C.Harmer, analyst at Charmer Charts, admits that Thursday’s failure to break above 1.0150 has added downside pressure to the cross, depicting now a double bottom in all but daily charts. “This double bottom should hold this time…and provoke a mov…
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1 0 Tag Archives: downside 
Citi says USD/JPY at risk of blowout decline – forexlive.com
The technicians at Citi FX say they are increasingly worried about a sharp fall … In my opinion, the monthly USD/JPY chart shows the potential for a further downside correction, at the very least. They also see vulnerability in yen crosses …
Forex – Chart USD/THB Update: Pressure turning towards downside – FXStreet.com
Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …
Forex – Chart USD/SGD Update: Intraday rebound but risk stays on the downside – FXStreet.com
Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …
Forex: GBP/USD further downside expects if 1.6072/65 is trespassed – Charmer Charts – FXStreet.com
C.Harmer, analyst at Charmer Charts, comments that at 1.6120, technical studies show overbought levels in the cross, therefore she would expect the pair to correct lower. “We would then like to see the market down to 1.6072/65…and if we fail we see…
Forex – Chart AUD/JPY Update: Intraday trade increasing downside pressure – FXStreet.com
Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …
Forex – Chart USD/CNY [CN] Update: Consolidation with bias downside – FXStreet.com
Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …
FX EUR/GBP: Talk of very large M&A approach – FXStreet.com
EUR/GBP off its lows but only after losing 30+ pips to 0.8353. Still looking at a tentative bull bias on the daily charts but failure to take out the 0.8400 level soon will place the emphasis back on the downside.”
Forex – Chart USD/KRW Update: Intraday trade retains downside pressure – FXStreet.com
Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …
Forex – Chart USD/SGD Update: Pressure turning towards downside – FXStreet.com
Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …