Technical Analysis

Fri, 11 Nov 2016 14:13:50 GMT

AUD/USD puts the 11-month up-trend to the test again

The Aussie experienced substantial volatility on Thursday, but ended the day with a slight decline, as the immediate demand area limited the losses.

Fri, 11 Nov 2016 14:13:39 GMT

EUR/JPY risks falling back under 116.00

On Thursday the Euro edged slightly higher against the Japanese Yen than expected, with trade closing at 116.40, rather than below 116.25.

Fri, 11 Nov 2016 08:38:15 GMT

EUR/USD trades below Brexit low level

The common European currency surged against the US Dollar on early Friday morning, as the currency exchange rate attempted to break the resistance put up by the Bexit low level at 1.0911.

Fri, 11 Nov 2016 08:37:51 GMT

GBP/USD attempts to reclaim the 1.26 level

The GBP/USD currency pair overperformed on Thursday, as it breached the 1.25 major level and established a new four-week high yesterday.

Fri, 11 Nov 2016 08:37:31 GMT

USD/JPY struggles to climb over 107.00

The Buck appreciated more than 100 pips against the Japanese Yen on Thursday, moving the opposite way of the expectations.

Fri, 11 Nov 2016 08:37:21 GMT

Gold falls to the 1,250 once more

It seems that the markets have fully returned to the pre-election levels, as the yellow metal was in rebound after finding support in the 1,250 level, which is the 38.20% Fibonacci retracement of the metal's historical high and low levels.

Thu, 10 Nov 2016 15:51:08 GMT

Kiwi drops on rate cut

As expected and forecasted the Kiwi fell on the Reserve Bank's of New Zealand announcement of an interest rate cut.

Thu, 10 Nov 2016 15:50:58 GMT

USD/CAD surges on Thursday

The US Dollar continued to climb against the Canadian Dollar by mid-day on Thursday, as the currency exchange rate broke once more past the weekly R1 at 1.3463.

Thu, 10 Nov 2016 15:50:43 GMT

AUD/USD puts 0.76 to the test again

The Australian Dollar experienced a sharp decline against the American Dollar on Wednesday, falling back under the 0.77 mark.

Thu, 10 Nov 2016 15:50:36 GMT

EUR/JPY attempts to reclaim 116.00

The EUR/JPY currency pair managed to stabilise above the main support area yesterday, with trade closing with a 68-pip loss yesterday.

Thu, 10 Nov 2016 08:24:45 GMT

Gold is back at pre-election levels

On early Thursday morning the yellow metal's price headed higher, as the bullion reached the 1,288 level.

Thu, 10 Nov 2016 08:24:36 GMT

USD/JPY sets eye on 105.00

Even though the US Dollar slumped more than 400 pips on Wednesday, excessive profit-taking caused the Buck to not only fully recover from those losses, but to even close trade with a 50-pip rally by the end of the day.

Thu, 10 Nov 2016 08:24:27 GMT

GBP/USD to keep edging higher

The British currency was unable to sustain solid growth, as it erased most of its intraday gains against the American Dollar on Wednesday.

Thu, 10 Nov 2016 08:24:14 GMT

EUR/USD finds support in Brexit low at 1.0912

The common European currency found support against the US Dollar in the post-Brexit low level at 1.0912.

Wed, 09 Nov 2016 15:14:01 GMT

NZD/USD falls on Wednesday

By mid-day on Wednesday the Kiwi had retreated back to the before mentioned monthly R1 at 0.7298.

Wed, 09 Nov 2016 15:13:47 GMT

USD/CAD jumps on Trump victory

The Canadian Dollar fell against the US Dollar on the news that Donald Trump has been elected president of the United States.

Wed, 09 Nov 2016 15:13:39 GMT

AUD/USD sustains sharp losses on Wednesday

The Aussie continued to edge higher against the US counterpart on Tuesday, successfully putting the weekly R2 at 0.7765 to the test.

Wed, 09 Nov 2016 15:13:28 GMT

EUR/JPY slumps amid risk-aversion

Even though the EUR/JPY currency pair put the 116.00 major level to the test yesterday, a spark of risk-aversion, triggered by the US election results, caused the given cross to plunge substantially today.

Wed, 09 Nov 2016 08:41:04 GMT

USD/JPY plunges on Trump's victory

The USD/JPY currency pair climbed over the 105.00 psychological level on Tuesday, with trade closing within the levels forming the nearest resistance cluster.

Wed, 09 Nov 2016 08:30:02 GMT

Gold jumps during the elections

Gold jumped during the US presidential election, as surprised market participants did not count on Donald Trump leading the race.

Wed, 09 Nov 2016 08:29:45 GMT

GBP/USD soars to 1.2550 amid US election results

On Tuesday the Cable remained within a tight range, namely between the monthly and the weekly PPs.

Wed, 09 Nov 2016 08:29:37 GMT

EUR/USD skyrockets on Trump lead

The common European currency skyrocketed and touched 1.13 level on Wednesday morning against the US Dollar.

Tue, 08 Nov 2016 14:30:22 GMT

NZD/USD falls by mid-Tuesday

The NZD/USD currency exchange rate continued to once more retreat from the ascending channel pattern's upper trend line during Tuesday'' trading session.

Tue, 08 Nov 2016 14:30:12 GMT

USD/CAD unchanged on US Election Day

The US Dollar was almost frozen against all other currencies, including the Canadian Dollar, as the currency exchange rate was only four pips higher than the opening price by mid-Tuesday.

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