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Author Archives: Forex Crunch

Ethereum Price Analysis: ETH/USD goes down by 10%

ETH/USD went down from $264.75 to $239.40 this Friday. ETH/USD reached a low of $224. Ethereum had a roller coaster of a Friday as it went down from $264.75 to $237.85, charting a 10% decrease in price. ETH/USD went down from ...

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USD/JPY recovery capped as trade wars escalate

USD/JPY has managed to stabilize despite further blows in the trade war. The Fed meeting minutes, durable goods orders will join the trade concerns in moving markets.  The technical outlook remains bearish for the currency pair and experts are bearish ...

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GBP/USD may extend its falls as PM Johnson is feared

GBP/USD dropped sharply as PM May is getting closer to leaving. Apart from Brexit, US-Sino trade relations, and UK inflation stand out. The technical outlook is now fully bearish for the currency pair. Experts are mostly bullish after the fall. ...

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Forex Weekly Outlook May 20-24

The trade war between the US and China worsened after China retaliated and markets rattled. What’s next? Apart from trade and Brexit, the FOMC minutes, US durable goods orders, and other events will rock markets Here the highlights for the ...

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Boris Johnson may do a De-Gaulle on Brexit

UK PM May is set to step down and Boris Johnson is the leading candidate to replace her. The erratic former Foreign Secretary may increase GBP/USD volatility. Despite his Brexit credentials, he could still lift the pound. After a tear-provoking ...

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Boris Johnson weighs on GBP/USD

GBP/USD trades at four-month lows amid a deteriorating political outlook in the UK. Cross-party trade talks and US-Sino negotiations are both set to collapse. However, the four-hour chart shows oversold conditions, implying a temporary bounce. “Boris Johnson, PM”, is a ...

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EUR/USD set to collapse alongside US-Sino talks

EUR/USD is struggling as the market mood worsens on growing trade row. Apart from trade, US consumer sentiment is also eyed. Technically, the currency pair hangs above a critical double-bottom. As long as the US and China continue talking, the ...

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GBP/USD faces an uphill struggle, like May

GBP/USD dropped on the growing chances that UK PM Theresa May will be forced to quit within a month and as her successor may be Boris Johnson, a staunch supporter of Brexit. What levels should we watch? The Technical Confluences Indicator shows that ...

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