The H4 chart showed that euro strengthened against the US dollar at the end of last week. On the way up the pair passed the level 1.1130. The analysts from Fort Financial Services said that the pair was overbought.
The bulls will maintain the leadership if they break through the resistance at 1.1200. Their target will be 1.1270.
The bears will regain the initiative if they break through the support at 1.1130. Their target will be 1.1050 and 1.1000.
At the end of last week, the sterling continued its attempt to strengthen against the dollar. Nevertheless, trades ended within the same range limited by 1.3100 - 1.3300.
The bulls will regain the leadership if they break through the resistance at 1.3300. Their target will be 1.3500 and 1.3700.
The bears will maintain the initiative if they break through the support at 1.3100. Their target will be 1.2900 and 1.2700.
The analysts from FortFS said that the 4-hour chart showed that USD/YEN was traded downwards. The level 103.50 was passed under pressure and the support at 102.50 was tested.
The bulls will regain the leadership if they break through the resistance at 103.50. Their target will be 104.50 and 105.30.
The bears will maintain the initiative if they break through the support at 102.50. Their target will be 101.40 and 100.00.
Read the full review on our site:
+$500 FOR TRADING Trade and receive real money for each 10th completed lot USE THE BONUS AND GET THE FOLLOWING BENEFITS: Unlimited withdrawal Compatible with Megaprotect and Deposit Bonus Available for cents and swap-free accounts HOW TO GET BONUS? To have a valid trading account To maintain the minimum account balance of 100 USD Keep trading and receive […]
We are launching the long-awaited rewards program for all subscribers of our social networks – share posts with your friends and get money on your FortFS account as a reward! 🥇 The participants will get the following benefits: • Real money for reposts • The reward is available for withdrawal without restrictions • You can […]