Technical Analysis

Wed, 13 Sep 2017 13:17:06 GMT

NZD/USD near monthly PP

Following a solid appreciation on Tuesday morning, NZD/USD formed a slight consolidation period in the 0.7320/0.7280 area.

Wed, 13 Sep 2017 13:15:53 GMT

USD/CAD tests support cluster

The Greenback continued its gradual appreciation against the Canadian Dollar on Tuesday, thus breaching the 100–hour SMA and the upper channel boundary.

Wed, 13 Sep 2017 13:14:34 GMT

AUD/USD remains stable

The 0.8050 mark proved to be strong resistance for AUD/USD on Tuesday, as the failure to move past this level resulted in a short-term movement sideways.

Wed, 13 Sep 2017 13:13:15 GMT

EUR/JPY reaches 2017 high

EUR/JPY was driven by strong upside momentum on Tuesday, even despite technical indicators pointing to a possible correction south.

Wed, 13 Sep 2017 05:42:53 GMT

XAU/USD trades around 1,329.68

Even though the pair managed to cross the weekly S1 at 1,329.68 yesterday, the pressure of the bears was not strong enough to push it to the bottom edge of a dominant ascending channel.

Wed, 13 Sep 2017 05:41:31 GMT

USD/JPY confidently moves to north

In result of the yesterday's advance, the currency exchange rate managed to cross practically all barriers on its way.

Wed, 13 Sep 2017 05:39:56 GMT

GBP/USD to reach upper edge of dominant pattern

Due to release of satisfying data on the UK CPI, the Pound got an upside momentum that helped it to cross the monthly R1 at 1.3208 and then continue the surge.

Wed, 13 Sep 2017 05:38:20 GMT

EUR/USD tries to bypass 1.20 level

In line with expectations, a resistance created by the 55- and 100-hour SMAs prevented the further advance of the Euro against the Greenback.

Tue, 12 Sep 2017 13:27:10 GMT

NZD/USD bearish on Tuesday

As previously expected, the Kiwi depreciated against the US Dollar until 0.7230 when a sudden two-hour surge starting at 0600GMT pushed the rate as high as the 0.7310 mark.

Tue, 12 Sep 2017 13:25:55 GMT

USD/CAD marks no changes

After reaching a two-year low, the US Dollar has been trading sideways for the third consecutive session, thus failing to surpass the 55-hour SMA for most of the time.

Tue, 12 Sep 2017 13:24:31 GMT

AUD/USD flashes mixed signals

AUD/USD was stranded in a narrow range between the 55– and 100-hour SMAs on Monday.

Tue, 12 Sep 2017 13:23:00 GMT

EUR/JPY surges up to 131.20

The common European currency continued its surge against the Yen on Monday, being driven mainly by mitigated political risks over the globe.

Tue, 12 Sep 2017 08:01:14 GMT

USD/JPY tests 109.60

In line with expectations, the US Dollar surged against the Yen on Monday, resulting in a 117-pip appreciation within one day.

Tue, 12 Sep 2017 07:59:28 GMT

GBP/USD returns near monthly R1

The GBP/USD currency pair was characterised by a lack of volatility on Monday.

Tue, 12 Sep 2017 07:38:31 GMT

XAU/USD set for more losses

The bearish scenario came true on Monday for the yellow metal. The bullion's price fell below the 1,330 mark in the second half of the day's trading session.

Tue, 12 Sep 2017 07:35:56 GMT

EUR/USD reaches medium support

The common European currency continued its decline against the US Dollar, as it was expected on Monday.

Mon, 11 Sep 2017 13:03:45 GMT

NZD/USD recovers losses on Monday

The massive surge up to the 0.7340 mark that was apparent on Friday was followed by a similar-scale decline.

Mon, 11 Sep 2017 13:02:32 GMT

USD/CAD pressured by 55-hour SMA

The US Dollar managed to accelerate against its Canadian counterpart on Friday and consequently confirm a descending channel.

Mon, 11 Sep 2017 13:00:51 GMT

AUD/USD erases Friday gains

It was no surprise when the massive surge on Thursday and Friday was followed by a correction period, thus erasing nearly half of gains accumulated during these two days.

Mon, 11 Sep 2017 12:59:08 GMT

EUR/JPY opens near 130.00 on Monday

The Euro failed to edge higher on the second half of Friday, thus fluctuating in the 129.90/60 area for the remaining trading hours.

Mon, 11 Sep 2017 06:48:46 GMT

XAU/USD falls below 1,340.60

The way the exchange rate started new trading week confirmed that previously it was moving in a medium-term rising wedge.

Mon, 11 Sep 2017 06:47:14 GMT

USD/JPY encounters combined resistance

As it was expected, the new trading week the Greenback started in a recovery against the Yen.

Mon, 11 Sep 2017 06:45:45 GMT

GBP/USD reaches monthly R1 at 1.3208

Due to positive numbers that were revealed during a release on the UK Manufacturing Production, the Pound caught an upside momentum that helped it to reach the monthly R1 at 1.1320.

Mon, 11 Sep 2017 06:44:20 GMT

EUR/USD slips to weekly PP at 1.1999

On Friday, the currency exchange rate acted in accordance with one of the scenarios, which suggested that as soon as markets will calm down the buck is going to try restoring some lost positions.

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