Technical Analysis Report - EUR/USD
23/08/2016 // 07:04:56 am
The market bounced back and regained most of the losses and return to resistance level 1.1312-1.1320 area after the downfall at the beginning of the session.
Last week the final consolidation above 1.1320 failed to happen. Today's upward pullback from 1.1272 to 1.1312 could be a result of the closing stops.
The currency pair, EUR/USD continued to stay positive as the pair is trading above the 61.8 Fibonacci extension. The market may climb upward and downward movements are both possible.
29/09/2016 // 07:44:21 am
Pound was weighed by Shafik’s dovish comments (the BOE deputy) as
29/09/2016 // 07:41:12 am
On wednesday, the US currency dollar rose because of profit fixati
27/09/2016 // 10:33:13 am
The dollar remained under pressure against its major rivals as stocks