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24/08/2018

Sterling eased against the US dollar during yesterday's session. The fall was stopped by the 1.28 level.
On Friday morning European session, the exchange rate is recovering and establishing a foothold within the 1.2830/40 area, where the weekly R1 (1.2833) is located at.
Resistance is now offered by the 100-hour SMA (1.2846), followed by the upper boundary of the hourly Bollinger bands (1.2858) and then by the 55-hour SMA (1.2870).
Support is now seen at the lower boundary of the hourly Bollinge…
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23/08/2018

Sterling is easing against the US dollar on Thursday morning European session.
The exchange rate trades at 0655 near the 1.2870 area, squeezed between the 20-hour SMA (1.2902) and the lower boundary of the hourly Bollinger bands (1.2862).
If the previous mentioned level, 1.2862, fails to provide support, the fall may be likely hindered at the weekly R1 (1.2833). Below there, the 100-hour SMA stands at 1.2820.
On the upside, an extension may be first limited by the weekly R2 (1.2913), followed th…
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22/08/2018

Sterling rose yesterday against the US dollar. On Wednesday morning, the exchange rate is consolidating gains near the 1.29 area at 0650 UTC.
If the rise persists during today's session, the next target may lie on the upper boundary of the hourly Bollinger bands located at 1.2945. The lower boundary stands at 1.12833, which is also reinforced by the weekly R1.
The weekly R2 stands at 1.2913 and close to yesterday's high at 1.2925.
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21/08/2018

The euro is rising against the US dollar on Tuesday morning.
The exchange rate rose to nearly 1.1540, slightly below the weekly R2 (1.1543) and is now consolidating gains afloat the 1.15 level.
The upper boundary of the hourly Bollinger bands is located near 1.1555 area, while the lower at 1.1414.
Support may now be offered at the weekly R1 at 1.1491.
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20/08/2018

Hello fellow traders and contestants,
A post to blog with newly calculated Classic Weekly Pivot Points for some FX crosses.
Carpe Diem.
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17/08/2018

The euro is rising against the US dollar in early European trading session on Friday.
The exchange rate trades at 0704 UTC within the 1.1380/90 area.
The exchange rate closed yesterday's session above the monthly S3 (1.1363) and given that support is now provided there, an attempt to rise above the 1.14 level seems likely during this session.
If so, the next target may lie on the 1.1465/75 area, where both the monthly S2 (1.1469) and the weekly PP (1.1475) are located at. On the on other hand a …
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16/08/2018

The euro is consolidating gains against the US dollar on Thursday morning European session.
The exchange rate is moving closer to the 1.1370 level at 0725 UTC.
During yesterday's session, losses were hindered at the 1.13 level. And after testing the previous mentioned level, the exchange rate rose yesterday from there till 1.1390 recorded during today's earlier Asian session.
The exchange rate is now above the lower boundary of the daily Bollinger bands (1.1330). The 20-day SMA is further above …
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15/08/2018

The euro eased against the US dollar on Wednesday during the Asian session.
The exchange rate trades at 0625 UTC near the 1.1340 area.
The exchange rate fell slightly below the weekly S1 (1.1321) and now seems to be consolidating losses.
Below the weekly S1 lies the weekly S2 (1.1230), while above it, the weekly PP stands at 1.1475.
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14/08/2018

The US dollar is rising against the yen on Tuesday. The exchange rate rose till 111.15 during European early morning and now, at 08h00 UTC trades 5 pips below the high of the session, so far.
If the motion north persists, the next target may lie at 111.48, where the weekly R1 is located at. The weekly PP stands at 110.99. On the other hand, a relaxation would prompt the exchange rate to test the weekly S1 located at 110.44.
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ABOZAHRA74 avatar
ABOZAHRA74 14 Aug.

nice

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13/08/2018

Hello fellow traders and contestants,
A post to blog with newly calculated Classic Weekly Pivot Points for some FX crosses.
Carpe Diem.
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