Technical Analysis

Fri, 10 Apr 2015 07:21:15 GMT

EUR/USD retreats most since Mar 19

Eventually, EUR/USD dropped below one of the strongest support levels yesterday, which is represented by 2003 low at 1.0759.

Thu, 09 Apr 2015 14:24:06 GMT

NZD/USD edges higher

The New Zealand Dollar regained upward momentum on Wednesday. In accordance with the forecast, NZD/USD breached the first two resistance levels, but lacked the strength to reach 0.76.

Thu, 09 Apr 2015 14:13:04 GMT

USD/CAD to offset yesterday's gains

USD/CAD rallied on Wednesday, in spite of the expectations. At first the Greenback fell as far as 1.24, although a sudden change of heart happened amid the hawkish meeting minutes, and the pair rose.

Thu, 09 Apr 2015 14:02:06 GMT

AUD/USD closes in on the channel border

As expected, the Aussie appreciated against the Greenback yesterday, despite the presence of some bearish signs.

Thu, 09 Apr 2015 13:51:37 GMT

EUR/JPY extends fall

Yesterday, the EUR/JPY currency pair edged down for the third day, successfully breaching the support cluster around 130.

Thu, 09 Apr 2015 07:29:42 GMT

XAU/USD to be limited by weekly PP/20-day SMA

It seems that three strong resistance levels came together in order to push Gold to the downside.

Thu, 09 Apr 2015 07:29:33 GMT

USD/JPY suffers a minor setback

USD/JPY fell down yesterday, but not as hard as expected.

Thu, 09 Apr 2015 07:29:24 GMT

GBP/USD rallies

Despite the expectations, the currency pair edged up on Wednesday.

Thu, 09 Apr 2015 07:29:16 GMT

EUR/USD neared 2003 low

On Wednesday, EUR/USD has mostly hovered just in between two important technical levels, including monthly PP and weekly S1.

Wed, 08 Apr 2015 15:13:03 GMT

NZD/USD set to rebound

No surprises concerning NZD/USD pair occurred yesterday. The US Dollar outperformed its New Zealand counterpart, and the rate dropped to 0.7504, just four pips above the forecast.

Wed, 08 Apr 2015 15:02:04 GMT

USD/CAD poised for a decline

The currency pair confirmed the forecast, as it edged up on Tuesday; however, the gains were relatively small, only 26 pips.

Wed, 08 Apr 2015 14:51:04 GMT

AUD/USD showing no signs of decline

The Aussie rebounded yesterday, as was expected. The pair tested the resistance cluster around 0.7705, but lacked the strength to breach it.

Wed, 08 Apr 2015 13:59:46 GMT

EUR/JPY trips again

On Tuesday, the EUR/JPY cross edged down, but encountered a support cluster around 130.10.

Wed, 08 Apr 2015 06:58:07 GMT

XAU/USD is little changed around 100-day SMA

On Tuesday, the bullion remained broadly unchanged in its price for the second consecutive day.

Wed, 08 Apr 2015 06:57:58 GMT

USD/JPY negates two-week losses

Yesterday, US Dollar advanced versus Yen for the second day, exceeding Monday's rally.

Wed, 08 Apr 2015 06:57:48 GMT

GBP/USD closes in on 1.47

The support cluster around 1.4866 failed to stop GBP/USD from declining on Tuesday.

Wed, 08 Apr 2015 06:57:41 GMT

Bears send EUR/USD towards monthly PP

Yesterday, EUR/USD's bears managed to push it below major support at 1.09.

Tue, 07 Apr 2015 14:33:04 GMT

NZD/USD might reach 0.75

In spite of all the expectations the Kiwi slumped versus the US Dollar. The nearest support cluster was breached, whereas the 100-day SMA prevented the pair from ceding even more ground.

Tue, 07 Apr 2015 14:22:05 GMT

USD/CAD hesitates

The US Dollar remained relatively unchanged against its Canadian counterpart. There was only a slight decline, as the pair opened under the channel's support trend-line.

Tue, 07 Apr 2015 14:11:04 GMT

AUD/USD ascends after RBA statement

There were no surprises with AUD/USD over the day, as the Aussie declined against the US Dollar.

Tue, 07 Apr 2015 14:00:09 GMT

EUR/JPY experiences a setback

The cross remained relatively unchanged after testing the Bollinger band at 131.31 on Monday.

Tue, 07 Apr 2015 06:48:11 GMT

XAU/USD closes below 55-day SMA after major jump

Even though the precious metal has a rather volatile trading session on Monday, it managed to close just marginally above the day's opening mark.

Tue, 07 Apr 2015 06:48:03 GMT

USD/JPY regains upward momentum unexpectedly

On Monday, the US Dollar misbehaved, as a correction took place instead of a slump.

Tue, 07 Apr 2015 06:47:55 GMT

GBP/USD fluctuates around 1.49

Even though GBP/USD remained well within predicted boundaries, US Dollar still put weight on the pair.

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