DAX Bullish Sequence Favors More Upside
DAX has broken above February 6, 2019 high (11371.74) and shows a bullish sequence from December 28, 2018 low (10279.20). On the chart below, we put a bullish sequence stamp… Read more »
Tag: upside
USD/JPY buyers stay in near-term control as yen stays pressured, upside remains limited
USD/JPY sits at 110.80 levels but the 111.00 handle still proves to be elusive ForexLive The pair continues to find support from around 110.50 and buyers broke back above the… Read more »
Upside favored on inverse H&S breakout
The inverse head-and-shoulders breakout seen in EUR/USD’s 4-hour chart validates the bullish view put forward by the falling channel breakout on Monday and represents a bearish-to-bullish trend change (transition from… Read more »
0.9475 becomes immediate barrier to the upside
The AUD/CAD pair trades around 0.9460 at the start Asian trading on Monday. The pair has been struggling to clear the 100-day simple moving average (SMA), currently at 0.9475, since… Read more »
50-day SMA and 61.8% fibo guards the upside around 78.85-95
NEWS | 24 minutes ago By Anil Panchal AUD/JPY daily chart The AUD/JPY pair remains little changed near 78.67 during early Asian sessions on Thursday. The pair surged to… Read more »
NZD/USD upside move stalls, can buyers keep the momentum going?
The jump higher meets a pause as buyers run into notable resistance levels ForexLive In the bigger picture, the mid-January highs around 0.6845-50 is currently helping to limit gains in… Read more »
110.80 challenges recent upside momentum
USD/JPY trades around 110.65 ahead of European markets open on Wednesday. The pair remains well passed the seven-week high and follows short-term ascending trend-channel. However, the resistance line of the… Read more »
Inverted hammer at 50% Fibo guards upside, although doji confirms traders’ indecision
NEWS | 8 minutes ago By Anil Panchal The EUR/AUD pair trades little positive around 1.5970 during the early Asian sessions on Tuesday. Daily chart confirms traders’ indecision on… Read more »
There is upside for UK economy if there is clarity on Brexit deal sooner
We’re on to the Q&A session now If there is a no-deal Brexit shock, that would increase chance of negative growth Central expectations is for higher uncertainty but some kind… Read more »
GBPUSD inches up to new highs for the day. Support levels hold and help the upside bias
Double bottom, gives sellers cause for pause The GBPUSD is inching up to a new session high. The pair has been waffling down and back up today. The catalyst for… Read more »