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Below is copy from FXopen daily forex Analytics:
The EURUSD made another indecisive weekly movement this week, formed a Doji on weekly chart. On daily chart below we can see that the pair still trapped in range area of 1.4405 – 1.4180. We need a break from the range area to have a clearer view whether [...]
below is the daily forex Analytics from FXOpen
USDCHF Forecast
The USDCHF made indecisive movement yesterday. The pair attempted to push lower, bottomed at 1.0544 but further bearish scenario was rejected as the pair whipsawed to the upside and closed higher at 1.0617. On h4 chart below we can see that the pair still trapped in a [...]
The GBPUSD had a bullish momentum yesterday, topped at 1.6298 and closed at 1.6264. On daily chart below we can see that the pair is struggling around the trendline support (blue) and 23.6% Fibo retracement (of 1.3653 – 1.7042) around 1.6250 area. The price is now testing the upper line of the bearish channel (red [...]
