GBP/USD Technical Analysis

We are waiting for the bulls.

Technical Analysis
21. 12. 2017
GBP/USD Technical Analysis

Right now we expect a number of macroeconomic indicators. Today data on the growth of the GDP of the United States for the third quarter will be published, as well as the index of production activity from the Federal Reserve Bank of Philadelphia. In the United Kingdom today we expect the consumer confidence index Gfk, which is a leading indicator predicting consumers' spending.

The expectation of the adoption of the tax reform was played by the market earlier, therefore at yesterday's auctions the dollar weakened its positions. The dollar index fell to 92.94.

Considering the schedule, we see that our pair is in the price band and at the moment the price is corrected and directed upwards.

Based on technical indicators, we can assume that our pair will begin an upward movement when the Stochastic comes out of the oversold zone.

Our trading advice is to enter the long positions with trading targets at 1.3400 and 1.3440.

SuperForex
USD/SEK: Review & Short-term Forecast

Technical Analysis

USD/SEK: Review & Short-term Forecast

We still have a chance to make a profit on the USD/SEK before the end of the year. The deals on the trend still can be effective.

SuperForex
20. 12. 2017
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

Although both currencies are quite neutral lately, we expect a bullish movement in this pair.

SuperForex
19. 12. 2017
EUR/CHF Technical Analysis

Technical Analysis

EUR/CHF Technical Analysis

We are waiting for an upward movement.

SuperForex
19. 12. 2017