Considering the shooting star candlestick that formed at 1.2070 on the daily time-frame the move to the downside will likely continue, probably towards 1.1830 - 1.1800.

EURUSD

GBP/USD bounced off from 1.2975 after forming a spinning top candlestick on the four-hour time-frame at that level. It will likely retrace back to 1.2900, which is the (MA)89 indicator on the same four-hour time-frame.

Cable Update (GBPUSD)

EUR/USD broke out above 1.2000 with ease and reached a new high at 1.2070 before bouncing off from that level. If the pair breaks out above that resistance next target is likely at 1.2100. I opened a long position once it broke out above 1.2000 and ...

EURUSD

EUR/USD is testing the last high at 1.1960. Unless the pair forms a double top and starts falling, it will likely reach 1.2000, maybe even break out above that level. Once there's a breakout I'll open another long position.

EURUSD

I agree. The pair is very bullish and it will likely break out above the last high at 1.1910. The next target is likely around 1.2000 but it could rally above that too.

EURUSD

The EUR/USD consolidation is getting tighter with each passing hour, tomorrow there will likely be a breakout and a significant movement depending on the fundamentals. I won't be opening positions before that.

EURUSD

EUR/USD has formed a shooting star candlestick and a pair of hanging man candlesticks on the weekly time-frame, all below the resistance at 1.1910. Although the consolidation continues for now those candlesticks are a telling signal there could be ...

EURUSD

The pair is quite bearish and a breakout below 1.2830 could lead to another drop to 1.2700. I will short should there be a breakout.

Cable Update (GBPUSD)

GBP/USD may bounce off from 1.2880 which is the (MA)89 indicator on the daily time-frame and move to the upside towards 1.2925 - 1.2930. That said, considering the shooting star candlestick at 1.3265 on the weekly time-frame, which is still a valid ...

Cable Update (GBPUSD)

The consolidation above 1.2840 continues and it is unlikely that the pair will break out below that support before the market closes today. Next week though there might be a further move to the downside.

Cable Update (GBPUSD)

GBP/USD is testing the support at 1.2840 and a breakout below that support level could lead to a further drop towards the next support 1.2790 - 1.2800.

Cable Update (GBPUSD)

EUR/USD continues consolidating around 1.1700 and that consolidation likely won't end before the major fundamentals a little later today.

EURUSD

EUR/USD tested the support at 1.1690 - 1.1700 once again and although it has bounced off from those levels for now a breakout could lead to another move to the downside towards 1.1650.

EURUSD

The pair may drop back to 1.1700, especially if it breaks out below 1.1775.

EURUSD

The fundamentals did push EUR/USD to the upside today, not to mention that the pair formed a pair of hammer candlesticks at 1.1700 on the daily time-frame before the rally. That said, the continuation of the bullish trend will be confirmed if the ...

EURUSD

With the way it's rallying Gold could reach $1,295 - $1,300 again. The question is whether it will break out above those levels.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

EUR/USD finally bounced off from 1.1690, but considering the impressive shooting star candlestick that has formed on the weekly time-frame at the resistance at 1.1910 this could be just the beginning of the move to the downside.

EURUSD

EUR/USD briefly broke out below 1.1725 today though it has currently retraced above it again. The move to the downside will likely continue and the pair will probably reach 1.1700 - and may even break out below that level.

EURUSD

EUR/USD is retracing after the big move to the downside on Friday, but the drop may not be over yet, especially considering the spinning top candlestick that has formed on the four-hour time-frame at 1.1810. I will open a short only if it breaks out ...

EURUSD

The pair will probably drop back to 1.1700, considering how bearish it is now. I opened a short earlier today.

EURUSD