GBP/USD Technical Analysis

The pair is searching for a resistance level.

Technical Analysis
Sep 06, 2018
GBP/USD Technical Analysis

The British pound weakened against the background of bad news about Brexit and the pair showed a decline.

The US dollar has strengthened in recent days and the dollar index has reached the mark of 95.50. However, after a series of statements by Federal Reserve members yesterday the dollar showed negative dynamics and the index sank to the level of 95.00.

For the moment, our pair has found a resistance level at the mark of 1.2930 and has departed from it.

We believe that the head and shoulders pattern has been formed and now we observe that the quotation is at the top of the second shoulder, so there is a high probability that the pair will go down.

Therefore, we advise you to look for points to enter short positions and set Take-Profits at the levels of 1.2860 and 1.2815. In case of overcoming the upper level of resistance, the pair will go towards the peaks.

SuperForex
EUR/USD Technical Analysis

Technical Analysis

EUR/USD Technical Analysis

The pair has turned around.

SuperForex
Sep 04, 2018
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

We can buy the pair today.

SuperForex
Sep 03, 2018
GOLD (XAU/USD): Review & Forecast

Technical Analysis

GOLD (XAU/USD): Review & Forecast

Gold is under pressure by the strong dollar, the trade war and other geopolitical risks. Deals to Sell are still effective.

SuperForex
Aug 31, 2018