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Author Archives: Forex Crunch

EUR/USD targets 1.1202 if it doesn’t recover quickly

EUR/USD fell sharply on a mix of bad news from Italy, Brexit concerns, and the ongoing strength of the US Dollar. While it bounced off the lows, there is some hesitance. What’s next? The Technical Confluences Indicator shows that the pair needs to ...

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GBP/USD downed on Brexit concerns, 1.2830 is next

The GBP/USD kicked off the new week with another weekend gap, this time to the downside as there are concerns that the British government is torn over the Brexit approach. After slipping below 1.2900, what’s next? The Technical Confluences Indicator shows that cable has ...

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