Market Forecast 25/10/2017

EUR/GBP is eyeing further gains above 0.8975 and USD/CHF remains in a major uptrend above the 0.9875 support level. EUR/GBP Forecast – Euro Eyeing Further Gains Key Points The Euro after forming a base around the 0.8880 level against the British Pound started an upside move. There was a break above a short-term bearish trend… Continue reading Market Forecast 25/10/2017

Market Forecast 16/10/2017

EUR/GBP remains in a bearish trend below 0.8940 and USD/CHF is attempting an upside break above the 0.9770 resistance. EUR/GBP Forecast – Euro Remains in Downtrend Key Points The Euro started a new downtrend from the 0.9030 swing high against the British Pound. There is a declining channel forming with resistance at 0.8880 on the… Continue reading Market Forecast 16/10/2017

Market Forecast 02/10/2017

Euro is moving higher versus the British Pound and EUR/GBP might soon retest 0.8840. USD/CAD is approaching a crucial upside break above 1.2530. EUR/GBP Forecast – Euro to Retest 0.8840? Key Points The Euro is recovering and is currently trading above the 0.8800 level against the British Pound. There is an expanding triangle forming with… Continue reading Market Forecast 02/10/2017

Market Forecast 25/09/2017

EUR/GBP is under pressure, but holding the 0.8780 support. AUD/USD is moving down and likely to trade towards 0.7920-10 in the near term.   EUR/GBP Forecast – Euro Holding Crucial Support Key Points The Euro is under a lot of pressure and recently traded below 0.8840 against the British Pound. There is a major bearish… Continue reading Market Forecast 25/09/2017

Market Forecast 20/09/2017

EUR/GBP likely completed a correction and would resume its downtrend below 0.8880. USD/CHF is under pressure and approaching a short term break below 0.9600. EUR/GBP Forecast – Euro To Resume its Downtrend Key Points The Euro has started a major downside move and is currently trading below the 0.8900 handle against the British Pound. There… Continue reading Market Forecast 20/09/2017

Market Forecast 11/09/2017

EUR/GBP Forecast – Euro To Retest 0.9080 Vs Pound? Key Points The Euro after an impressive bullish run towards the 0.9300 level against the British Pound found sellers. There are two bearish trend lines positioned on the upside at 0.9175 on the hourly chart of the EUR/GBP pair. Today in the Euro Zone, the Italian… Continue reading Market Forecast 11/09/2017