The GBPSEK activates the bullish track – Analysis – 17-1-2020
Economies.com
2020-01-17 09:15AM UTC
The GBPSEK pair formed strong positive rally yesterday to breach the bearish channel’s resistance at 12.3920, to activate forming new bullish channel as appears on the chart.
Also, stochastic reach to the overbought areas will increase the chances of forming bullish attack to expect moving towards 12.4630 followed by reaching 12.5090 resistance level soon.
The expected trading range for today is between 12.3965 and 12.4630
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The GBPUSD price shows new positive trades attempting to approach the ...
Forex
The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...