Technical Analysis

Mon, 29 May 2017 13:22:24 GMT

USD/CAD trades near 1.35 mark

After failing to break the resistance put up by the 55-day SMA at the 1.3482 level on Friday, the US Dollar has retreated against the Canadian Dollar.

Mon, 29 May 2017 13:19:01 GMT

AUD/USD weaker on Monday

The Aussie continues to depreciate against the US Dollar for the third consecutive day.

Mon, 29 May 2017 13:17:01 GMT

EUR/JPY finds support at 124.23

The Euro's plunge on Friday was halted by the 20-day SMA around 124.10.

Mon, 29 May 2017 08:34:47 GMT

Gold reaches near 1,270 level

The yellow metal started the week below the 1,270 mark with a decline. The reason for the decline was the fact that the commodity price already reached and has bounced off the resistance put up by the monthly PP, which is located at the 1,269.77 level.

Mon, 29 May 2017 08:30:35 GMT

USD/JPY remains on the back foot

Even though Friday's fundamentals turned out to be better than expected, the Core Durable Goods Orders still weighed on the Buck, ultimately resulting in the USD/JPY pair weakening that day.

Mon, 29 May 2017 08:28:57 GMT

GBP/USD: correction anticipated

The Sterling suffered from the election polls, which showed that Theresa May is barely ahead, thus, resulting in a breach of the strong support cluster around 1.2850.

Mon, 29 May 2017 08:26:44 GMT

EUR/USD trades below 1.12 mark

On Monday morning the common European currency began the week against the US Dollar below the resistance near the 1.1190 level.

Fri, 26 May 2017 13:24:14 GMT

Kiwi breaks resistance on Friday

During the first half of Friday's trading session, the Kiwi scored gains against the Greenback, as even positive fundamental data published in the US could not stop the surge.

Fri, 26 May 2017 13:23:45 GMT

USD/CAD is squeezed in

By the middle of Friday's trading session, the US Dollar was squeezed in against the Canadian Dollar between two lone levels of significance.

Fri, 26 May 2017 13:23:11 GMT

AUD/USD unchanged today

Following the massive plunge on Thursday, traders demonstrate indecision in this trading session, as AUD/USD continues to fluctuate near the opening price.

Fri, 26 May 2017 13:17:27 GMT

EUR/JPY trades in red area

In line with expectations, EUR/JPY closed Thursday's trading session at 125.40 - the highest level since April 2016 that had already provided resistance last week.

Fri, 26 May 2017 08:22:34 GMT

Gold fails to surge above 1,260

On Friday morning the yellow metal's price remained below the 1,260 mark, as it failed to reach for the levels near the 1,270 level.

Fri, 26 May 2017 08:21:14 GMT

USD/JPY still anchored to 55-day SMA

The Greenback successfully outperformed the Japanese Yen on Thursday, causing another setback in the anticipated decline towards 111.00.

Fri, 26 May 2017 08:19:46 GMT

GBP/USD to retest trends' supports

Yesterday, once again the Cable remained relatively unchanged, experiencing a small decline, which caused the consolidation trend to be preserved for another day.

Fri, 26 May 2017 08:18:19 GMT

EUR/USD rebounds back above 1.12

During the early hours of Friday's trading session the common European currency traded against the US Dollar just above the strong support cluster near the 1.1190 level.

Thu, 25 May 2017 13:16:07 GMT

Kiwi stops its surge

The New Zealand Dollar has encountered resistance against the US Dollar, as the 100-day SMA has pushed the pair lower.

Thu, 25 May 2017 13:13:24 GMT

USD/CAD rebounds against support

After falling majorly against the Canadian Dollar the US Dollar has found support in the lower trend line of the long term ascending channel on Thursday.

Thu, 25 May 2017 13:11:41 GMT

Aussie plunges against US Dollar on Thursday

The Aussie was appreciating steadily against the US Dollar during the morning session before plunging as low as 0.7460.

Thu, 25 May 2017 13:09:49 GMT

EUR/JPY becomes slightly bearish

The Euro started today's trading session with strong appreciation against the Yen.

Thu, 25 May 2017 08:01:36 GMT

Gold remains below 1,260 level

As the FOMC Meeting Minutes did not change the opinion of the market participants in regards to US rate hikes this year, the bullion began to regain previously lost ground.

Thu, 25 May 2017 07:59:38 GMT

EUR/USD rebounds back above 1.12

On Thursday morning the common European currency was continuing the surge against the US Dollar.

Thu, 25 May 2017 07:29:27 GMT

USD/JPY stuck between 110.50 and 112.00

The US Dollar weakened against the Yen on Wednesday, but managed to avoid serious losses by closing at 111.50.

Thu, 25 May 2017 07:27:40 GMT

GBP/USD risks ending consolidation

Even though the Cable failed to behave in accordance with expectations yesterday, the consolidation trend still remained intact.

Wed, 24 May 2017 13:40:36 GMT

NZD/USD in Tuesday's range

During the first half of Wednesday's session the Kiwi had marked a green candle against the US Dollar.

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