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EUR/USD Daily Chart Has Micro Double Top

The EUR/USD daily Forex chart is forming a micro double top with Friday’s high. The bears need a strong reversal down over the next few days. Otherwise, a bull flag and another leg up are more likely. The EUR/USD daily ...

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GBP/USD Taking A Breath Before Next Move

As the GBP/USD is moving in tandem with EUR/USD and the ECB officials send Dovish signals regarding Euro’s current strength, both currency pairs are likely to move sideways for now. Technical oscillators are painting picture of a corrective move sideways ...

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FX levels to watch – EUR/USD, EUR/GBP and USD/JPY

The dollar has started showing some signs of a resurgence, while EUR/GBP looks likely to turn lower, following a rally into the top of a channel. EUR/USD has sold off sharply overnight, with the price moving towards the crucial $1.2195 ...

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