The euro got under pressure on the back of the strong dollar. The pair traded below the level 1.1200, barely touching the support 1.1130. Sellers have the ball now.
Buyers will have control if they break the resistance 1.1200. Buyers’ targets are 1.1270 and 1.1350. If sellers manage to break the support 1.1130 they will lead the price to 1.1070 and 1.1000.
Technically, the GBP/USD is under pressure. The pound showed mixed dynamics on Tuesday. The price went back and forth in a narrow range between the current resistance at 1.3100 and the mark 1.3050.
An uptrend will start as soon, as the pair rises above the resistance level 1.3100. A downtrend will start as soon, as the pair drops below the support level 1.3050.
The dollar strengthened due to the positive data in the USA. The price rallied and set new highs on the Tuesday’s trades. Indicators give a buy signal now.
If the USD/JPY pair breaks the 103.50 mark we will place buy orders. In this scenario buyers will aim at 103.50. To trigger downward momentum sellers need to return below 102.00.
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 […]