Unusual, but not unforeseeable, USD/RUB movement

The ADX(14) in the USD/RUB rises above the extreme zone 50, after the value was in the previous session is still at 30. This event is unusual, but not unprecedented. The strong increase resulted from a large imbalance between supply and demand, causing the price to quickly add a new Zone. While the strong trend […]

GBP/USD consolidation ahead of Super Thursday under 1,2950

FXStreet – The GBP/USD is on Wednesday dropped slightly, but he remains in the vicinity of the 1,3000. The Couple was initially increased, but after reaching the 1,2987 it went downhill. With the American trade, the price fell below 1,2950 and is currently trading slightly above the low of the day of 1,2930/35. The Pair […]

EUR/NOK bulls need to breathe

The EUR/NOK has made its gains in the last week continuously and now the price has fallen below the 50-SMA on the 4-hour charts. The downward movement of the pair brings the RSI is in a technically weak Position under the 35 level. This is regarded as a oversold area, which has on the other […]

EUR/NOK Momentum turns negative

The increasing downward momentum resulted in EUR/NOK on the 4-hour chart, the MACD fell into the red area. These technical conditions would certainly be of no help to you, if the MACD would not are already since at least a week below Zero. This strengthens the prospects for further EUR/NOK rate declines. Trend-following traders can […]

AUD/JPY Dip to buy

The 50-hour SMA has crossed the 200-hour SMA from below to the top. This represents a Golden Cross of the two SMAs and this speaks to the recent long scenario in AUD/JPY. The AUD/JPY should fall back in the vicinity of the interface, could be long placed in positions or increased. The AUD/JPY falls back […]