Technical Analysis

Note: This section contains information in English only.
Wed, 19 Feb 2014 14:16:25 GMT

EUR/JPY retreats from 55-day SMA

As EUR/JPY failed to extend the gains beyond the 55-day SMA today, the currency pair is now trying to find support in the face of the monthly PP and the 38.2% Fibonacci retracement level of the November-December rally.

Wed, 19 Feb 2014 07:57:27 GMT

EUR/USD hit key resistance at 1.3760

EUR/USD has finally reached the resistance at 1.3758, where the major down-trend line is supposed to negate the bullish momentum of the currency pair and send it back to the nearest supports.

Wed, 19 Feb 2014 07:57:20 GMT

GBP/USD underpinned by monthly R1

As it turned out, GBP/USD found strong support at 1.6638/32, the current location of the weekly PP and the monthly R1.

Wed, 19 Feb 2014 07:57:11 GMT

USD/JPY preserves upward momentum

After topping out at 102.74 USD/JPY returned back to the support zone, which is mainly created by the 100-day SMA and the 38.2% Fibonacci retracement level of the November-December advancement.

Wed, 19 Feb 2014 07:57:04 GMT

USD/CHF fell beneath 0.89

Although initially 0.89 provided strong support, eventually the currency pair breached this level and is currently testing 0.8867/65.

Tue, 18 Feb 2014 16:21:28 GMT

NZD/USD fails ahead of 2014 high

Pair took a step and eventually failed ahead of 2014 high forming February high.

Tue, 18 Feb 2014 16:21:19 GMT

USD/CAD hovering below weekly and monthly PP

Pair is not showing any strong intentions to change it's course of action in the nearest future.

Tue, 18 Feb 2014 16:21:13 GMT

AUD/USD consolidating around 90 cent mark

Pair is not demonstrating any clear bias and just jumping up and down between 100-day SMA and weekly PP/monthly R1.

Tue, 18 Feb 2014 16:21:02 GMT

EUR/JPY testing 142 JPY

Pair eroded strong resistance around 140 JPY and shot higher. At the moment it is testing weekly R2/55-day SMA and we expect it will not hold even the initial test.

Tue, 18 Feb 2014 07:38:09 GMT

USD/CHF upheld by 2012 lows

USD/CHF has found support represented by the 2012 lows at 0.89 and did not proceed with the decline.

Tue, 18 Feb 2014 07:38:00 GMT

USD/JPY soars

USD/JPY stopped near the support at 101.22/00 and then shot through the resistance created by the 100-day SMA and several other studies.

Tue, 18 Feb 2014 07:37:53 GMT

GBP/USD bounced off 1.6829/10

Although at first it appeared as if the Cable was going to ignore presence of the up-trend resistance line, the monthly R2 helped to nullify last week's bullish momentum.

Tue, 18 Feb 2014 07:37:47 GMT

EUR/USD targets 1.3760

EUR/USD stalled 50 pips short of the resistance at 1.3758, but is still considered to be capable of reaching it in the nearest future, as weekly and monthly indicators remain somewhat bullish. However, further advancement is highly unlikely.

Mon, 17 Feb 2014 17:21:13 GMT

NZD/USD takes a step back ahead of 2014 high

Pair took a step back before a attempting to for new 2014 high.

Mon, 17 Feb 2014 17:21:03 GMT

USD/CAD remains slightly below 1.1

Pair continues to demonstrate bearish bias, but is not really trailing lower as fast as it could.

Mon, 17 Feb 2014 17:20:52 GMT

AUD/USD failed at 100-day SMA

Pair started the week slightly above the last week's closing level, but failed to maintain this bullish bias and failed t 100-day SMA.

Mon, 17 Feb 2014 17:20:42 GMT

EUR/JPY demonstrates bullish bias

During the last week the pair consolidated around 2009 high at 139.24 and swung between monthly PP at 140.10 and 100-day SMA.

Mon, 17 Feb 2014 07:46:35 GMT

USD/CHF attacks 0.89

USD/CHF has just reached the first target implied by the symmetrical triangle at 0.89.

Mon, 17 Feb 2014 07:46:29 GMT

USD/JPY is set to rebound from 101.16/00

Considering that 102.31/101.92 was insufficient to underpin the pair, USD/JPY is expected to descend down to 101.16/00 prior to an attempt to recover.

Mon, 17 Feb 2014 07:43:12 GMT

GBP/USD erodes 11-month up-trend

GBP/USD is currently testing the resistance created by the monthly R2 and the long-term rising trend-line.

Mon, 17 Feb 2014 07:43:01 GMT

EUR/USD aims for 1.3758

Even though last week EUR/USD had trouble passing through some of the resistances, the currency pair preserved the bullish momentum.

Fri, 14 Feb 2014 15:03:15 GMT

NZD/USD approaches key resistance at 0.84

NZD/USD seems to be likely to post a second week of substantial gains, as all of the resistances encountered failed to halt the advancement.

Fri, 14 Feb 2014 15:03:09 GMT

USD/CAD slid beneath 1.10

Although there was a good chance for the U.S. Dollar to find support at 1.1000/1.0979, as it consists of the 2009 highs, monthly PP and 38.2% Fibo, USD/CAD closed beneath it yesterday.

Fri, 14 Feb 2014 15:03:01 GMT

AUD/USD rebounds from 0.8950

Being well-supported by the falling trend-line at 0.8950, the currency pair managed to rise back up to 0.9092/51, which consists of the weekly R1 and 100-day SMA.

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