Currency Pair Daily Forecasts
EUR/USD Daily Technical Reports
EUR/USD- market strategy can be a sell below 1.3400$
Technical oscillators supporting the bearish trend for the currency pair.
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines have made a bullish cross below the zero line signaling a possible correction. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bearish direction breaking over-sold levels
USD/JPY Daily Technical Reports
USD/JPY- market strategy can be a sell below 103.00
Technical oscillators supporting the bearish trend for the currency pair.
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD maybe approaching a bullish cross below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bearish direction near oversold levels.
GBP/USD Daily Technical Reports
GBP/USD- market strategy can be a sell below 1.7470
Technical oscillators supporting the bearish trend for the currency pair
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD making a bullish cross below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bearish direction.
USD/CHF Daily Technical Reports
USD/CHF-market strategy can be a buy above the level 1.1493
Technical oscillators supporting the bullish trend for the currency pair
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines have made a bearish cross above the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bearish direction.
Finotec Group Inc.
http://www.finotec.com/
Disclaimer: FINOTEC Tradings Market Commentaries are provided for informational purposes only. The information contained within these reports is gathered from reputable news sources and not intended as investment advice. FINOTEC Trading assumes no responsibility or liability from gains or losses incurred by the information herein.
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