As the FOMC Meeting did not bring any unexpected news, the surge of the rate was limited. In other words, the pair once was stopped by resistance barrier at the 114.24 level. The fully-fledged rebound did not happen as...
<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2117 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/11/Screen-Shot-2017-11-02-at-6.27.37-PM.png" alt="" width="690" height="463" /> Contrary to expectations, none of the yesterday’s fundamental events led to notable price movements. In other words, the currency rate remained in a limbo between resistance...
As apparent on the chart, the sluggish Canadian GDP data release mid-Tuesday pushed the pair back in the channel up which was breached earlier in the session. However, the pair’s failure to move past the 1.29 mark for several...
<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2109 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-31-at-6.00.49-PM.png" alt="" width="661" height="462" />The first arrests made in result of Robert Mueller’s investigation as well as anticipation of the upcoming interest rate hike helped the pair to prematurely break through...
<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2104 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-31-at-5.58.36-PM.png" alt="" width="776" height="547" /> On Tuesday, the Bank of Japan left the interest rate, target inflation and core inflation forecast unchanged. In other words, they still amount to -0.1%, 2%...
<div class="MN_div"> <div class="MN_content"> <img class="wp-image-2101 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-30-at-5.04.42-PM.png" alt="" width="859" height="607" />From technical perspective, the pair had all means to reach the bottom trend-line of a dominant ascending channel. A release of better than expected information about the US...
As the FOMC Meeting did not bring any unexpected news, the surge of the rate was limited. In other words, the pair once was stopped by resistance barrier at the 114.24 level. The fully-fledged rebound did not happen as...
<img class="wp-image-2083 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-26-at-1.10.49-PM.png" alt="" width="699" height="496" />Although the currency exchange rate was fluctuating in an ascending triangle, releases of better than expected American data forced the pair to stop testing the weekly R1 at 114.19 and make a...
<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2079 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-26-at-1.08.36-PM.png" alt="" width="735" height="493" />Despite a release of better than expected US purchase orders data the currency rate did not manage to bypass the 55-hour SMA and soared in the opposite...
<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2074 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-25-at-5.40.52-PM.png" alt="" width="662" height="470" />In result of the previous trading session, the exchange rate has finally made a breakout from the medium-term ascending channel. The plunge was caused by a rebound...
