Open trading account 
EUR/USD
Market open today with drop-gap price over Ukrainian situation which stoke haven demand.
Short-run: From technical analysis point of view market now inside short-run trading range between 1.3650 - 1.3850 , where as long as market holding trades below 1.3890 another drop correction wave may hit the market toward 1.3550 and 1.3400 levels , while above 1.3900 market may gain more strength to continue uptrend toward 1.4200 levels market tested last friday 1.3820-50 resistance zone , where today will consider 1.3800-50 as good zone to short-sell the market with stop loss at 1.3900.
From another hand , short-run still seeing 1.3640 as support zone where as long as market holding trades above 1.3640 the uptrend will sustain toward test 1.3800-50 zone.
Long-run: The long-run uptrend wave still ongoing as long as market holding trades above 1.3295 , while above 1.3900 uptrend will gain more strength with first target toward 1.4200.
Daily Trend: Up
Weekly Trend: Up
GBP/USD
Pound managed to restore some gain after U.K Mortgage approval figures.
Short-run: Range expected to sustain between 1.6675 - 1.6800 zone , where as long as market holding trades below 1.6850. Another drop correction will be expected over the market where a drop correction to test 1.6380-1.6400 still on hand below 1.6675 mrket will face support zone of 1.6580-1.6615 , while below 1.6580 market will signals more drop toward 1.6380-1.6400.
Long-run: Long-run uptrend wave still ongoing as long as market holding trades above 1.6215 , while above 1.7050 we will expect this uptrend wave to sustain toward 1.8250.
Daily Trend: Up
Weekly Trend: Up
USD/JPY
Market open with drop-gap prices over USD/JPY on spur demand for haven over Ukrainian situation as we see over the chart, market managed to break below support of the rising wedge which giving signals about another drop toward 100.80-101.25, while below 100.80 market may head to test 100.00-15 zone.
Long-run: So far the med-term still giving signals that trading range will sustain between 100.00 - 104.50 , while as long as market holding trades above 99.40 the long-run uptrend wave will sustain for this year above 102.70-90 market will give signals for farther advance to test 104.20-40 zone , while as long as market holding trades below 102.70-90 expect another test to 101.25 and maybe 100.60.
Daily Trend: Down
Weekly Trend: Up
source: www.orbex.com
Market open today with drop-gap price over Ukrainian situation which stoke haven demand.
Short-run: From technical analysis point of view market now inside short-run trading range between 1.3650 - 1.3850 , where as long as market holding trades below 1.3890 another drop correction wave may hit the market toward 1.3550 and 1.3400 levels , while above 1.3900 market may gain more strength to continue uptrend toward 1.4200 levels market tested last friday 1.3820-50 resistance zone , where today will consider 1.3800-50 as good zone to short-sell the market with stop loss at 1.3900.
From another hand , short-run still seeing 1.3640 as support zone where as long as market holding trades above 1.3640 the uptrend will sustain toward test 1.3800-50 zone.
Long-run: The long-run uptrend wave still ongoing as long as market holding trades above 1.3295 , while above 1.3900 uptrend will gain more strength with first target toward 1.4200.
Daily Trend: Up
Weekly Trend: Up
GBP/USD
Pound managed to restore some gain after U.K Mortgage approval figures.
Short-run: Range expected to sustain between 1.6675 - 1.6800 zone , where as long as market holding trades below 1.6850. Another drop correction will be expected over the market where a drop correction to test 1.6380-1.6400 still on hand below 1.6675 mrket will face support zone of 1.6580-1.6615 , while below 1.6580 market will signals more drop toward 1.6380-1.6400.
Long-run: Long-run uptrend wave still ongoing as long as market holding trades above 1.6215 , while above 1.7050 we will expect this uptrend wave to sustain toward 1.8250.
Daily Trend: Up
Weekly Trend: Up
USD/JPY
Market open with drop-gap prices over USD/JPY on spur demand for haven over Ukrainian situation as we see over the chart, market managed to break below support of the rising wedge which giving signals about another drop toward 100.80-101.25, while below 100.80 market may head to test 100.00-15 zone.
Long-run: So far the med-term still giving signals that trading range will sustain between 100.00 - 104.50 , while as long as market holding trades above 99.40 the long-run uptrend wave will sustain for this year above 102.70-90 market will give signals for farther advance to test 104.20-40 zone , while as long as market holding trades below 102.70-90 expect another test to 101.25 and maybe 100.60.
Daily Trend: Down
Weekly Trend: Up
source: www.orbex.com
