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Author Archives: Forex Crunch

Death cross looms over EUR/USD after the recent rise

The EUR/USD continues its upward march, topping 1.1800 and reaching the highest in over two weeks. The pair rides higher on ECB expectations and an upbeat mood while ignoring the data. The technical picture is slightly positive, apart from the ...

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After the big break, the pound eyes 1.3562

With little attention, Sterling continued its upward march and crossed a major hurdle. It now eyes high levels. The Technical Confluences Indicator shows that the move above 1.3428 if confirmed, suggests a substantial breakthrough. The line is the convergence of the Bolinger Band 15m-Lower, ...

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