EUR/USD Technical Analysis

We have a downtrend for this pair.

Technical Analysis
29 thg 5, 2018
EUR/USD Technical Analysis

Looking at our pair, we can currently observe the formation of a third wave and expect it to be the strongest. The US dollar continues to strengthen against the basket of major currencies and the dollar index at the moment is at 94.61, which is the highest since November 2017. Despite the fact that the US had a day off yesterday, the dollar index continued to strengthen.

Against the backdrop of the growth of the dollar, the prices of gold, oil products and our pair are declining.

We expect that the next resistance levels for the pair will be the located at 1.1500 and 1.1440. Therefore, we recommend taking short positions on our pair.

SuperForex
Oil (CL/WTI): Review & Forecast

Technical Analysis

Oil (CL/WTI): Review & Forecast

The current decreasing of oil prices can be considered as the usual price correction after which the rates can go up. The deals to BUY still seem the most effective.

SuperForex
25 thg 5, 2018
USD/CAD Technical Analysis

Technical Analysis

USD/CAD Technical Analysis

The pair is trading in a corridor.

SuperForex
24 thg 5, 2018
USD/JPY Technical Overview & Daily Chart

Technical Analysis

USD/JPY Technical Overview & Daily Chart

The yen is currently resisting the dollar, pulling the price down.

SuperForex
24 thg 5, 2018