BalticForex

BalticForex

EURUSD remains neutral for the moment. Break of 1.063 will continue a deeper fall to 1.0515. On the upside, break of the strong resistance line at 1.083 will resume the uptrend.

BalticForex

USD/JPY is losing a bullish momentum after USD had hit a six-month high at 140.93. Break of 138.22 will confirm a bearish trend. In the long term, this currency pair will move between 151.93 and 127.20 for the next few years.

BalticForex

Over the last 12 months, its price rose by 15.42 percent. CHF/JPY is heading towards the resistance line at 156.14. Looking ahead, we forecast Swiss Franc Japanese Yen to be priced at 158.46 in one year, according to Trading Economics global macro models projections and analysts expectations.

BalticForex

NZDJPY rising strongly after the price broke the key resistance level at 86.00. NZDJPY can be expected to rise further toward the next resistance level at 87.50. The key resistance level is now 88.20.

BalticForex

Based on various geopolitical and economic factors, Bitcoin is going to drop hard within the next 2 weeks.

BalticForex

The trend is bearish. Over the last 12 months, its price fell by 2.65 percent. We are facing multiple resistance levels at 1.0758, 1.081 & 1.0836.

BalticForex

The US Dollar's share of the global market has decreased from 71 percent to 59 percent over the last two decades while the Japanese currency strengthening over time. 138 is a very important resistance level for this pair that should not be broken.

BalticForex

A breakdown of May 12 low at 0.6182 will further drag the price toward May’s low at 0.6160 followed by April 26 low at 0.6117. The Relative Strength Index (RSI) (14) is signaling further weakness ahead.

BalticForex

Downside should be contained above 0.9704 to bring rebound. EUR/CHF can reach a strong resistance level at 0.9995. Also we have some medium resistance levels at 0.9845 and 0.9933.

BalticForex

The trend of EURNZD is still bullish while it's standing above the strong support zone between 1.71 and 1.717.

BalticForex

The pair is showing bullish sequences in the cycle from the August 2022 low. Our goal is to reach 1.4921 again. We recommend to avoid selling but keep in mind that we are facing a strong support level at 1.462. If it gonna break that level it could reach a level at 1.4497.

BalticForex

The upside trend is broken. XAUUSD is going towards 1960, 1900 & 1805. The ABCD pattern is very likely in the near future for XAUUSD.

BalticForex

EURJPY will stay cautiously bullish as long as 142.53 support holds. If it breaks this point, EURJPY will change the trend to bearish until 138.9. We have a good risk:reward ratio for a sellers.

BalticForex Updated 

GBP/USD has been rising steadily since early March after bouncing off technical support, but now sellers could retake control of the market. We have a few strong resistance levels at 1.252 & 1.266 and a few strong support levels at 1.182 & 1.174. So it's a perfect risk:reward ratio for a sellers.

BalticForex Updated 

Buy CHFJPY at 116.400 SL: 115.800 TP: 117.400

BalticForex Updated 

1 POSITION: Sell CADJPY at 87.230 SL: 89.230 TP: 85.230 2 POSITION: Sell CADJPY at 87.830 SL: 89.230 TP: 85.230

BalticForex Updated 

Sell XTIUSD at 65.500 SL: 70.500 TP: 55.500

BalticForex Updated 

Sell GBPJPY at 148.400 SL: 151.900 TP: 142.400