EUR/USD Forecast for June 18, 2013

eurusd h4 chart

The EUR/USD pair is currently in a continuously five-week up trend. At this moment, the pair is trading around 1.3355 level and facing a resistance near the psychological level at 1.3370. During the last week, the EUR/USD pair has been trading in a range area between key support 1.3270 and 1.3370 resistance level. The pair is currently responding to the 30 ... Read More »

NZD/USD Forecast for March 05, 2013

nzdusd forecast

NZD/USD pair rose today and currently retesting resistance level around 0.8320, but kiwi gains remain limited, the pair broke the dynamic resistance of MA 30 and MA 50, and trading around 0.8320 level – last week’s height. RSI is above level 50. Read More »

GBP/USD Forecast for March 05, 2013

GBP/USD forecast

GBP/USD pair continues rising towards a strong key resistance around 1.5200 during the European session today after a positive PMI. GBP/USD is still trading neutral, near term target is the key resistance around the psychological level at 1.5000. Read More »

EUR/USD Forecast for March 05, 2013

EUR/USD technical analysis

EUR/USD rose today to the resistance level around 1.3077 from yesterday’s low at 1.2980. The overall trend is still down without showing any weakness. The pair is still trading below MA 30, MA 50, and MA 100. RSI has breached level 50 and changing direction to downside. Read More »