Premium5 768x90
View RSS Feed


  1. EUR/GBP : ranging near 200-SMA reversal level

    by , 11-16-2018 at 05:40 PM
    For EUR/GBP, multiple resistance barriers were knocked out within a span of 24 hours. But on the daily chart, we do have the formation of what appears to be a new descending trend line dating back to August. For the time being, this may keep the dominant downtrend since then intact. A push above the line would open the door to overturning the downtrend.

    Name:  eurgbp-d1-alpari-international-limited.png
Views: 39
Size:  23.3 KB

    However, this would require ascending through the October high at 0.89394. Until that ...