Tuesday 15th June 2021: Technical Outlook and Review
Looking at the weekly chart, we can see that prices have pulled back and there could potentially be further bearish pressure to our 20 EMA at 1.20600.
Monday 14th June 2021: Technical Outlook and Review
On the H4 timeframe, prices are trending in the descending channel making lower highs and lower lows. There could potentially be further bearish pressure to test 1.20600, in-line with our -27.2% Fibonacci extension, descending trendline support and weekly 20 EMA. MACD is also trending down, signalling further bearish pressure.
Monday 14th June : Queen’s Birthday & Tuen Ng Festival Holiday Trading Schedule 2021
Please find our updated Trading schedule for the Queen's Birthday & Tuen Ng Festival Holiday trading schedule on Monday, 14th June 2021.
Thursday 10th June 2021: Technical Outlook and Review
On the weekly timeframe, prices are facing bullish pressure and could still see further upside, with 1965 as the weekly resistance target.
Wednesday 9th June 2021: Technical Outlook and Review
On the weekly timeframe, prices are facing bullish pressure and could still see further upside, with 1965 as the weekly resistance target. We could see renewed bullish pressure this coming week.
Tuesday 8th June 2021 : Technical Outlook and review
EUR/USD: Looking at the weekly chart, we can see that prices […]
Monday 7th June 2021: Technical Outlook and Review
EUR/USD: Looking at the weekly chart, we can see that prices […]
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