EUR/GBP Technical Analysis

Technical Analysis
31 oct. 2017
EUR/GBP Technical Analysis

Today the pound is no way affected by any economic indicators, but in the eurozone we expect a number of economic indicators, including the consumer price index for October and GDP figures for the last three months. Output data rates may contribute to the strengthening of the euro.

The situation with Catalonia ceased to exert such a strong influence on the single currency, so that at the moment we expect that the situation in the region will stabilize, which will also support the euro.

The pair has a downward momentum and we need to find the entry point for a short position. Our moving averages also indicate a formed downtrend. The point of entry must be sought near the resistance levels for the pair.

Expect that in the medium term the price will test the level of 0.8745.

SuperForex
GBP/NZD Technical Outlook Ahead of the BOE Official Rate

Technical Analysis

GBP/NZD Technical Outlook Ahead of the BOE Official Rate

The GBP/NZD pair has recorded new highs and a correction wave is expected.

SuperForex
30 oct. 2017
EUR/SGD: Fundamental Review & Forecast

Technical Analysis

EUR/SGD: Fundamental Review & Forecast

The EUR has weakened based on the results from the ECB meeting and their decision to leave the rate unchanged and prolong the bond-buying program.

SuperForex
27 oct. 2017
ECB Meeting Outcome

Technical Analysis

ECB Meeting Outcome

The euro slumped after the ECB announced its decision regarding stimulus measures yesterday.

SuperForex
27 oct. 2017