Forex Analysis for EUR/GBP
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21.01.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Hammer, close to the support level, EURUSD may reverse in the form of another rising impulse. The upside target may be at 1.2180. After t...
21.01.2021
7
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook. Fibonacci Levels XAU/USD: weakness for gold is gaining momentum with sellers to keep price below 23.6% retracement area. US Market V...
18.01.2021
6
Ichimoku Kinko Hyo CAD/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook. Fibonacci Levels XAG/USD: Silver breaks down many support levels and stands just above 23.6% retracement area. EU Market View Asian ...
18.01.2021
0
18.01.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the descending tendency continues. Right now, after forming several reversal patterns, such as Hammer, close to the support level, EURUSD may reverse in the form of another rising impulse. The upside target may be at 1.2145. After ...
18.01.2021
0
14.01.2021XAUUSD, “Gold vs US Dollar”XAUUSD is trading at 1842.00; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1850.00 and then resume moving downwards to reach 1795.00....
14.01.2021
45
13.01.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Engulfing, close to the support level, EURUSD may reverse in the form of another rising impulse. The upside target may be at 1.2310. Afte...
13.01.2021
4
Off the radar Throughout the entire year 2020, Brexit has been one of the main headlines in the media. Eventually, during the very last week of December, the UK-EU deal was agreed. A couple of weeks passed since then, and we hardly hear of Brexit since. In the meantime, its effects will start manife...
12.01.2021
16
06.01.2021EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Doji, close to the support level, EURUSD may reverse in the form of another rising impulse. The upside target may be at 1.2370. After tha...
06.01.2021
3
28.12.2020EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Engulfing, close to the support level, EURUSD may reverse in the form of another rising impulse. The upside target may be at 1.2325. Afte...
28.12.2020
11
25.12.2020EURGBP, “Euro vs Great Britain Pound”EURGBP is trading at 0.8992; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.9020 and then resume moving downwards to reach 0.8880....
25.12.2020
13
The Brexit deal can be reached on December 24, according to media reports. EU-UK talks will continue trying to find a compromise on fisheries and the level playing field. The question is how much fish the EU will be allowed to catch in the UK waters. Last week, the UK pressed the EU to agree on a 60...
23.12.2020
16
23.12.2020EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the ascending tendency continues. Right now, after forming several reversal patterns, such as Engulfing, close to the support level, EURUSD may reverse in the form of another rising impulse. The upside target remains at 1.2300. Aft...
23.12.2020
3
Another weekend missed – another deadline missed. “Differences remain”. So, the pound dropped – here is what we have. Against the US dollar, it was at the highs of 1.36 as the weekend was rolling in. But the deal wasn’t being rolled into the negotiations table, so the optimism left. As did GBP/USD: ...
21.12.2020
3
18.12.2020EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the correction within the ascending tendency continues. Right now, after forming several reversal patterns, such as Shooting Star, close to the horizontal resistance level, EURUSD may reverse in the form of another correction with ...
18.12.2020
1
EUR/USD: decade’s end The year 2020 started with the EUR/USD touching the bottom of 1.08 as it was making the way for the downtrend through the entire 2019. After a fierce shock easily visible as heavy fluctuation in February-March, the pair reversed and started actively marching upwards. Eventually...
15.12.2020
1
15.12.2020EURUSD, “Euro vs. US Dollar”As we can see in the H4 chart, the correction within the ascending tendency continues. Right now, after forming several reversal patterns, such as Hanging Man, close to the horizontal resistance level, EURUSD may reverse in the form of another correction with th...
15.12.2020
3
10.12.2020EURUSD, “Euro vs US Dollar”On H4, the pair keeps correcting in the ascending dynamics. The pair returned into the borders of the channel and at the support level formed several reversal candlestick patterns, including a Doji. Currently, the reversal patterns can drive the price into anothe...
10.12.2020
0