LimitMarkets

LimitMarkets

Parity still in the rising channel but currently we are testing lower bad of channel. 0.9800 and 0.9720 supports will be important in the case of a breakout to the downside.

LimitMarkets

Parity reached the previous highs and struggling to continue. 7.20 - 7.25 area will be important for the continuation of upward price movement. If we can't see closing above that zone price might test previous lows. 6.95 and 6.90 supports will be closely watched in this scenario.

LimitMarkets

Parity reached the previous significant top. After first touch, upward price movement lost momentum. Price movement can continue to fall till %50 Fibonacci retracement at 131.40.

LimitMarkets

Parity went below the 50 Daily MA once again. As long as we stay below the 73.40 resistance price might try to reach 71.20 area.

LimitMarkets

Euro is set to test the upward band of the falling channel ahead of the week's important developments that may create fluctuations for the pound. 0.8870 that aligns with the 50 EMA is in the focus as the price moves up. We might later watch 0.8900 as a solid line of resistance.

LimitMarkets

Parity bounced back from %50 Fibonacci retracement. Currently, we are testing the upper band of our triangle formation. If we cannot see closing above that formation price might test the lower band again. In this scenario, we will focus on 5.6500 support.

LimitMarkets

After trade war issue parity started to this week with a huge downside movement. Currently, we are watching previous bottoms at 1.0920. As long as we stay below 1.1020 level bearish price movement can continue.

LimitMarkets Updated 

Parity ready to bounce back after drastic dropdown. As long as we stay in big formation we can expect upward price movement. 1.6300 level will be important in this scenario. We will continue to follow 1.6000 support as a decision area.

LimitMarkets

Parity decide to stay in big diagonal formation. In addition we are one step below the 50 daily MA. If downside price movement continue we will focus on 06550 support.

LimitMarkets

After the breaking of the downtrend price movement couldn't stay above the 50 daily MA. Currently, we are testing the same line again. 0.8940 and 0.8900 zone will be watched as an important support zone. 0.9070 - 0.9090 zone will try to block upside price movement.

LimitMarkets

Precious metal price in Euro is set to re-test the 23.60 retracement level again in a bid to break out of the triangle-shaped formation. If the price persists above that line, we will follow 1365. The second upward target in that case will be 1368 that corresponds with the 38.20 retracement.

LimitMarkets

The pound sterling is set move up again within the latest rising channel shown in read ahead of the US Federal Reserve's rate decision. The pair price is currently within striking reach to the earlier-tested 1.2470. Once we exceed that, 1.2500 will be followed.

LimitMarkets

Parity reached our big falling channel formation. At first touch, we saw huge reject on that area. As long as we stay below 82.00 zone price might reach 80.15 bottom again.

LimitMarkets

Parity broke falling channel and aiming 1.1100 area. 50 moving average level try to keep under pressure current price movement. If price action cannot go above the 50 MA we might see new dips around 1.0880.

LimitMarkets

Oil prices jumped almost 20 percent at the week’s open after the weekend drone attacks on Saudi production facilities that halved the country’s output. Brent oil reached 68.00 dollar area. We might see a small correction movement before the 68.50 resistance break. 65.30 - 65.00 zone will try to hold downside price movement.

LimitMarkets

Parity broke previous falling channel but we are still in correction pattern. Price action will try to break Fibonacci retracement levels. But as long as we stay inside of the correction movement we might see the continuation of downward price movement. 1.8000 level will be the most important level in this scenario.

LimitMarkets

After CBRT's rate decision parity start to fall. After ECB's decision, we tested new dips. But the last day of this week we are still in the same pattern. As long as we stay below the 6.35 level price movement will like to see new bottoms. 6.25 and 6.20 levels will be important in the case of continuation of the downside walk.

LimitMarkets

Parity's current pattern is changed. Currently, we are watching falling channel formation. Price movement touched the upper band of falling channel. If price movement can stay above the 1.1100 level we might expect to the continuation of upward price action. 1.1170 and 1.1200 zone will be carefully watched in this scenario.