Technical Analysis

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Tue, 02 Aug 2016 13:11:04 GMT

AUD/USD rising despite RBA rate cut

The Aussie lost half of its previous Friday gains against the Greenback on Monday. However, the currency exchange rate has been highly volatile during Tuesday's session

Tue, 02 Aug 2016 13:00:05 GMT

EUR/JPY falls below 114.00 on Tuesday

The common European currency remained almost flat against the Japanese Yen on Monday, as it struggled and did not manage to break the resistance put up by the newly formed monthly pivot point at 114.46.

Tue, 02 Aug 2016 10:17:05 GMT

Gold fluctuating around 1,350 level

The yellow metal moved slightly higher on Monday, as it ended day's trading session just above the 1,350 mark at 1,351.96.

Tue, 02 Aug 2016 09:36:09 GMT

USD/JPY heads towards 100 at full speed

USD/JPY is currently in the process of forming a new bearish wave. The pair is presently trading right in the middle of the descending channel that was initiated at the turn of 2015 and 2016.

Tue, 02 Aug 2016 09:21:04 GMT

GBP/USD ready to break out

The Cable is currently trading right at the apex of the symmetrical triangle it has been forming since June 26. The pattern itself implies a bearish breakout due to a strongly negative reaction to the results of the ‘Brexit' vote.

Tue, 02 Aug 2016 08:07:19 GMT

EUR/USD approaching 1.12 mark on Tuesday

The common European currency slightly depreciated against the US Dollar, as the currency exchange rate moved fell from 1.1173 at the start of day's trading to end trading at 1.1160.

Mon, 01 Aug 2016 13:27:04 GMT

USD/CAD back around 1.30 levels

The US Dollar fell majorly against the Canadian Dollar on Friday, as the pair moved down from 1.3158 at the start of day's trading to 1.3043 at the end of Friday's session.

Mon, 01 Aug 2016 13:16:03 GMT

AUD/USD: too difficult to maintain trade above 0.76

Yet again the Aussie confirmed the up-trend on Friday, having edged 100 pips higher against the US counterpart.

Mon, 01 Aug 2016 12:54:53 GMT

NZD/USD around 0.72 mark on Monday

The New Zealand Dollar surged against the US Dollar on Friday, as the currency exchange rate moved from 0.7077 at the start of day's trading session to 0.7212 at the end of Friday's trading session.

Mon, 01 Aug 2016 12:54:31 GMT

EUR/JPY risks falling below 114.00

The European single currency plunged against the Japanese Yen on Friday, which in turn strengthened on the BoJ's disappointing statement.

Mon, 01 Aug 2016 06:54:08 GMT

Gold trading at 1,350 on Monday

The yellow metal surged on Friday, as it went from the level of 1,335.75 at the start of the day's trading session to 1,350.10.

Mon, 01 Aug 2016 06:43:03 GMT

USD/JPY struggles to recover from Friday's slump

The USD/JPY currency pair plunged on Friday for the two main reasons: the BoJ failing to deliver and the a lot weaker-than-expected US GDP figures.

Mon, 01 Aug 2016 06:22:05 GMT

GBP/USD attempts to keep rising

Amid weak US GDP figures the Cable was able to edge higher on Friday, completely erasing all intraweek losses.

Mon, 01 Aug 2016 06:11:10 GMT

EUR/USD nearing 1.12 mark on Monday

The common European currency surged majorly against the US Dollar on Friday, as the pair surged from 1.1074 to 1.1172 during the day's trading session.

Fri, 29 Jul 2016 13:31:03 GMT

USD/CAD struggling at monthly R1 at 1.3161 on Friday

The US Dollar depreciated against the Canadian Dollar on Thursday, as the pair fell below first monthly resistance line at 1.3161 and ended day's trading session at 1.3157.

Fri, 29 Jul 2016 13:20:08 GMT

AUD/USD keeps climbing up

Even though the Aussie appeared to be outperforming the Greenback on Thursday, it closed only with a small rally, unable to breach the immediate resistance area.

Fri, 29 Jul 2016 13:09:59 GMT

NZD/USD surges on Friday

The New Zealand Dollar remained almost unchanged on Thursday, as the currency exchange rate struggled with the weekly R1 at 0.7122 and bounced off of it at the end of the session.

Fri, 29 Jul 2016 13:09:46 GMT

EUR/JPY poised for more weakness

The EUR/JPY cross inched only seven pips higher during Thursday, but gradually declined earlier today, amid the BoJ disappointing the markets with its stimulus decision.

Fri, 29 Jul 2016 07:13:06 GMT

Gold continues to fluctuate around 1,340 level on Friday

As it was stated yesterday, all what the FOMC announcement achieved was a movement of gold price fluctuation by 20 US dollars northwards.

Fri, 29 Jul 2016 06:51:03 GMT

GBP/USD risks suffering more losses

Yesterday the Cable behaved according to expectations, as the immediate support cluster succeeded in limiting the losses.

Fri, 29 Jul 2016 06:40:28 GMT

USD/JPY falls after BoJ fails to deliver

The US Dollar remained relatively unchanged against the Japanese Yen on Thursday, as a calm before the storm.

Fri, 29 Jul 2016 06:38:13 GMT

EUR/USD approaching 1.11 level on Friday

The common European currency surged on Thursday to 1.1076 by the end of day's trading session.

Thu, 28 Jul 2016 13:56:04 GMT

USD/CAD falls and reached 1.31 on Thursday

The US Dollar was volatile during Wednesday's session against the Canadian Dollar.

Thu, 28 Jul 2016 13:45:04 GMT

AUD/USD rebounds from the up-trend

The AUD/USD currency pair experienced strong volatility on Wednesday, which was contained between the tough support cluster around 0.7420 and the weekly R1 at 0.7568.

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