zone. On the older chart, we see a continuation of the downward trend. Therefore, we advise you to look for points to enter...
At the moment, after the pound strengthened against the Brexit deal, the national currency continued to decline. Now the pair is close to the level of 1.2750 and the next level of support for the pair will be at the 1.27 mark. The technical indicators point to a sale and confirm entry into short positions. Therefore, we advise you to look for points to enter the...
At the moment we observe that the price is in a correction and technical indicators are trying to turn around. Although the price is still in the lower Bollinger band, and Stochastic is still in the oversold zone. We believe that the price will go to the level of 1.14, which is the next resistance level. In case of breaking through this level, the price may move...
On our graphic we observe that pair stopped falling and at the moment begins the ascending movement. The pair overcame mark 1.13 and continues to grow. Technical indicators have deployed and indicate purchase. We believe, ascending movement will be continued and the pair directs to marks 1.14 and 1.1460. Therefore we advise to look for points for an entrance on...
Now on the chart we observe that the pair is decreasing and is at the bottom of the Bollinger band. If we move on to the daily chart, we can observe the uptrend, so we consider the current movement as a correction. We expect the price to reach the early levels of support at the levels of 113.20 and 113.0. Therefore, we advise you to look for points for entering...
On the chart, we observe that the pair has updated the annual minima and reached the mark of 1.1205, after which the price was adjusted to the mark of 1.1310. The price could not overcome this mark and again went down. The Stochastic is still pointing up. The MACD, despite having left the bar graph, is still in the negative zone. Therefore, we advise you to look...