As expected the euro started moving towards the upside, reached our first confirmation point, and is yet to reach our projected targets.
Virtually all technical indicators suggest that this rise is … Continue Reading
On Thursday`s session Cable continued its slow movement. It surely has been a slow week -so far- for Cable but we anticipated an upwards correction and choppy price action is an integral part of a … Continue Reading
The euro showed more weakness this week, moving in an impulsive manner towards the downside, and forming a new 8-month low.
Price has now reached a cluster of support levels, including several … Continue Reading
Last week Cable unfolded as expected and both targets were reached and exceeded.
Cable has been diving head first since mid-July and we expected that downtrend, however we should be asking … Continue Reading
As expected, the EUR/USD market witnessed another month of very strong decline, where the euro lost over 365 pips of its value. This development confirms and supports our longer-term view for the … Continue Reading
Over last month, Cable unfolded towards the upside as expected and it fell short of the specified target by 8 pips before reversing directions and moving towards the downside.
The short term view … Continue Reading
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