EUR/USD

4 hour

EURUSD

The Greek no vote to the referendum on Sunday created bearish pressure on the EUR/USD but it did not invalidate the ABC (light purple) formation which is the blue support trend line. The green line is the invalidation level for the WXZ (green) count.

1 hour

EURUSD

The triangle pattern (orange and blue) is still valid and holding.


GBP/USD

4 hour

GBPUSD

The GBP/USD continues to fall but the angle of the downtrend seems to be weakening when comparing the angle of resistance (red) trend line with the support one (green).

1 hour

GBPUSD

Wave C (blue) could complete at one of the Fibonacci support levels of X versus W.


USD/JPY

4 hour

USDJPY

The USD/JPY has bounced off of the support level (green) once again and so far is unable to push below 122.

1 hour

USDJPY

The USD/JPY is making a large scale correction and remains located between support and resistance trend lines.

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EUR/USD stays below 1.0800 after upbeat US data

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EUR/USD News

GBP/USD stays in daily range above 1.2600

GBP/USD stays in daily range above 1.2600

GBP/USD fluctuates in a narrow channel above 1.2600 on Thursday. The better-than-expected Initial Jobless Claims data from the US and the upward revision to the Q4 GDP growth helps the USD stay resilient against its rivals and limits the pair's upside.

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Gold clings to strong daily gains above $2,200

Gold clings to strong daily gains above $2,200

Gold retreats from daily highs but holds comfortably above $2,200 in the American session on Friday. The benchmark 10-year US Treasury bond yield stays above 4.2% after upbeat US data and makes it difficult for XAU/USD to preserve its bullish momentum.

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XRP price falls to $0.60 support as Ripple ruling doesn’t help Coinbase lawsuit against SEC

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Portfolio rebalancing and reflation trades emerge into Q2

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