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    • Dr.Zain replied Mar 6, 2017

      Euro is supported (since Fridays move) by the rising 50-period moving average at $1.0594 on a 30-min chart. If the pair goes South to 1.0570 would turn the intraday outlook to bearish with a first target set at $1.0540 and a second one set at ...

      EURUSD
    • Dr.Zain replied Mar 2, 2017

      In the chart candles are daily candles!!!! Bulls are defending at 61% retrace, yes if they fail or succed Euro heading south in near term imo on geo political grounds, technicals seems not at work for the time being.

      EURUSD
    • Dr.Zain replied Mar 1, 2017

      [quote=Dr.Zain;9611516] A breakdown of support at 2347 (Feb 7 low) would leads towards 2300. A violation there could open the wide doors to 2260 (Jan 20 low). The Pair hits 2260 & next is seems 2170 as E mentioned in a post, market fears from brexit ...

      Cable Update (GBPUSD)
    • Dr.Zain replied Mar 1, 2017

      2170!!! not 2250? I am copying and pasting my previous post:- """"The pair will need to go to visit 2250 in order to reduce upside pressure & trigger losses to the 1.1988/80 recent low. Immediate support is the 2347 February low""""

      Cable Update (GBPUSD)
    • Dr.Zain replied Feb 28, 2017

      A breakdown of support at 2347 (Feb 7 low) would leads towards 2300. A violation there could open the wide doors to 2260 (Jan 20 low). Cable eyes on manufacturing PMI if prints above 55.5would strenthens. On the other hand, a lift above 1.2404 ...

      Cable Update (GBPUSD)
    • Dr.Zain replied Feb 28, 2017

      Cable remains focused on the 2400 neighbourhood. Last week the market failed just ahead of the 2583 8th Feb high. The pair will need to go to visit 2250 in order to reduce upside pressure & trigger losses to the 1.1988/80 recent low. Immediate ...

      Cable Update (GBPUSD)
    • Dr.Zain replied Feb 27, 2017

      Weekend story printed by UK Times that there could be fresh refrendam in Scotland in Marc. The story's impact is negitive on Pound and there was Supply pre Tokyo session. 2425/41, 2460 & 2475 resistances are lying there.On the downside side, the ...

      Cable Update (GBPUSD)