EUR/USD Technical Analysis

The pair is turning around.

Technical Analysis
Aug 30, 2018
EUR/USD Technical Analysis

Our pair has moved away from the lows and has already worked out an inverted head and shoulders pattern. The level of 1.1715 has not been overcome yet.

The situation in Turkey is also exerting pressure on the euro exchange rate, weakening the currency. The US dollar gained the status of a safe haven asset after Donald Trump began a trade war with China. After the recent announcement that the negotiations are still too inconclusive, the dollar began to rise again.

Technical indicators point to a sell signal; we expect the formation of a downtrend.

Therefore, we advise you to look for points to enter short positions and consider the levels of 1.1670 and 1.1625 for your goals. At the moment the pair can show an even more powerful downward momentum and rush to even earlier levels of support on the chart.

SuperForex

Technical Analysis

NZD/JPY: Fundamental Review & Forecast

The NZD continues its drop against a strong JPY. Deals on the trend seem the most effective.

SuperForex
Aug 29, 2018
GBP/USD Technical Analysis

Technical Analysis

GBP/USD Technical Analysis

The pair is headed up.

SuperForex
Aug 28, 2018
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

We can buy the pair today.

SuperForex
Aug 27, 2018