Latest Trading Update

EUR/CHF Monitoring The 1.17 Level (06-Dec-2017    at   04:24:49 pm)

EUR/CHF continues to push towards resistance area above 1.17 and support given at 1.1610 (27/10/2017 low). Expected to show continued increase.

EUR/GBP Ready For Further Downside (06-Dec-2017    at   04:23:59 pm)

EUR/GBP is heading lower. The pair has failed to hold above broken support at 0.8791 (07/11/2017 low). Resistance is located at 0.8943 (27/11/2017 high). Expected to go even lower.

AUD/USD Sideways Price Action (06-Dec-2017    at   04:22:18 pm)

AUD/USD's momentum is reversing showing that downside pressures are weakening. Hourly resistance is given at a distance at 0.7897 (13/10/2017 high). Expected to show renewed pressures towards key support at 0.7535 (22/06/2017 low).

USD/CAD Breaking Support At 1.2667 (06-Dec-2017    at   04:21:12 pm)

USD/CAD is testing hourly support lies at 1.2667 (10/11/2017 low). Hourly resistance stands at 1.2917 ( 27/10/2017 high). Expected to show further bearish pressures.

USD/CHF Stalling Below 0.9900 (06-Dec-2017    at   04:20:29 pm)

USD/CHF has been very volatile lately. The technical structure indicates further downside risks. The pair has failed to hold consistently above the parity. The road is wide-open for further decline.

USD/JPY Short-Term Bullish Momentum (06-Dec-2017    at   04:19:43 pm)

USD/JPY keeps on pushing higher. The pair has strongly bounced back. Hourly resistance is given at 112.70 (30/11/2017 high).

GBP/USD Short-Term Bearish Consolidation (06-Dec-2017    at   04:19:02 pm)

GBP/USD has been trading lower over the past few days but the technical structure indicates an extension of bullish momentum. Support is given at a distance at 1.3027 (06/10/2017 low). Expected to show continued increase towards resistance at 1.3657 (20/09/2017 high).