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EUR/USD fails to climb above 100-hour SMA

<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2069 aligncenter" src="https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-25-at-5.38.03-PM-1024×687.png" alt="" width="831" height="557" />Previous trading session was marked by attempt to elevate the pair above the 1.1780 level amid concerns over President Trump’s tax reform. However, the surge was successfully...

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GBP/USD back below 1.32 mark

<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2064 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-2017-10-24-at-5.25.20-PM.png" alt="" width="865" height="611" />On Tuesday morning the Pound had already lost the previously gained ground against the US Dollar, as the currency exchange rate traded below the 1.32 level. The...

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EUR/USD reaches marked support

<img class=" wp-image-2060 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-2017-10-24-at-5.22.39-PM.png" alt="" width="819" height="544" />There are three facts that need to be described to update the situation. First of all the pair has hit the previously speculated lower trend line of a medium term ascending...

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GBP/USD returns to 1.3200

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...

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EUR/USD finds new cellar at 1.1858

<div class="MN_div"> <div class="MN_content"> <img class="wp-image-2047 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-2017-10-20-at-4.46.01-PM.png" alt="" width="737" height="490" />Although Spanish authorities decided to suspend Catalonia’s autonomy, the common European currency did not show negative reaction to this news. In fact, it bounced off from a combination...

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USD/JPY rushes to the top

<div class="MN_div"> <div class="MN_content"> <img class="wp-image-2043 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-2017-10-19-at-5.03.55-PM.png" alt="" width="804" height="570" />In result of the previous trading session, the Dollar appreciated against the Yen by 0.82%. In result of such advance the pair has practically returned to the 113.20...

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EUR/USD fails to slip below weekly S1

<div class="MN_div"> <div class="MN_content"> <img class="wp-image-2039 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-2017-10-19-at-5.02.09-PM.png" alt="" width="756" height="507" />Initially the currency rate was expected to break through the weekly S1 and try to reach the 100% Fibonacci retracement level. However, a release of worse than expected...

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USD/CAD breaks out of pattern

The previously-drawn channel failed to bound the rate, thus demanding a slight adjustment. As a result, the new channel demonstrates that this pattern was breached late on Tuesday after a massive intra-day fall earlier the day. After bouncing off...

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NZD/USD falls down to 200-hour SMA

NZD/USD remained in the 0.7160/0.7195 area for three sessions prior to plunging down to the 200-hour SMA during the first half of Wednesday’s trading session. All this movement demonstrates the existence of a short-term descending channel. A test of...

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