Technical Analysis

Mon, 10 Apr 2017 14:23:29 GMT

Loonie surges against US Dollar

By the middle of Monday's trading session the Canadian Dollar had broken resistance against the US Dollar, as the USD/CAD currency exchange rate was approaching the 1.3350 mark.

Mon, 10 Apr 2017 14:19:31 GMT

AUD/USD tests lower Bollinger band

The general trend for the Aussie has been bearish for the last trading sessions.

Mon, 10 Apr 2017 14:16:04 GMT

Euro appreciates against Yen

EUR/JPY may be forming a downward-sloping channel that is yet to be confirmed.

Mon, 10 Apr 2017 07:40:36 GMT

Gold retreats to previous levels

The yellow metal's price has returned back to the levels just above the 1,250 mark. The jump witnessed on Friday receded, as the financial markets and the world calmed down after the US missile strikes in Syria.

Mon, 10 Apr 2017 07:38:54 GMT

USD/JPY stabilises above 111.00

In spite of a poor US NFP reading, the Buck still managed to recover from its intraday low and close trade in the green zone against the Yen on Friday.

Mon, 10 Apr 2017 07:36:54 GMT

GBP/USD takes a breath after Friday's plunge

A rather unexpected development occurred on Friday, being that the British Pound fell under sharp selling pressure, while the Greenback soared across the board.

Mon, 10 Apr 2017 07:34:14 GMT

EUR/USD falls below 1.06 mark

On Monday morning the common European currency fluctuated rather flat against the US Dollar below the 1.06 level.

Fri, 07 Apr 2017 14:42:00 GMT

AUD/USD approaches strong support around 0.7000

The prevalence of bears on this trading session has pushed the Aussie downwards through the weekly S2 and closer to a support cluster formed by the 100-day SMA, the lower Bollinger band and the neckline of a double top pattern.

Fri, 07 Apr 2017 14:34:25 GMT

Kiwi fails to break resistance

By the middle of Friday's trading session the New Zealand Dollar had traded against the US Dollar as forecasted during the two previous trading sessions.

Fri, 07 Apr 2017 14:31:38 GMT

USD/CAD falls on Friday

At the start of Friday's trading session it seemed that the Greenback will score more gains against the Loonie.

Fri, 07 Apr 2017 14:28:39 GMT

EUR/JPY: reversal expected

The US airstrike on Syria early this morning resulted in a sharp plunge for the European common currency, increasing safe-haven demand for the Yen.

Fri, 07 Apr 2017 08:03:33 GMT

Gold jumps on Friday

On Friday the yellow metal's price jumped due to events in the world. The bullion's price surged due to the missile strikes conducted by the US on Syrian airfields.

Fri, 07 Apr 2017 08:01:30 GMT

USD/JPY in limbo ahead of US NFP

There has been barely any movement registered in the USD/JPY currency pair for the third day in a row yesterday, with the 110.50 mark still proving to be a tough psychological support.

Fri, 07 Apr 2017 08:00:07 GMT

GBP/USD: all signs point to the upside

The US Dollar managed to outperform the British currency, but failed to carry out the anticipated retest of the support cluster around 1.2420.

Thu, 06 Apr 2017 14:49:34 GMT

Kiwi regains Wednesday's losses

During the second half of Wednesday's trading session the NZD/USD currency exchange rate passed the support of the weekly S1 at 0.6969 and declined.

Thu, 06 Apr 2017 14:47:17 GMT

USD/CAD remains unchanged on Thursday

The Greenback showed some volatility against the Canadian Dollar during the first half of Thursday's trading session.

Thu, 06 Apr 2017 14:44:47 GMT

AUD/USD continues to weaken

The lack of strong market movers has stranded AUD/USD between the weekly S1 at 0.7585 and the 200-day SMA at 0.7554.

Thu, 06 Apr 2017 14:41:22 GMT

EUR/JPY approaches 200-day SMA

EUR/JPY has traded both in the green and red areas today. However, the downside volatility favours the euro bears, indicating that a move southward within this trading session is possible.

Thu, 06 Apr 2017 07:02:03 GMT

USD/JPY stuck around 110.75

The USD/JPY currency pair weakened for the fourth time in a row yesterday, unable to maintain trade in the green zone.

Thu, 06 Apr 2017 06:51:05 GMT

Gold struggles above 1,250 mark

During the early hours of Thursday's trading session the yellow metal's price made another attempt to break higher.

Thu, 06 Apr 2017 06:49:27 GMT

EUR/USD trades in established range

On Thursday morning the common European currency traded against the US Dollar below the resistance cluster, which it faced previously.

Thu, 06 Apr 2017 06:44:33 GMT

GBP/USD attempts to retake 1.25

Even though the ADP data surprised to the upside yesterday, the FOMC Minutes weighed on the US Dollar, allowing the Pound to erase most of Tuesday's losses.

Wed, 05 Apr 2017 15:18:10 GMT

Kiwi reaches weekly support level

While the markets expected the fundamental news from the United States, during the first half of Wednesday's trading session the New Zealand Dollar remained flat against the US Dollar.

Wed, 05 Apr 2017 15:15:14 GMT

USD/CAD is set for gains on Wednesday

By the middle of Wednesday's trading session the US Dollar had suffered minor losses against the Canadian Dollar, as the currency exchange rate found support in the weekly R1 at 1.3396 level.

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