flag-gb flag-my flag-zh flag-id flag-th flag-vi

CURRENCIES TECHNICAL ANALYSIS September.06

Euro

The euro got under pressure on Monday. The price spent the day below 50, 100 and 200 EMAs. The EUR/USD approached the support at 1.1130 by the end of the trades.
If the pair breaks the current support the downward movement will continue towards 1.1070. Shall the price grow above 1.1200 and buyers will lead the price to 1.1270.

06_09_2016_eurusd

Pound

The pound grew on the back of the strong statistics on Monday. The sterling rallied and tested the resistance 1.3360 where it bounced downwards and erased some of its gains. Nevertheless, the pair closed the day in green figures.
The level 1.3360 is its immediate resistance. Should the GBP/USD break the level and the price will extend its growth to 1.3400. The instrument also can fall to 1.3200 where it may turn around and return to the growth again. Controversially, the pound will decrease to 1.3100.

06_09_2016_gbpusd

Yen

The USD/JPY traded close to the recent highs on Monday. The pair lost some of its gains due to the weak dollar. The level 103.50 is its current resistance, the level 102.50 is its support.
If the price breaks the resistance the way towards the mark 104.00 will be opened. Alternatively, the instrument will decrease to 102.50.

06_09_2016_usdjpy

Read the full review on our site:
https://www.fortfs.com

Latest news

$10000cents No Deposit Bonus to your trading account!

2019-11-18 13:53:19

Only during Black Friday, November 29th, take advantage of the unique offer from FortFS: get a bonus of $10000 cents without depositing your own funds!

Deposit Bonus 200%

2019-11-13 11:27:10

Dear Clients! Only until December 01, a threefold increase in the deposit amount is available for all FortFS customers! Use the advantage to engage for the unique offer within a limited period: activate the deposit bonus and get up to 200% on the deposit amount on your trading account! How to get a Deposit Bonus […]