EUR/USD Technical Analysis

The pair rushed upwards.

Technical Analysis
10. 4. 2018
EUR/USD Technical Analysis

Our pair, having updated the new local minimum on the four-hour chart, has turned around and is heading up. The technical indicators show the formation of an upward momentum. In addition, we see the inverted head and shoulders pattern has formed and at the moment the price finishes its completion.

Given the recent developments on the financial markets, there is no confidence in the strength of the dollar at the moment. Furthermore, one of the factors destabilizing the dollar is the investigation into Russia's intervention in the election of the US president. Against the background of these political scandals, the dollar is expected to continue its decline. Thus, the dollar index fell to the level of 89.50.

Therefore, we advise to take long positions for our pair.

SuperForex
AUD/CAD: Fundamental Review & Forecast

Technical Analysis

AUD/CAD: Fundamental Review & Forecast

The new downward trend seems far from ending. The CAD can sthrenghen more against the AUD, so the deals on the trend seem the most effective.

SuperForex
06. 4. 2018
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

The pair has been changing a lot, but today it is likely to decline.

SuperForex
05. 4. 2018
AUD/USD Technical Analysis

Technical Analysis

AUD/USD Technical Analysis

We are waiting for a downtrend.

SuperForex
05. 4. 2018