Back in June 24, the EURUSD looked overbought around 1.1400 facing a confluence of supply levels.In the period between 8 - 22 July, sideway consolidation-range was established between 1.1200 - 1.1275 until a triple-top reversal pattern was demonstrated around the upper limit.Shortly after, evident...
Demand for safe haven assets decreased ahead of Friday's New York open with gold, the Swiss franc and yen are all losing ground.USD/JPY has advanced to highs at 106.50 before fading to 106.35 while USD/CHF has moved above 0.9800 and gold has retreated to below $1,513 per ounce.US equity futures...
Overview:Pivot point: 0.9733Trend: downtrendThe USD/CHF pair has broken support at the level of 0.9780 which acts as a resistance now. The USD/CHF pair continues to move downwards from the areas of 0.9780 and 0.9733. The RSI is still signaling that the trend is downward, while the moving average...
GBP/JPY remains locked below short-term important resistance at 129.31 which is the divider between a bottom likely being in place or more downside to come. Time is running out for GBP/JPY to break above the pivot-point at 129.31 adding confidence in a low being in place at 126.54 for a rally...
