Fx Charts

From a technical point of view, and on her words, “The 4 hours chart shows an increasing bearish tone, as per price being capped by 20 SMA and indicators heading lower below their midlines. A break below 1.6155, yesterday’s low, should signal a bea…

Technically speaking, Valeria Bednarik, Chief Analyst at Fxstreet.com, notes: “hourly chart shows indicators turning slightly higher although price remains below 20 SMA. In the 4 hours chart indicators turned flat in positive territory, while 20 SMA …

According to Valeria Bednarik, Chief Analyst at Fxstreet.com, the pair: “holds an overall bullish tone, as per hourly chart trading above 20 SMA While indicators hold in positive territory. In the 4 hours chart is clearer an ascendant channel …

Some falling trend-line resistance has already been broken on the daily chart and the 10-Day SMA looks to be on the verge of crossing back above the 20-Day SMA to provide added confirmation for short-term bullish structural shift. Setbacks …

where the 20 SMA in the 4 hours chart may halt the rally. “Only a break below 0.9386, daily low, should deny the correction and push the pair lower towards the 0.9300 price zone”. Make significant savings on your international money transfers …

Current rate stands at 77.20, virtually unchanged as investors try to gauge what direction the FX winds will flow next … if the pair holds above mentioned static support. 4 hours chart shows price above a clearly bullish 20 SMA while …

“Stocks are off daily lows following latest positive US data, giving the GBP/USD strength enough to regain the 1.5600 area, currently testing 1.5630 strong resistance area, as per daily high along with 20 SMA in the 4 hours chart, the level should ho…

EUR/USD: The sharp pullback below the July lows and establishment below the 200-Day SMA solidifies the prospects for the carving of a major lower top on the monthly chart which now ultimately projects additional declines down towards the 1.2000 …

“Technical charts favor the slide as the bearish tone seen in 4 hours chart is mostly intact while far from oversold”, said Bednarik. “To the upside now, the pair will find short term resistance at 1.5920, while only above 1.5980, 20 SMA in the 4 hours…

“Slightly higher yet still in past day’ range, USD/JPY hourly chart shows momentum flat around the 100 area, giving no tips on direction today”, said Valeria Bednarik, chief analyst at FXstreet.com. “Above 20 SMA gaining a limited bullish slope, the up…