EUR/USD is well-supported, with clear upside targets

April 18, 2019 Off

 is trading in a narrow range around 1.1300 as the long Easter weekend approaches. The pair enjoys substantial support. Can it rally? The  shows that the round number of 1.1300 is a dense cluster of lines including the Simple Moving Average 5-1h, the Fibonacci 61.8% one-day, the SMA 10-15m, the SMA 10-1h, the SMA 10-4h, the SMA 50-1h,…

By admin-445

EUR/USD: Hard to keep it down

April 17, 2019 Off

EUR/USD is clinging to 1.1300 once again, after a short dip. Chinese GDP and some euro-zone figures set to dominate. The technical picture remains bullish for the pair.  is recovering from the lows and trading around 1.1300 once again. Attempts to break lower failed once again, and the pair is back to the tight range.…

By admin-445

GBP/USD is limited by downtrend resistance

April 16, 2019 Off

GBP/USD trades around 1.3100 after the UK jobs report met expectations.  Internal Brexit talks continue as the EU shows exasperation from the topic. The technical picture is becoming bearish for the pair.  is trading just under 1.3100 once again, sticking to familiar ranges. The unemployment rate remained at 3.9% in February as expected. Average earnings…

By admin-445