Technical Analysis

Mon, 31 Aug 2015 13:27:56 GMT

AUD/USD inches closer to 0.71

After reaching Thursday's open price, the AUD/USD bounced back significantly, limited the losses.

Mon, 31 Aug 2015 13:27:47 GMT

USD/CAD on track to negate weekly losses

Upon reaching the immediate resistance near the major level of 1.33, the USD/CAD bounced back and, as a result, stabilised at the 1.32 mark.

Mon, 31 Aug 2015 13:27:31 GMT

NZD/USD at multi-year lows, continues dropping

Although the New Zealand Dollar did decline on Friday, the monthly S1 kept the pair from sliding down further.

Mon, 31 Aug 2015 06:35:01 GMT

XAU/USD closes above 2014 low again

After spending one full trading day (Thursday) below the 2014 low, the bullion gained enough momentum in order to be pushed back above this crucial technical level.

Mon, 31 Aug 2015 06:34:52 GMT

USD/JPY in tight range between 200-day SMA and monthly S1

The Greenback appreciated against the Yen for the third consecutive day last Friday, closing trade at 121.73.

Mon, 31 Aug 2015 06:34:46 GMT

GBP/USD stays strong above 1.54

Although the Sterling declined against the US Dollar on Friday, the Cable quickly rebounded and stabilised above the 1.54 major level over the weekend.

Mon, 31 Aug 2015 06:34:39 GMT

EUR/USD to recover Friday losses

EUR/USD increased pressure on bulls as it decided to retreat below the monthly R1 at 1.1196 on Friday.

Fri, 28 Aug 2015 14:16:04 GMT

NZD/USD continues testing 0.6640

The Kiwi managed to pierce the monthly S1 and negate Wednesday's losses yesterday; however, the 0.65 major level was not reached.

Fri, 28 Aug 2015 14:05:06 GMT

AUD/USD bounces back from weekly S1

The Aussie appreciated against the Greenback slightly more than anticipated, as the immediate resistance in face of the weekly S2 was crossed.

Fri, 28 Aug 2015 13:54:46 GMT

EUR/JPY glued to the 136.00 mark

Although the EUR/JPY currency pair reached the support cluster around 135.45, trade still closed higher at 136.07.

Fri, 28 Aug 2015 13:53:58 GMT

USD/CAD rebounds, attempts to recover from Thursday's slump

The USD/CAD behaved according to the forecast, as the Loonie strengthened due to rising oil prices.

Fri, 28 Aug 2015 08:41:05 GMT

XAU/USD stuck in the vicinity of 1,125

Gold failed to consolidate below the 1,125 support mark reinforced by the weekly S1 on Aug 27.

Fri, 28 Aug 2015 08:30:12 GMT

USD/JPY keeps trying to rise above 121.00

The USD/JPY currency pair behaved in accordance with the forecast, as it surged and stabilised at the 200-day SMA at 121.03.

Fri, 28 Aug 2015 08:19:09 GMT

GBP/USD on the edge of reaching two-month low

The Cable dropped to the lowest in the last six weeks yesterday, with the immediate support cluster barely holding the losses.

Fri, 28 Aug 2015 08:08:08 GMT

EUR/USD loses steam, drops below 1.13

Support at 1.1295/62 failed to produce any bullish momentum for long traders on Thursday.

Thu, 27 Aug 2015 15:03:15 GMT

NZD/USD stuck within the borders of weekly S2 and monthly S1

The New Zealand Dollar failed to outperform the Buck, which received a boost from better-than-expected Durable Goods Orders data release.

Thu, 27 Aug 2015 14:52:05 GMT

USD/CAD suffers another setback

The US Dollar lost its bullish momentum yesterday and edged 45 pips down, stabilising between the weekly and monthly R1s.

Thu, 27 Aug 2015 14:41:04 GMT

AUD/USD extends recovery

After some minor volatility, the Aussie managed to appreciate against the US Dollar and pierce the immediate resistance.

Thu, 27 Aug 2015 14:29:56 GMT

EUR/JPY risks falling to three-week low

The support cluster around 136.40 failed to prevent the EUR/JPY from edging lower yesterday.

Thu, 27 Aug 2015 07:24:26 GMT

XAU/USD closes below demand zone at 1,125/31

Bearish correction and a third straight day of losses pushed the price of the bullion below the most important support area at 1,131/25, where the XAU/USD rate closed Wednesday evening.

Thu, 27 Aug 2015 07:24:19 GMT

USD/JPY struggles to hold above 120.00, awaits GDP data

The Greenback not only stabilised above 120.00 yesterday, but also tested the weekly S1 at 120.41.

Thu, 27 Aug 2015 07:24:11 GMT

GBP/USD risks going further down the drain

The Cable sustained unexpectedly heavy casualties on Wednesday, after the US Durable Goods Orders showed a lot better-than-expected results.

Thu, 27 Aug 2015 07:24:01 GMT

EUR/USD confirms support at 1.14

As expected, the EUR/USD cross breached an important support line that was targeted by bears yesterday.

Wed, 26 Aug 2015 14:21:13 GMT

NZD/USD gives another shot at reclaiming 0.65

The Kiwi experienced substantial volatility to the upside, but remained relatively unchanged yesterday.

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