USDCHF- approaching strong resistance zone

The pair breach 3-day consolidation zone on the higher end close with 0.5% gains at yesterday’s session. The 100Msma seems at 0.9885 rounded to 0.9900 and 100Mema seems at 1.1010. The January 2015 high was […]

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EURUSD- twice rejected at 20dsma seems at 1.1230

The euro advanced against the greenback for 3 consecutive sessions, manage to closes above 100s&ema. At yesterday’s session, the pair rejected at 20Dsma. A rapid rise in euro taken place at yesterday’s Asia’s session. Today […]

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GBPUSD- aiming at 1.5450 and 1.5500 strong resistance seems at 1.5540

The cable made a double bottom gained over 2% in this week, closed above 200Dsma. The weak US dollar helped the pound bulls to edge higher at yesterday’s session as well. Today it is a […]

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AUDUSD- month support finds at 0.6850, buy on dips favors the near term trend

The Aussie dollar successfully utilizes the opportunity from the weaker dollar, closed with 1.4% gains. Australian NAB business confidence index on August 11, before the value 6. Australian NAB business confidence index on August 1, […]

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