The bearish scenario prevailed on Monday. The price turned around at the level 1.1200 and advanced south. The resistance is seen at 1.1200, the support stands at 1.1150.
The bearish trend remained intact. If the price breaks the level 1.1150 the EUR/USD pair will fall to 1.1100.
The pound remained within a red territory. Sellers consolidated their gains after a sharp decrease on Friday. The current resistance is seen at 1.2400, the support lies at 1.2300.
The overall tone remains bearish. Sellers will try to push the price lower. Their next target is the level 1.2300.
The USD/JPY closed bullish yesterday. The price retreated from the daily low and rallied towards 103.50. The currency pair broke the level 103.50 and extended its gains to 103.60. The resistance is at 104.30, the support comes in at 103.50.
A daily close above the level 103.50 will open the way towards the immediate resistance at 104.30. A return below the level 103.50 will put on hold bulls’ plans.
Read the full review on our site:
FortFS brings back the Ultimate Cashback promotion! The promotion is aimed to get the balance compensation per each trade closed with the negative result. Compensated amount is fixed and is equal to 8,88% of the loss amount. All compensations are credited into the trading account automatically. The promotion is available on FORT and FLEX accounts. […]
Dear traders and partners, FortFS extends deadlines for the reduced spreads! From July 19 to September 30, 2019, spreads for the 4 most popular currency pairs are: EURUSDf: 0.8 GBPUSDf: 0.9 USDJPYf: 1.0 XAUUSDf: 3.5