Technical Analysis

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Wed, 22 Jul 2015 06:29:45 GMT

USD/JPY attempts to retake 124.00, risks falling deeper

The USD/JPY currency pair suffered losses on Tuesday, edging below the 124.00 major level once again.

Wed, 22 Jul 2015 06:29:38 GMT

GBP/USD locks on new target of 1.57

The Cable failed to appreciate yesterday, but 20 and 55-day SMAs still prevented the pair from edging lower.

Wed, 22 Jul 2015 06:29:32 GMT

EUR/USD erased three-day losses

EUR/USD failed to consolidate below the May low at 1.0818, therefore giving bulls a chance to push the pair back to the upside.

Tue, 21 Jul 2015 14:11:04 GMT

NZD/USD rises; another setback for the bearish trend

On Monday, the New Zealand Dollar outperformed its US counterpart, as it advanced 64 pips against it.

Tue, 21 Jul 2015 14:00:05 GMT

USD/CAD bounces back down from 1.30

After experiencing some volatility, the USD/CAD currency pair still ended the day with a slight surge, but was unable to settle above 1.30.

Tue, 21 Jul 2015 13:49:08 GMT

AUD/USD trades flat, but sets eye on 0.74

Even though the Australian Dollar was just 12 pips away from the immediate support yesterday, it still managed to inch up.

Tue, 21 Jul 2015 13:38:12 GMT

EUR/JPY attempts to close above 135.00

On Monday, the EUR/JPY cross behaved according to expectations, as it edged up despite bearish technical indicators.

Tue, 21 Jul 2015 07:08:29 GMT

XAU/USD closes below downtrend, outlook worsens

XAU/USD closed below the long-term downward-sloping line on Monday, even though the bullion showed some signs of a recovery after a slump that took place earlier in the beginning of the day.

Tue, 21 Jul 2015 07:08:21 GMT

USD/JPY climbs steadily towards 125.00

On Monday, the USD/JPY currency pair edged slightly higher, adding 16 pips in total.

Tue, 21 Jul 2015 07:08:12 GMT

GBP/USD attempts to restore its position above 1.56

The Sterling misbehaved at the beginning of the week, as it sustained minor losses, rather than appreciating against the US currency.

Tue, 21 Jul 2015 07:08:06 GMT

EUR/USD hits May low; 2003 low next in line

Despite showing almost no movements on Monday, the EUR/USD cross managed to approach the May low at 1.0818, but failed to close below this level.

Mon, 20 Jul 2015 14:35:08 GMT

NZD/USD recovers from five-year low

At the end of the previous week, the New Zealand Dollar remained relatively unchanged against its US counterpart, instead of appreciating.

Mon, 20 Jul 2015 14:24:06 GMT

USD/CAD attempts to take the 1.30 mark

Even though the US Dollar breached through the 1.30 major level, the USD/CAD pair still remained relatively unchanged by the end of the day.

Mon, 20 Jul 2015 14:13:13 GMT

AUD/USD keeps climbing down, still caged between weekly S1 and PP

On Friday, the AUD/USD currency pair negated last Thursday's gains, but failed to reach the nearest support level at 0.7350.

Mon, 20 Jul 2015 14:09:57 GMT

EUR/JPY stuck between the 100-day SMA and 135.00

As expected, the Euro declined for the fifth consecutive day last Friday, but was unable to reach the immediate support cluster around 134.00.

Mon, 20 Jul 2015 08:35:04 GMT

XAU/USD crashes 4% to touch 1,070 on Monday

Friday losses of the bullion down to the 2014 low at 1,131 were completely overshadowed by developments on Monday morning.

Mon, 20 Jul 2015 08:24:07 GMT

USD/JPY to remain flat above 124.00

The 124.00 major provided support this time, preventing the USD/JPY pair from sustaining too much losses.

Mon, 20 Jul 2015 07:53:37 GMT

GBP/USD floats around 1.56

The Cable experienced substantial volatility last Friday, reaching both the support and resistance targets.

Mon, 20 Jul 2015 07:32:04 GMT

EUR/USD to target 2003 low this week

EUR/USD managed to close below the monthly S1 on Friday and reached the 1.0830 mark by the end of last week's trading.

Fri, 17 Jul 2015 14:27:05 GMT

NZD/USD to bounce back at week's end

On Thursday, the NZ Dollar sustained another loss, which stretched out slightly beyond the 0.65 major level.

Fri, 17 Jul 2015 14:16:04 GMT

USD/CAD focuses on reaching 1.30

The USD/CAD currency pair kept edging closer to the six-year high yesterday.

Fri, 17 Jul 2015 14:05:04 GMT

AUD/USD remains stuck between 0.7350 and 0.7450

The Aussie appreciated against the US Dollar yesterday, despite all expectations.

Fri, 17 Jul 2015 13:54:05 GMT

EUR/JPY attempts to fall beyond 135.00

The European currency declined for the fourth consecutive day yesterday, but stabilised above the 135.00 target level at 135.14.

Fri, 17 Jul 2015 07:42:29 GMT

XAU/USD to register fourth weekly loss

Gold depreciated for a fourth day in a row Thursday, and losses are estimated to be prolonged today as well.

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