Forex Trading TV Video Blog

Daily Forex Technical Analysis EUR/USD On the 4 H chart, we notice that the bearish trend is running ahead. It appears that the pair is targeting to the 1.3600 level. The volatility has decreased and the EUR/USD is in a consolidation period after breaking the 1.3650 support level. The price should continue to move downwards in a range of 1.3730 to 1.3600. As it seems, the bearish pressure will continue to gather momentum also today. GBP/USD On the 4 H chart, a falling wedge (bearish) is forming which may imply a continuation... ( read more )