Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.13293 with take profit at 1.13446. Alternative scenario: Sell if price trades below 1.12982 with take profit at 1.12784. Fundamentals:No major economic data with direct bearing on the currency Comment: The dollar weakened in early European trade Wednesday, with traders seeking riskier currencies. These moves came …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 1.12066 with take profit at 1.12443. Alternative scenario: Sell position is envisaged if price trades below 1.11521 with take profit at 1.111205. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: The common currency lost ground last week owing to the failure of the European Union leaders …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.12180 with take profit at 1.11964. Alternative scenario: Buy position is envisaged if price trades above 1.12702 with take profit at 1.13274. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: The pair is currently trading on an upward channel on the daily chart suggesting …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08391 with take profit at 1.08004 Alternative scenario: Buy position is envisaged if price trades above 1.09153 with take profit at 1.09295 Fundamentals:No major economic data with direct bearing on the pair Comment: The Greenback is envisaged to surge higher against the common currencies after it was reported that Germany the Bloc’ biggest …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 116.657 with take profit at 117.159 Alternative scenario: Sell position is envisaged if price trades below 116.340 with take profit at 115.944 Fundamentals:No major economic data expected today Comment: Technically the instrument look to surge upwards. On the H1 we see that there is a …
Intraday: Bullish Technical Analysis Preference: A Buy position is envisaged if price trades above 107.610 with take profit at 107.900 Alternative scenario: Sell position is envisaged if price trades below 107.557 with take profit at 107.348 Fundamentals:Core CPI m/m (USD) 1:30 pmCPI m/m (USD) 1:30 pm Comment: The JPY has seen steady decline against other major currency pair, and …
Intraday: Bullish Technical Analysis Preference: Buy position is envisaged if price trades above 116.231 with take profit at 116.733 Alternative scenario: Sell position is envisaged if price trades below 115.881 with take profit at 115.038 Fundamentals:No major economic data expected today Comment: The common currency is envisaged to continue its recent recovery against the Yen in the session …
