GPB/USD Morning Technical Report 9/2/2016
ecPulse
2016-02-09 09:42AM UTC
The bearish pressures become stronger with trading below SMA20 and SMA50, but stability remains above 23.6% Fibonacci at 1.4350.
ADX is negative, while RSI moves bearishly and that suggests further downside moves following yesterday’s bullish attempts failure.
We need to see a breakout below 1.4350 to extend the bearish moves, while coming above 1.4225 will be bullish.
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...
Forex
The EURJPY hovers around the barrier – Forecast today – 17-5-2024
2024-05-17 07:10AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair took advantage of stochastic ...
Forex
The GBPJPY renews the positive action – Forecast today – 17-5-2024
2024-05-17 07:09AM UTC