The pound against the dollar bounced upwards, and reached the resistance 1.2125 at the EMA50 level, as well as the lower line of the ascending channel that appears in the chart.
We are likely to see a return to the bearish path as a result of the price reaching the …
The EUR/USD pair stabilized around the support level 1.0170, as it breached it slightly and came back to test it again.
We are likely to continue with the bearish scenario, due to the negative signal that comes from the stochastic indicator. Therefore, we may see a drop to the support …
The dollar against the Japanese yen rose to the resistance level of 134.80 in an attempt to return to the bullish path after the bearish wave that was pressing it to decline.
Technical indicators are giving mixed signals in the movement as the stochastic indicator is giving a negative signal …
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