Technical Analysis

Mon, 18 Sep 2017 13:25:50 GMT

NZD/USD reverses on Monday

Driven by solid upside risks since September 14, the New Zealand managed to breach a minor descending channel and even test the 50.0% Fibo and the weekly R1 near the 0.7345 mark.

Mon, 18 Sep 2017 13:24:26 GMT

USD/CAD leaves 200-hour SMA behind

After testing the bottom boundary of the ascending channel, USD/CAD accelerated for a couple of hours until the 23.6% Fibo was reached.

Mon, 18 Sep 2017 13:23:09 GMT

AUD/USD forms new channel up

Following a breakout of the mediate-term descending channel, the Aussie failed to accelerate against the US Dollar, thus resulting in a narrow movement sideways.

Mon, 18 Sep 2017 13:21:30 GMT

EUR/JPY manages to reach two-year high

After reaching the psychological level of 133.00 on Friday, it was expected that the Euro would weaken against the Yen and reach for the 55-hour SMA.

Mon, 18 Sep 2017 06:08:13 GMT

XAU/USD breaks long-term channel up

Even though information released about the US Core Retail Sales appeared to be worse than analysts expected, the pair did not manage to stay in a long term-ascending channel.

Mon, 18 Sep 2017 06:03:42 GMT

USD/JPY fails to break above 111.26 two times

In line with expectations, until a release of data on the US Retail Sales the currency pair spent in an upward movement.

Mon, 18 Sep 2017 06:00:40 GMT

GBP/USD advances by another 150 points

As it was expected, the Pound continued to appreciate against the US Dollar, following a speech delivered by the External BOE MPC Member Gertjan Vlieghe on Friday.

Mon, 18 Sep 2017 05:58:47 GMT

EUR/USD begins new week near weekly PP at 1.1938

Due to release of negative data on the US Core Retail Sales, the Euro caught an upside momentum, which lasted until the pair met a resistance in the 1.1985-95 area.

Fri, 15 Sep 2017 13:19:00 GMT

NZD/USD trades in two channels

The New Zealand Dollar was able to gain strength against the Greenback on Thursday and reverse circa 0.7190.

Fri, 15 Sep 2017 13:17:37 GMT

USD/CAD returns south

USD/CAD was trading in a narrow range on Thursday morning.

Fri, 15 Sep 2017 13:15:57 GMT

AUD/USD reverses from 0.7970

Despite being driven by downside risks mid-Thursday, the Aussie managed to reverse its position at the 0.7970 mark.

Fri, 15 Sep 2017 13:14:25 GMT

EUR/JPY reacts to geopolitics

Geopolitical tensions involving North Korea and Japan have weighted heavily on the Yen, as risks-averse investors were taking their money out of this safe-haven currency.

Fri, 15 Sep 2017 06:44:31 GMT

XAU/USD stuck near 1,329.70

In line with expectations, yesterday the exchange rate did not manage to make any significant moves.

Fri, 15 Sep 2017 06:42:58 GMT

USD/JPY does not succeed to break above 111.00

As it was forecasted, in the middle of the day the currency pair indeed tried to soar to the weekly S2, which is located at the 110.98 level, but failed.

Fri, 15 Sep 2017 06:40:48 GMT

GBP/USD surges by 124 pips amid BoE decision

A decision of the Bank of England not to change the Official Bank Rate was expected to lead to sharp depreciation of the Pound.

Fri, 15 Sep 2017 06:38:56 GMT

EUR/USD fails to pass 55-hour SMA

As it was expected, first half of the previous trading session the currency pair spent near the monthly PP at 1.1881.

Thu, 14 Sep 2017 13:07:36 GMT

NZD/USD trades at channel boundary

The steady sideways momentum that was driven the pair on Thursday, changed swiftly mid-session when the New Zealand Dollar breached the monthly PP at 0.7279 and plunged against the US Dollar.

Thu, 14 Sep 2017 13:06:07 GMT

USD/CAD squeezed between 55– and 200-hour SMAs

An intersection of the 55– and 100-hour SMAs at 1.2140 proved to be a strong support for the US Dollar, as it failed to push below the given mark.

Thu, 14 Sep 2017 13:04:34 GMT

AUD/USD responds positively to Australian labour data

Despite the relatively uneventful trading since Tuesday, the Aussie plunged down to the 0.7970 mark mid-Thursday.

Thu, 14 Sep 2017 13:02:53 GMT

EUR/JPY recovers losses

After reaching the 132.00 mark early on Wednesday, bears prevailed and send the pair for a decline down to the 131.20.

Thu, 14 Sep 2017 05:38:36 GMT

XAU/USD rebounds from bottom edge of ascending channel

A release of update on the US PPI led to 0.97% appreciation of the buck against the yellow metal.

Thu, 14 Sep 2017 05:36:52 GMT

USD/JPY fails to break above 110.68

In line with expectations, the Dollar continued to advance against the Yen in a junior ascending channel, successfully crossing the upper boundary of a formed dominant formation.

Thu, 14 Sep 2017 05:35:25 GMT

GBP/USD anticipates BoE decision

As it was expected, a mismatch with experts' forecasts on the UK Average Hourly Earnings forced the pair to make a premature rebound and retreat towards the closest combined support level formed by the 100-hour SMA and the monthly R1 at 1.3208.

Thu, 14 Sep 2017 05:33:53 GMT

EUR/USD breaks long-term channel

Due to release of negative data in the United States on Producer Price Index the currency exchange rate made suddenly dropped down to the monthly PP, which is located at the 1.1881 level.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.