Technical Analysis

Note: This section contains information in English only.
Thu, 06 Feb 2014 16:32:04 GMT

EUR/JPY jumps off the weekly S1/61.8 Fibo

Pair found support around 136.75/50 a few days ago and seemingly has received a bullish impetus which pushed it to test the area around 139 JPY.

Thu, 06 Feb 2014 07:24:09 GMT

USD/CHF underpinned by 0.9038/25

For the time being USD/CHF manages to stay afloat above 0.9038/25 (100-day SMA and monthly PP), suggesting there is still a chance the greenback will recover and touch the 200-day SMA before the quarter ends.

Thu, 06 Feb 2014 07:24:03 GMT

USD/JPY is at falling wedge's apex

Right now USD/JPY is trading at the upper boundary of the falling wedge pattern.

Thu, 06 Feb 2014 07:23:56 GMT

GBP/USD gravitates towards 1.63

Tuesday's rally failed to reach the weekly S1, instead the Sterling returned back to the 2012 highs.

Thu, 06 Feb 2014 07:23:50 GMT

EUR/USD approaches 1.3579/61

The currency pair moved a little closer to the monthly pivot point, but nonetheless remains under considerable downward pressure.

Wed, 05 Feb 2014 07:19:39 GMT

USD/CHF is inclined to rise

USD/JPY dipped beneath the 100-day SMA, but subsequently disregarded bearish technical indicators and managed to mount 0.9038/25 once again.

Wed, 05 Feb 2014 07:19:32 GMT

USD/JPY on verge of up-move

Despite the strength of the nearest support at 101.00/100.65, the currency pair failed to gain enough bullish momentum after testing it in order to overcome the 100-day SMA.

Wed, 05 Feb 2014 07:19:09 GMT

GBP/USD buoyed by 2012 highs

The Cable respected a tough demand area at 1.6300/1.6273, as it consists of several significant levels.

Wed, 05 Feb 2014 07:19:02 GMT

EUR/USD remains under pressure

EUR/USD continues to consolidate after testing a down-trend support line that can be drawn by connecting the most recent troughs.

Tue, 04 Feb 2014 16:10:15 GMT

NZD/USD testing 0.82

Pair bounced off the 0.805 and at the moment is testing 82 cent mark.

Tue, 04 Feb 2014 16:10:05 GMT

USD/CAD to hovering above 1.105

Pair has taken a step back after a sell off in the past days and at the moment is hovering above 1.1050.

Tue, 04 Feb 2014 16:09:55 GMT

AUD/USD at 55-day SMA/weekly R2

Pair bounced off the weekly PP and at the moment is testing weekly PP/55-day SMA around 89 cent mark.

Tue, 04 Feb 2014 16:09:45 GMT

EUR/JPY consolidating around 137 JPY

Pair failed to consolidate around 138 JPY yesterday and dipped below 137 JPY.

Tue, 04 Feb 2014 08:29:26 GMT

USD/CHF sinks below 0.9038/25

Although we were confident that 0.9038/25 will be enough to negate any selling pressure, yesterday USD/CHF effortlessly went through this support.

Tue, 04 Feb 2014 08:29:09 GMT

USD/JPY retreats to 50% Fibo

The U.S. Dollar proved to be still vulnerable to the negative fundamental surprises and gave up even more of its positions.

Tue, 04 Feb 2014 08:29:01 GMT

GBP/USD eyes 1.6300/1.6273

As expected, due to a lack of support, the Sterling pierced through the 55-day SMA and the weekly S1, reaching a more dense demand area around 1.63, which consists of the 2012 highs, 100-day SMA and the monthly S1.

Tue, 04 Feb 2014 08:28:49 GMT

EUR/USD stopped short of 200-day SMA

The currency pair performed a U-turn just before touching 1.3453/43 and surged upwards, thereby confirming importance of the 200-day SMA for the market.

Mon, 03 Feb 2014 15:21:01 GMT

NZD/USD reaches 2012 lows

NZD/USD slipped beneath the 200-day SMA, but was stopped by the down-trend support that could be drawn through the peaks observed since Oct 22.

Mon, 03 Feb 2014 15:20:55 GMT

USD/CAD to assess strength of 1.1037/28

Right now USD/CAD is moving back to the up-trend line it breached on Jan 22.

Mon, 03 Feb 2014 15:20:48 GMT

AUD/USD stays directionless

Even though most of the technical indicators on all three relevant time-frames are in favour of further Aussie's depreciation, AUD/USD is contained by 0.8845/11 from above and by 0.8700/0.8679 from below and therefore has been staying flat for the past two weeks.

Mon, 03 Feb 2014 15:20:41 GMT

EUR/JPY plummets through 138.51/43

Although we were expecting the currency pair to respect the support at 138.51/43 and recoil back to the upper boundary of the bearish channel, EUR/JPY breached this demand area.

Mon, 03 Feb 2014 07:48:34 GMT

USD/CHF aims for long-term SMA

Even though on the weekly and monthly time-frames the technical indicators are in favour of a decline, USD/CHF preserves bullish momentum and is likely to advance further.

Mon, 03 Feb 2014 07:48:27 GMT

USD/JPY remains stuck to 102

USD/JPY fails to get traction and leave 102.04 behind, which is the 38.2% Fibonacci retracement of the November-December rally.

Mon, 03 Feb 2014 07:48:21 GMT

EUR/USD approaches 200-day SMA

EUR/USD goes on with the decline and is about to hit the 200-day SMA, which could potentially decrease willingness of the market to short sell the Euro.

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