GBP/USD Technical Analysis

The pair is about to turn.

Technical Analysis
17. 7. 2018
GBP/USD Technical Analysis

Today we expect Jerome Powell's speech during which there will likely be a strengthening in the reserve currency. Data released today on the labor market in the UK was worse than expected. The number of applications for unemployment benefits turned out to be higher than forecasted and amounted to 7.8k instead of the forecasted 2.3k.

During the speech of the head of the Bank of England Mark Carney, the pound began to win back its positions and the pair headed upwards. At the current moment the price is between the MA (12) and MA (48) averages; in case it fixes above our MA (48), we expect a trend change. However, if the price again falls below the level of 1.3250, we expect the testing of the level of 1.3130.

Therefore, we advise you to look for points to enter short positions, approximately from the level of 1.3320. Our goals are to consider the levels 1.3250 and 1.3190.

SuperForex
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

The pair is in a tough spot today, but we might be able to open buy positions.

SuperForex
16. 7. 2018
EUR/SGD: Review and Forecast

Technical Analysis

EUR/SGD: Review and Forecast

The uptrend is losing its intensity. However, the deals to BUY seem the most effective.

SuperForex
13. 7. 2018
USD/JPY Technical Overview & Daily Chart

Technical Analysis

USD/JPY Technical Overview & Daily Chart

The pair offers a good buy opportunity today.

SuperForex
12. 7. 2018