OctaFX | OctaFX Forex Broker
Open trading account

USD/HUF bears remain unobstructed

The hourly ADX(14) has just crossed above 50, emerging from below the 30 levels where it has been seen during the previous market session.

This is a less frequent technical set-up which suggests the USD/HUF pair should be on its way to achieve further lows the days ahead.

Caution is advised on a possible overshoot threat to the falling 200-SMA, now printing above the recent close.

GBP/USD maintains strong bullish tone - FXSteet

Valeria Bednarik, chief analyst at FXStreet explained that GBP/USD pair advanced nearly 200 pips this Wednesday, and reaching a fresh 3-week high of 1.5472.
Read more Previous

AUD/USD down move could be exhausted

AUD/USD down move could be exhausted
Read more Next
Start livechat