UnknownUnicorn890690

UnknownUnicorn890690

From a theoretical point of view, it is likely that some upside potential could prevail in the market. In this case it is unlikely that the exchange rate could exceed the weekly PP at 1.0995. However, note that the currency pair is pressured by the 50-hour SMA. Thus, the pair could decline along the lower channel line in the short run. If the given channel does...

UnknownUnicorn890690

The LTC/USD pair could make a downward movement towards the 61.42 area before the Litecoin continue its bullish sentiment.

UnknownUnicorn890690

The US Dollar will likely continue to edge lower against the Swiss Franc within this week's trading session. The USD/CHF currency exchange rate could aim for the lower boundary of a descending channel pattern this week.

UnknownUnicorn890690

Given that a breakout had occurred, the EUR/JPY currency exchange rate could continue to edge lower in the near future. The potential target will be near the 118.00 area.

UnknownUnicorn890690

The XAUUSD exchange rate is currently trading near the bottom border of an ascending channel pattern and could be set for a breakout.

UnknownUnicorn890690

The New Zealand Dollar could edge higher by 150 basis points against the US Dollar within the following trading sessions. Most likely, the 200- period SMA could continue to provide support for the NZDUSD pair.

UnknownUnicorn890690

The GBP/USD currency pair could make a brief upside movement and after testing the resistance level, a potential long-term decline could follow.

UnknownUnicorn890690

The 200- hour simple moving average is likely to pressure the EUR/USD currency exchange rate higher during the following trading sessions.

UnknownUnicorn890690

The Brent crude oil prices will most likely aim for the $74:00 mark during the following trading session. The Middle East crisis will play a major role in driving the price higher in the shorter term.

UnknownUnicorn890690

The common European currency will most likely continue to edge up against the Japanese Yen. Bullish traders will likely aim for about 280 basis points profit. However, beware of the resistance level at 122.60.

UnknownUnicorn890690

As we predicted before, Bitcoin hit the $6500 mark. New forecast guys, BTC/USD will most likely target the $9500 zones during the coming weeks.

UnknownUnicorn890690

The common European currency will likely gain strength against the British Pound within the coming weeks. The currency exchange rate edge higher by about 350 basis points during this period. However, the EUR/GBP pair has to surpass a resistance level formed by the 21-DAY MA at 0.8483.

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The British Pound surged by 420 basis points against the US Dollar during the early hours of Friday's trading session. The UK general election played an important role in the overall movement of the currency pair. Boris Johnson won the UK Parliamentary election and most likely, Brexit will happen by 2020. By and large, the GBP/USD currency exchange rate might make...

UnknownUnicorn890690

The Gold versus the US Dollar will most likely continue to edge lower. The 200- period simple moving average could provide resistance for the exchange rate in the short-term future,

UnknownUnicorn890690

The GBP/CAD exchange rate is flashing a king's crown or better known as H&S. A possible 100 pips decline could be expected in the short-term future.

UnknownUnicorn890690

Hello traders, The common European currency is likely to continue gaining strength against the Japanese Yen during the following trading sessions. The EUR/JPY exchange rate could edge higher by 250 basis point in the nearest future.

UnknownUnicorn890690

The US Dollar versus the Canadian Dollar will likely make some slight upside movement within this week's trading sessions. A potential 100-pips are up for grab.

UnknownUnicorn890690

The US Dollar will likely gain strength against the Euro during the following trading sessions. A potential 220 basis points decline for the EURUSD pair before the runs out of this month's trading sessions.