Technical Analysis

Note: This section contains information in English only.
Tue, 21 Jan 2014 07:51:21 GMT

EUR/USD postponed sell-off

EUR/USD continues to consolidate following a sharp decline—right now it is testing the monthly S1 level from below.

Mon, 20 Jan 2014 15:18:33 GMT

NZD/USD underpinned by 0.8237/20

After violating the 15-day up-trend line NZD/USD found support at 0.8237/20, the area which is formed by the monthly pivot point and the 55-day SMA.

Mon, 20 Jan 2014 15:18:26 GMT

USD/CAD loses momentum ahead of 1.10

Even though some of the indicators on the daily chart are still in favour of further appreciation of the greenback, it appears that USD/CAD will be unable to overcome 1.10.

Mon, 20 Jan 2014 15:18:19 GMT

AUD/USD to probe 0.8845

Considering that the exchange rate settled beneath the last year's August low, we should expect a further decline in the Aussie's value.

Mon, 20 Jan 2014 15:18:12 GMT

EUR/JPY tests monthly S1

The 55-day SMA, in conjunction with the monthly S1, seems to have stopped the sell-off, thereby leaving the door open for the re-emergence of the buying pressure.

Mon, 20 Jan 2014 07:47:06 GMT

USD/CHF is set to advance

Considering that USD/CHF has just overcome the monthly R1, the currency pair is now moving towards the 200-day SMA, which should prove to be difficult to breach.

Mon, 20 Jan 2014 07:46:58 GMT

USD/JPY refuses to leave 104.09/00

Although the longer-term technical indicators are mostly giving ‘buy' signals, USD/JPY continues to gravitate towards 104.09/00, consisting of the monthly PP and the 2013 highs.

Mon, 20 Jan 2014 07:46:51 GMT

GBP/USD stopped by monthly PP

Being that GBP/USD failed to breach the support at 1.6319/00 last week, the price soared up to the monthly PP at 1.6449, which is likely to stay intact.

Mon, 20 Jan 2014 07:46:45 GMT

EUR/USD closes beneath key up-trend

Not only did the single European currency breach the key support at 1.3610, but it also closed beneath the monthly S1, thereby reaffirming its long-term bearish intentions.

Fri, 17 Jan 2014 16:26:29 GMT

NZD/USD plummets from weekly R1

Pair failed tom consolidate around 83 cent as today's failure at the weekly R1 has provoked a major sell off.

Fri, 17 Jan 2014 16:26:17 GMT

USD/CAD again aiming at 1.10

Pair is not losing it's bullishness, but 1.10 is not willing to give up easily either.

Fri, 17 Jan 2014 16:26:05 GMT

AUD/USD under attack

Pair has reached new relative low after dipping below the 2013 low around 88 cent mark.

Fri, 17 Jan 2014 16:25:53 GMT

EUR/JPY demonstrating bearish bias

Pair continues to trails lower and, as short term technicals suggest, we are likely to see a continuation of the trend.

Fri, 17 Jan 2014 07:56:02 GMT

USD/CHF trades above 0.9050/35

USD/CHF fell down to the 100-day after a test of 0.9096/91, and now we would expect the exchange rate to resume the recovery, even though the weekly signals are still not reassuring at the moment.

Fri, 17 Jan 2014 07:55:55 GMT

USD/JPY buoyed by 104.36/00

The market has just confirmed 104.36/00 as the new support and there are now even more ‘buy' signals on the weekly time-frame than yesterday, meaning the U.S. Dollar is set to appreciate further.

Fri, 17 Jan 2014 07:55:48 GMT

GBP/USD stays bearish

Even though some of the technicals on the weekly chart remain bullish, the Sterling has already breached the up-trend support line and is now about to challenge 1.6319/1.6269.

Fri, 17 Jan 2014 07:55:39 GMT

EUR/USD probes 1.3610/1.3584

EUR/USD is once again attempting to break the rising support line to the downside, but seems to be unable to do that for now, being that 1.3610/1.3584 is reinforced by the weekly S1 and the 100-day SMA.

Thu, 16 Jan 2014 16:45:51 GMT

NZD/USD bounces off 0.8389/87

A failure to gain solid ground above the weekly R2 may now lead to a test of the support at 0.8275/74, created by the weekly PP and the 100-day SMA.

Thu, 16 Jan 2014 16:45:43 GMT

USD/CAD capped by 1.10

Yesterday USD/CAD touched upon the formidable resistance area at 1.10, consisting of the 2009 September high and the 17-month up-trend.

Thu, 16 Jan 2014 16:45:32 GMT

AUD/USD challenges August low

Although the Aussie has been recently showing bullish signs and willingness to rise, the possible recovery was not supported from a fundamental perspective, forcing the currency to nurture broad losses.

Thu, 16 Jan 2014 16:45:25 GMT

EUR/JPY lost momentum ahead of monthly PP

EUR/JPY stalled after rallying from the 55-day SMA and hitting the monthly pivot point afterwards, meaning the bearish correction of the up-move started in November may drag on.

Thu, 16 Jan 2014 07:53:32 GMT

EUR/USD returns to up-trend

As expected, the support, created by the weekly PP and the 55-day SMA, proved to be unable to withstand the selling pressure, and the currency pair tripped to the long-term up-trend line.

Thu, 16 Jan 2014 07:53:23 GMT

GBP/USD fails to overcome 1.6449/43

The Cable is at the moment eroding a key support, which may entail a massive sell-off.

Thu, 16 Jan 2014 07:53:15 GMT

USD/JPY erases recent losses

Given that the 2013 highs and the monthly PP are now not impeding USDJPY's advancement, the price is poised to mount the weekly R1.

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