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14 Aug 2017

EUR/NOK MACD fails to challenge recent highs

EUR/NOK could be facing downside pressure as its MACD failed to test recent highs.

A bearish divergence between EUR/NOK spot behavior and the MACD over the last few weeks suggests downside vulnerability ahead. Further, the MACD line crossed below its signal line on a 4-hour closing basis, an event that can be interpreted as a bearish omen.

Aug 14, 2017

USD/JPY remains near session highs, is 110 next?

The USD/JPY pair, which refreshed its session high at 109.80 in the early European session, went into a consolidation phase and fluctuated in a 20-pip

Confirming you are not from the U.S. or the Philippines

EUR/NOK MACD fails to challenge recent highs

USD/JPY remains near session highs, is 110 next?

EUR/SEK down move could be exhausted