EUR/USD The pair is consolidating at 1.5780 on the short term, and it appears that the momentum on the 4 hour chart is moderately bullish. The daily chart is showing that an attempt to breach through the 1.5850 is quite imminent, and might occur as early as the beginning of next week. Going long appears to preferable today. GBP/USD The cable is currently correcting down on a local level within the bigger bullish trend. The cross on the 4 hour chart indicates that the bullish trend's comeback is at the doorstep. A strong breach through ... ( read more )

EUR/USD The pair is trading in a range for the past three days showing after the sharp bearish correction and is now consolidating around 1.4620. The 4 hour chart is showing first buds of a bullish momentum whereas the daily chart is still bearish. Selling on high might be preferable today. GBP/USD The 4 hour chart is showing that the bearish momentum is regaining strength. The slow stochastic indicates that this trend might continue until the cable reaches the 1.9520 level. The daily studies confirm the bearish notion, and it appears ... ( read more )

Daily Forex Technical Analysis EUR/USD The pair has breached a fresh all time high and is now floating at 1.4420. Both the 4 Hour and the daily chart are showing a bearish cross on the slow stochastic, which indicates that there might be a correction back to the 1.4360 level before the next peak will be tested. GBP/USD The cable is going through a very strong up trend, and we can see new momentum on the hourly charts growing stronger. The daily chart indicates that the next target price might be around 2.0620. USD/JPY The pair... ( read more )

EUR/USD The pair toped at 1.4240 yesterday only to lose some ground for the rest of the day, and is now trading around 1.4190. The hourly charts are very bullish and the daily studies support the bullish notion. Oscillators show that a touch at the 1.4240 again is quite imminent, and a breach beyond will validate another bullish move to the 1.4300 area. GBP/USD The cable has been trading in a range for a while now, and the 4 Hour chart is showing a horizontal channel which indicate that there isn’t a clear signal as to the cable’s ... ( read more )