USD/CAD Momentum turns negative

The increasing downward momentum that led the USD/CAD on 4-hour chart, the MACD fell into the red area. These technical conditions would certainly be of no help to you, if the MACD would not are already since at least a week below Zero. This strengthens the prospects for further USD/CAD rate declines. Trend-following traders can […]

GBP/JPY: MACD fails at the prior High

The downside risks to the GBP/JPY higher after the MACD was not able to reach its previous high. In the last few weeks has formed a bearish divergence between GBP/JPY and the MACD, indicating a possible trend change to the Negative. Furthermore, crossed the MACD line in 4-hours, the signal line on the chart from […]

GBP/USD: up currently being capped

FXStreet – The currency pair GBP/USD failed again at the psychologically important 1.30 mark, and marked in early American business, a new daily low at 1,2944. Most recently it was listed on 1,2951 and, therefore, 0.22 per cent in the Minus. The persistent buying interest around the US Dollar, which is backed by rising expectations […]

EUR/GBP: perspective is neutral to bearish – Commerzbank

FXStreet Karen Jones, head of Technical analysis at Commerzbank, explained that the perspective for the currency pair in the short-term neutral to bearish. Important Quotes: The currency pair EUR/GBP is listed under the smoothing lines in the Form of the 55 – and 200-day line (act. in the case of 0,8550/97), which are reinforced by […]