The pair fell yesterday, however, the main support zone of the WCZ 1/2 106.51-106.35 was not tested. It will be possible to consider purchases if it is tested today. The growth target is the current week’s high. The probability of resuming the upward momentum is 75% while the pair is trading above the WCZ. Working […]

The pair fell yesterday, however, the main support zone of the WCZ 1/2 106.51-106.35 was not tested. It will be possible to consider purchases if it is tested today. The growth target is the current week’s high. The probability of resuming the upward momentum is 75% while the pair is trading above the WCZ. Working […]

Trading Recommendation Entry: 122.208 Reason for Entry: 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal pullback resistance and break out trend line Take Profit: 121.203 Reason for Take Profit: Horizontal overlap support, 61.8% fibonacci retracement Stop Loss: 122.511 Reason for Take Profit: Horizontal swing high resistance The material has been provided by InstaForex Company – www.instaforex.com […]

Trading Recommendation Entry: 122.208 Reason for Entry: 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal pullback resistance and break out trend line Take Profit: 121.203 Reason for Take Profit: Horizontal overlap support, 61.8% fibonacci retracement Stop Loss: 122.511 Reason for Take Profit: Horizontal swing high resistance The material has been provided by InstaForex Company – www.instaforex.com […]

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – upward. CCI: 105.4154 Well, the upward movement of the euro/dollar pair has fully resumed. Now we can talk about it in full voice. It remains only to deal with the question, how […]

4-hour timeframe Technical details: Higher linear regression channel: direction – upward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – upward. CCI: 105.4154 Well, the upward movement of the euro/dollar pair has fully resumed. Now we can talk about it in full voice. It remains only to deal with the question, how […]

EUR/USD The euro reached the growth target level of 1.1420 on Wednesday and slightly fell short of the second level of 1.1465, but since we have a target price range of 1.1420/65 in general, the necessary condition for forming a divergence with the Marlin oscillator is met. Only time will tell whether the divergence will […]

EUR/USD The euro reached the growth target level of 1.1420 on Wednesday and slightly fell short of the second level of 1.1465, but since we have a target price range of 1.1420/65 in general, the necessary condition for forming a divergence with the Marlin oscillator is met. Only time will tell whether the divergence will […]

AUD/USD The Australian dollar rose by 32 points on Wednesday, even closer to the target level of 0.7080 (July 2019 high), after which a triple divergence can form with the Marlin oscillator – a very strong and rarely seen reversal pattern. Marlin’s signal line in the zone of positive numbers. The price could not stay […]

AUD/USD The Australian dollar rose by 32 points on Wednesday, even closer to the target level of 0.7080 (July 2019 high), after which a triple divergence can form with the Marlin oscillator – a very strong and rarely seen reversal pattern. Marlin’s signal line in the zone of positive numbers. The price could not stay […]

USD/JPY Yesterday, the yen attacked the MACD line from top to bottom in exactly the same way as it did on July 10 (Friday). Accordingly, history can repeat itself with growth on the model of July 13 (Monday), although there are also differences on the smaller-scale chart that reduce the probability of repeating the previous […]

USD/JPY Yesterday, the yen attacked the MACD line from top to bottom in exactly the same way as it did on July 10 (Friday). Accordingly, history can repeat itself with growth on the model of July 13 (Monday), although there are also differences on the smaller-scale chart that reduce the probability of repeating the previous […]

Trading Recommendation Entry: 0.69950 Reason for Entry: Head and shoulders neckline, Moving average resistance Take Profit: 0.69653 Reason for Take Profit: 61.8% Fibonacci retracement Stop Loss: 0.70146 Reason for Stop Loss: Ascending trendline resistance The material has been provided by InstaForex Company – www.instaforex.com Related Posts:AUDUSD breaks the trading range July 15, 2020 In a […]

Trading Recommendation Entry: 1.3488 Reason for Entry: Horizontal swing low support Take Profit :1.3544 Reason for Take Profit: Horizontal pullback resistance Stop Loss:1.3425 Reason for Stop loss: 200 fib retracement The material has been provided by InstaForex Company – www.instaforex.com Related Posts:Forex News: 15/07/2020 – Euro surges, stocks bounce… July 15, 2020 Risk Warning: 75.55% […]

GBP/USD 1H The GBP/USD pair, unlike the EUR/USD pair, is just trying to continue the upward trend. Buyers reached the resistance area of 1.2634-1.2660 for the fourth time in the last few days and unsuccessfully tried to overcome it. Another rebound and correction to the critical Kijun-sen line. However, it was also not possible to […]

GBP/USD 1H The GBP/USD pair, unlike the EUR/USD pair, is just trying to continue the upward trend. Buyers reached the resistance area of 1.2634-1.2660 for the fourth time in the last few days and unsuccessfully tried to overcome it. Another rebound and correction to the critical Kijun-sen line. However, it was also not possible to […]

EUR/USD 1H The euro/dollar pair reached the second resistance level of 1.1432 and rebounded from it on the hourly timeframe of July 15. We have already said that the pair is very often corrected within the current movement, so it is not surprising that a new round of corrective movement has begun. Buyers have significantly […]

EUR/USD 1H The euro/dollar pair reached the second resistance level of 1.1432 and rebounded from it on the hourly timeframe of July 15. We have already said that the pair is very often corrected within the current movement, so it is not surprising that a new round of corrective movement has begun. Buyers have significantly […]

The EURUSD pair has been trending-up since the pair has initiated the depicted uptrend line on May 14. On June 11, a major resistance level was formed around 1.1400 which prevented further upside movement and forced the pair to have a downside pause towards the uptrend line. This week, the uptrend seems to show signs […]

Minuette operational scale (H1) Current development options for the movement of EUR/USD & GBP/USD (H4) on July 16-17, 2020. ____________________ Euro vs US dollar The development of the movement of the single European currency EUR/USD on July 16-17, 2020 will be determined by the development and direction of the breakdown of the range: resistance level […]

The pound sterling began to strengthen against the backdrop of a weakening US dollar. Today’s rate has stopped at around 1.26 dollars per pound. Meanwhile, it remains stable in relation to the euro. The pound sterling is sensitive to all the changes that happen to the greenback, and it has recently been going through hard […]

GBPJPY appears to have lost steam since peaking at 135.91, despite the bullish tone still present in the simple moving averages (SMAs). Dominating sellers are currently attempting to build negative momentum to decisively close below the 200-period SMA at 134.67. These efforts are also mirrored in the short-term oscillators as the MACD dips below its […]

The Asia-Pacific stock exchanges rose at the beginning of trading on Wednesday. This was, however, interrupted by some negativity with China’s stock market which declined after market participants feared a further escalation of the conflict between the US and China. US President Donald Trump released a statement that he would not resume negotiations with Chinese […]

On March 20, the EURUSD pair has expressed remarkable bullish recovery around the newly-established bottom around 1.0650. Shortly after, a sideway consolidation range was established in the price range extending between 1.0770 – 1.1000. On May 14, evident signs of Bullish rejection as well as a recent ascending bottom have been manifested around the price […]

Since April, the GBPUSD pair has been moving sideways within the depicted consolidation range extending between the price levels of 1.2265 and 1.2600. On May 15, transient bearish breakout below 1.2265 (Consolidation Range Lower Limit) was demonstrated in the period between May 13 – May 26 denoting some sort of weakness from the current bullish […]