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Outlook for EUR/USD on August 30
Monthly chartOn the monthly time frame, there is a strong bearish trend and it is hard for the price to change it because it has been following it for quite a while. The price may rebound during the coming weeks, and the trend line may touch a strong supp...
1 month ago
GBP/USD: outlook on September 2
Monthly chartIn the monthly time frame, the GBP/USD pair broke a downtrend line that lasted for more than 10 years. However, this break could be false and GBP/USD will not be able to continue rising after this break. It is targeting liquidity above the tr...
1 month ago
GBP/JPY: outlook on September 3
Monthly chartThe GBP/JPY pair bounced strongly from a strong supply area as soon as it was touched. It is expected that a small correction will occur to fill the imbalance and then, the instrument will continue the decline because the general trend is bea...
1 month ago
AUD/USD: outlook on September 4
Monthly chartThere is also a good zone for a decline in the four-hour time frame at the level of 0.673, which meets the 38.2 Fibonacci level at this order block, which supports the bearish movements from this area. But it is before the order block on the...
1 month ago
USD/JPY: outlook on September 5
Monthly chartOn the monthly time frame, there is a strong upward trend and there is no indication of weakness in this trend, so this upward movement is expected to continue. In the past two months, the currency pair went through some downward corrections....
1 month ago
EUR/USD: outlook on September 9
Monthly chartOn the monthly time frame, the EUR/USD pair still has not been able to break the order block located at the downtrend. This area is considered strong, hence, the price will likely rebound from it to continue the downtrend after that. This dec...
1 month ago