Technical Analysis

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Tue, 07 Mar 2017 13:46:32 GMT

Kiwi falls below 0.70

The New Zealand Dollar continues to fall against the US Dollar, as by the middle of Tuesday's trading the currency exchange rate was set to fall to the weekly S1, which was located at 0.6956 level.

Tue, 07 Mar 2017 13:44:17 GMT

USD/CAD remains below monthly R1

During the first half of Tuesday's trading session the Greenback remained still in limbo around the 1.34 mark against the Loonie.

Tue, 07 Mar 2017 13:42:42 GMT

AUD/USD still struggles to retake 0.76

The Aussie behaved in accordance with expectations yesterday, having closed relatively flat, with just a 10-pip loss against the US Dollar.

Tue, 07 Mar 2017 13:41:40 GMT

EUR/JPY stuck between 120.00 and 121.50

The EUR/JPY cross underwent the anticipated correction on Monday, but managed to avoid serious losses.

Tue, 07 Mar 2017 08:25:00 GMT

Gold reaches below 1,225 mark

During the early hours of Tuesday's trading session the yellow metal had paused the decline, which occurred during Monday's trading. The bullion stopped just below the 1,225 level and attempted to regain some of its value.

Tue, 07 Mar 2017 08:23:54 GMT

USD/JPY to remain under 114.00

The USD/JPY currency pair remained almost completely flat on Monday, unable to reclaim the 114.00 major level.

Tue, 07 Mar 2017 08:22:49 GMT

GBP/USD poised for more weakness

The bearish momentum prevailed on Monday, causing the GBP/USD pair to fall under the monthly S1, thus, opening the door for new lows.

Tue, 07 Mar 2017 08:21:43 GMT

Euro finds support

The common European currency trades against the US Dollar just as forecasted yesterday, as the currency exchange rate fell down to the weekly PP, which is located at the 1.0582 level.

Mon, 06 Mar 2017 16:27:58 GMT

Kiwi remains above 0.70 level

By the second half of Monday's trading the New Zealand Dollar managed to stay above the 0.70 mark against the Greenback.

Mon, 06 Mar 2017 16:24:57 GMT

USD/CAD remains near 1.34 mark

During the first half of Monday's trading session the Greenback remained in limbo around the 1.34 level against the Canadian Dollar.

Mon, 06 Mar 2017 16:23:47 GMT

AUD/USD muted under 0.76

On Friday, the Australian Dollar experienced a small recovery, after having slumped more than 100 pips against the US counterpart on Thursday.

Mon, 06 Mar 2017 16:12:41 GMT

EUR/JPY unable to maintain trade above 121.00

Friday was a beneficial day for the European single currency, being that it surged nearly 100 pips against the Yen.

Mon, 06 Mar 2017 09:24:03 GMT

USD/JPY dives on risk-aversion

With the return of the risk-off sentiment, the US Dollar weakened against the Japanese Yen on Friday, managing to retain its position above the 114.00 handle.

Mon, 06 Mar 2017 09:08:53 GMT

Gold bounces around with increased volatility

On Monday morning the yellow metal's price remained unchanged, as the bullion attempted and failed to move higher and break the resistance put up by the 20-day SMA at 1,234.09 and the monthly R1 at 1,237.68.

Mon, 06 Mar 2017 09:05:39 GMT

GBP/USD stuck between 1.2250 and 1.23

Some uncertainty in Yellen's speech of Friday caused the British currency to erase all intraday losses and end the day with a 33-pip rally against the US Dollar.

Mon, 06 Mar 2017 09:04:45 GMT

EUR/USD back above 1.06 mark

During the early hours of Monday's trading session the common European currency traded at the 1.06 level against the US Dollar.

Fri, 03 Mar 2017 16:42:18 GMT

Kiwi drops as expected

By the middle of Friday's trading the Kiwi dropped against the US Dollar down to the weekly S3, which is located at 0.7028.

Fri, 03 Mar 2017 16:40:14 GMT

USD/CAD continues higher

During the first half of Friday's trading session the Greenback managed to surge even higher against the Loonie, as it was forecasted previously.

Fri, 03 Mar 2017 16:39:10 GMT

AUD/USD to remain under 0.76

Poor Australian trade balance was devastating for the Aussie, causing it to drop more than 100 pips against the US Dollar on Thursday.

Fri, 03 Mar 2017 16:37:59 GMT

EUR/JPY sets eye on 121.00

The Euro has been appreciating against the Yen ever since it put the support line at 118.40 to the test last Friday.

Fri, 03 Mar 2017 09:26:02 GMT

Gold passes long term support

The yellow metal has suffered major losses and is still positioned to fall even further, as by the end of Thursday's trading session a massive and strong support cluster was passed.

Fri, 03 Mar 2017 09:24:47 GMT

USD/JPY tests key resistance

March rate hike expectations continued to bolster the American Dollar yesterday, allowing it to approach the key resistance around 114.60 area.

Fri, 03 Mar 2017 09:23:32 GMT

GBP/USD trades in murky waters

For the fifth consecutive time the British Pound weakened against the US Dollar on Thursday.

Fri, 03 Mar 2017 09:22:37 GMT

Euro finds support near 1.05 mark

The common European currency reached below the 1.05 mark against the US Dollar during Thursday's trading session and found support there.

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