LimitMarkets

LimitMarkets

The pair price has lost significantly during the past several sessions. For now, 67.20 seems to be a solid support down below near the lower line formed recently. From there we can expect a rebound for 67.40 and later 67.60

LimitMarkets

British pound's losses extend deeper as the EU and London spar over not reaching a Brexit deal. The pair price attempts to break through 1.2200 level at 61.8 Fibo level. If the pair manages to break it and persists there, then 1.2180 and 1.2160 might be followed.

LimitMarkets

The pair price is squeezed within the forward-looking triangle as the euro pushes upwards for a breakout. 1.6300 at 23.6 Fibo retracement will prove crucial for the direction the price takes. Further up, keep an eye on 1.6315 on the upper triangle line.

LimitMarkets

Parity broke the previous formation and started to climb. We will focus 5.80 and 5.85 resistances in the case of the continuation of upward price action.

LimitMarkets

Parity started to form a correction formation jut above the big rising channel formation. 1.6370 - 1.6400 area will closely be watched to the continuation of downside price movement 1.600 and 1.5920 supports will be important in the case of downside price action.

LimitMarkets

Dollar index loosing momentum and reaching lower band of rising channel. If we go beyond 98.60 support index will aim 98.00 dips.

LimitMarkets

Precious metal's last rally induced by the new trade war front between the US and EU is likely to go ahead despite depending on Brussels' response to further US threats and its olive branch for talks. Bad data from both sides of the Atlantic keep the appeal for gold up. As such, 1506 at the 61.8 Fibonacci and later 1512 will be followed in upwards price action.

LimitMarkets

The UK pound is rallying on the half-welcoming EU attitude to PM Jonhson's new Brexit proposal. However, the rise seems to have reached its limits and it can turn into a sell-off. In that case we are to follow 1.2340 and later 1.2300 levels.

LimitMarkets

Parity reached our first target at 131.80. Fibonacci retracement levels will try to push price movement to the upside. We can see another upward movement towards to 133.50 resistance.

LimitMarkets

Precious metal bounced back below the 1480 level and continue to climb. 1500 - 1505 area will be important for the next impulsive movement. 1485 and 1480 supports will try to hold selling pressure.

LimitMarkets

Parity broke a small triangle and aiming new bottoms. 6.85 and 6.70 supports will be important in the case of drastic decline. Otherwise, we will focus on MA resistance at 7.10.

LimitMarkets

After a sharp decline parity reached an upper band of a falling channel. 82.00 - 82.20 area will be important resistance zone we should follow. As long as we stay below that zone bearish behavior will be active.

LimitMarkets

The 0.9950 level appears to be as strong resistance in USDCHF that has reached the upper band along with the rise in the dollar index. In the current price movement, a sell pressure may occur due to short-term profit realization. 0.9900 will be followed in a downward movement for support. We will continue to monitor the 0.9950 and 0.9985 levels as resistance in...

LimitMarkets

Precious metal went outside of the rising channel. If we continue to stay below 1510 important level price might reach 1485 - 1480 area again.

LimitMarkets

Parity reached a lower band of the rising channel. Price movement can continue to climb till 4.05 level. If we see a decline below to 4.00 level price might continue to fall.

LimitMarkets

Parity couldn't be reached to the previous top. As long as we stay below 1.3320 top price movement might aim 1.3140 support.

LimitMarkets

Parity reached our target and start to bounce back from important support. As long as we stay above 19.30 level 19.80 resistance will be on our radar.

LimitMarkets

Parity lost upward momentum. We will carefully watch 1.2120 - 1.2100 area as a support zone. As long as we stay below 1.2350 top price movement continue to fall.