Technical Analysis

Note: This section contains information in English only.
Thu, 01 Jun 2017 13:36:58 GMT

Kiwi retreats as expected

By the middle of Thursday's trading session the New Zealand Dollar seemed to have found support against the US Dollar.

Thu, 01 Jun 2017 13:35:27 GMT

USD/CAD trades at 1.35 on Thursday

By the middle of Thursday's trading session the US Dollar remained unchanged against the Loonie exactly at the 1.35 mark.

Thu, 01 Jun 2017 13:33:54 GMT

AUD/USD plunges on Thursday

AUD/USD is driven by strong downside momentum for the second consecutive day, supposedly being under pressure due to weak fundamentals from China.

Thu, 01 Jun 2017 13:31:59 GMT

EUR/JPY breaks support at 124.82

The European common currency was trading with low volatility during the morning session, resulting in slight appreciation against the Yen.

Thu, 01 Jun 2017 08:14:33 GMT

XAU/USD appreciation might be expected

The yellow metal has started this trading session with slight losses against the US Dollar.

Thu, 01 Jun 2017 08:13:06 GMT

EUR/USD trades below weekly R1

EUR/USD was trading in a small range below the weekly R1 at 1.12480 since mid-Wednesday.

Thu, 01 Jun 2017 07:42:42 GMT

USD/JPY: no significant changes expected

The USD/JPY pair's behavior fell in line with expectations yesterday, as the exchange rate remained relatively unchanged and no level of significance was pierced.

Thu, 01 Jun 2017 07:40:35 GMT

GBP/USD flirts with 1.29

For the third consecutive day yesterday the British currency was able to avoid losses and outperform the US Dollar, continuously retesting the wedge's support line.

Wed, 31 May 2017 13:25:03 GMT

Kiwi reaches new heights

The New Zealand Dollar has broken past the 0.71 mark against the US Dollar.

Wed, 31 May 2017 13:23:34 GMT

USD/CAD unaffected by fundamentals

At 12:30 GMT the Canadian GDP data was released, and the data sets were better than expected, which caused a decline of the USD/CAD currency exchange rate.

Wed, 31 May 2017 13:21:57 GMT

AUD/USD weaker in spite of fundamentals

AUD/USD points to stronger downside risks in this trading session.

Wed, 31 May 2017 13:20:13 GMT

EUR/JPY tests 20-day SMA at 124.40

Tuesday's strong downside momentum lost its strength in the evening, closing at the psychologically-significant 124.00 level.

Wed, 31 May 2017 07:35:36 GMT

Gold is set to decline

Seems like the yellow metal is set to lose more value than it was previously though.

Wed, 31 May 2017 07:29:24 GMT

USD/JPY gravitates towards 111.00

As was anticipated, the resistance area circa 111.40 caused the US Dollar to weaken against the Japanese Yen on Tuesday, with the weekly S1 at 110.76 limiting the losses.

Wed, 31 May 2017 07:27:45 GMT

GBP/USD in limbo between 1.28 and 1.29

The Cable managed to recover from its intraday low yesterday, but failed to breach the immediate resistance, which resulted in trade remaining relatively flat.

Wed, 31 May 2017 07:26:05 GMT

EUR/USD remains below 1.12 mark

After a large increase in the volatility of the EUR/USD currency pair during the second half of Tuesday's trading session the currency exchange rate remained below the 1.12 mark on Wednesday morning.

Tue, 30 May 2017 13:37:38 GMT

Kiwi remains below 0.71 level

During the first half of Tuesday's trading session the New Zealand Dollar fluctuated around the 100-day SMA against the US Dollar.

Tue, 30 May 2017 13:36:11 GMT

USD/CAD breaks resistance

The surge, which was expected to occur during Monday's trading session, has occurred in the first half of Tuesday's trading.

Tue, 30 May 2017 13:34:43 GMT

AUD/USD makes U-turn

Not being able to overcome the 20-day SMA at 0.7427 for the third consecutive day, the Aussie started the morning session with slight appreciation against the US dollar.

Tue, 30 May 2017 13:33:01 GMT

EUR/JPY: downside risks stronger

The European common currency opened this trading session slightly below the 20-day SMA at 124.28.

Tue, 30 May 2017 06:25:43 GMT

Gold remains below 1,270 mark

On Tuesday morning the yellow metal remained near previous sessions levels. Although it was expected that the commodity price will decline as low as the weekly PP at the 1,261.80 level, the bullion has continued to pound the resistance of the monthly PP at 1,269.77 for more than the last 24 hours.

Tue, 30 May 2017 06:23:38 GMT

USD/JPY keeps sliding down

The USD/JPY currency pair opened the week with flat trade, but with the bearish momentum slightly prevailing.

Tue, 30 May 2017 06:22:02 GMT

GBP/USD retests wedge's support

The GBP/USD pair behaved in accordance with expectations yesterday, having recovered only half way towards the weekly pivot point.

Tue, 30 May 2017 06:19:56 GMT

EUR/USD consistent with forecast

As it was expected the common European currency retreated down to the weekly S1 at the 1.1141 level against the US Dollar.

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