EUR/USD Technical Analysis

The pair continues to fall.

Technical Analysis
19 thg 6, 2018
EUR/USD Technical Analysis

During the speech of the head of the ECB Mario Draghi, the euro continued its decline, departing further from the resistance level of 1.1630. After the recent statements of the Federal Reserve, the dollar continues to strengthen.

Yesterday’s data from Italy showed a deterioration in the trade balance. Furthermore, populist statements by the Italian government continue to have a negative impact on the exchange rate of the single currency.

Considering the chart, we observe the continuation of the downward movement. We expect that the pair will soon update the annual lows and go to the levels of 1.1530 and 1.1455.

Therefore, we recommend taking short positions and setting a TP near the above-mentioned levels.

SuperForex
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

We have the chance to sell the pair today.

SuperForex
18 thg 6, 2018
AUD/CAD: Fundamental Review & Forecast

Technical Analysis

AUD/CAD: Fundamental Review & Forecast

A decrease in oil prices negatively affects the CAD value. The deals to BUY can still be effective, at least before the upcoming OPEC meeting next week.

SuperForex
15 thg 6, 2018
USD/JPY Technical Analysis

Technical Analysis

USD/JPY Technical Analysis

The pair has lost its impulse.

SuperForex
14 thg 6, 2018