SuperForex

SuperForex

On the chart we see an increase in the reserve currency, and after the opening of the trading on Monday with the GAP, the pair could not win back its positions. For the moment, the pair has found support level at 1.2850 mark and has pushed against it. We believe that the upward movement occurs within the framework of correction. Therefore, we advise you to look...

SuperForex

At the moment, we observe that the pair is updating the annual lows against the backdrop of a stronger reserve currency and the pair has overcome the previously formed support level. Our technical indicators point to sales and the MACD shows a strong divergence between the MA’s, which may indicate a strong downward momentum. The next psychological level for...

SuperForex

Our pair rose to the mark 1.490, in which has found the resistance level and at the moment goes to the mark of 1.1310 which previously was the support level. Our technical indicators point to sale and we believe the local minimums will be updated. Therefore we advise to look for points to enter short positions, taking into account a possible turn from the...

SuperForex

At the moment, we are seeing that the pair found support and strongly pushed off from the level of 1.1320 and easily overcomes the resistance levels. The dollar index continues to decline, and therefore the trend is changing for the pair. We believe that now is a good moment to enter long positions. Therefore, we advise you to look for points to enter the market...

SuperForex

On the chart, we observe that after a slight delay the pair has crossed the mark of 1.3025 and we are seeing the formation of the 3rd ascending wave. Around the mark of 1.3025, we can position the level of the shoulders and assume that the pair has formed an inverted head and shoulder pattern. Therefore, we believe that the upward movement will continue and has...

SuperForex

At the moment, we observe that the price remains under the mark of 1.1390 and does not demonstrate activity. Technical indicators are multidirectional and the price is in the corridor. We believe that in case of overcoming the mark of 1.1390, the pair will go to the levels of 1.1440 and 1.1490. Otherwise, local minima around 1.1330 and 1.1305 will be updated again.

SuperForex

At the moment, we are seeing accelerated weakening of the dollar and high volatility for our pair. We observe how the pair easily overcame several levels of resistance and is currently approaching the 1.3040 mark. On the 4-hour chart, the price exceeded the average moving period of 120, and therefore we assume that the trend is upward. We believe that in this...

SuperForex

At the moment, we are seeing on the chart that the pair was able to consolidate below 1.1450 and 1.14 and reached the 1.1305 level. It is from this mark that we observe the beginning of the correction for the pair. Given the continuous decline and updating of local minima, we believe that the corrective movement may send the price to the marks of 1.14 and...

SuperForex

At the moment we are seeing a correction on the chart after a sharp fall. Our technical indicators are still in the negative zone and indicate a sale. Now the pair is in the range of 1.2690-1.2790, we believe that the downward movement will continue and the pair will again test the 1.2690 mark. Therefore, we advise you to look for points to enter short positions...

SuperForex

At the moment, we are seeing a continuation of the downward movement of the pair. The trades are going below the 1.14 mark. Judging by the technical indicators, the pair will continue its downward movement and it is possible to move to the 1.1315 mark. The price is in the lower Bollinger band, so we do not expect a reversal yet. We advise you to look for points to...

SuperForex

At the moment, the pair has a downward trend, since each subsequent vertex was lower than the previous one. Also we approximately see where the level of support and the formation of a triangle are possible. If the price leaves the triangle, it will be equal to the height of the triangle and is expected to be downward. Therefore, we advise you to look for points...

SuperForex

At the moment we see that our last candle is high and, based on the trend prevailing on the chart, we believe that the downward movement will continue. Therefore, we advise you to look for points to enter short positions. Technical indicators confirm our assumption. We advise you to consider the marks of 1.2860 and 1.28 for your goals.

SuperForex

On our chart, we observe that the pair continues to remain in the lower Bollinger band. This means that the downward movement continues and we expect a new test of the 1.1440 level. After that, the pair will go to test the lower levels of 1.14 and 1.1370. However, you should wait for the breaking of this level. Therefore, we advise you to look for points to enter...

SuperForex

At the moment, we are seeing that the pair has once again moved away from the level of 1.1440 and is being adjusted from it. If we look at our technical indicators, we will see that the downward movement continues. We believe that after correction this level will be re-tested and overcome. The next support level will be 1.14. We advise you to look for points to...

SuperForex

At the moment, our pair has continued to decline and buyers are leaving the market. Closing long positions by bulls helps to reduce the pair and it updates monthly lows and is likely to go to one-year lows. Technical indicators point to a sale and we see the formation of a powerful downward impulse. Therefore, we advise you to take short positions and consider...

SuperForex

At the moment, we are seeing that the price has fallen below the support level of 1.1510, but still has not been able to pass the psychological level of 1.15. All technical indicators point to the sale and are directed down. Also, the market is less volatile until the American session has begun. We advise you to look for points to enter short positions and...

SuperForex

After opening with a gap at the beginning of the trading week, the pair returned to the upper Bollinger band. At the moment we are seeing that the price is in the range of 1.3140-1.3240. The price is now at the middle of the Bolinger Canal and is trying to move to the bottom. We believe that in the case of a transition, the pair will continue its downward...

SuperForex

At the moment, we are seeing on the chart that the price could not overcome the level of 1.1610 and turned around from this level. Our technical indicators currently do not give a clear sell signal. In case the price fails to overcome the level of 1.1610 again, we believe that there will be a reversal and the price will go to the levels of 1.1550 and 1.15. We...