Technical Analysis

Wed, 25 Mar 2015 08:01:45 GMT

EUR/USD hovers below monthly S2

On Tuesday, EUR/USD has initially succeeded in crossing the major resistance line at 1.0942, represented by the monthly S2.

Tue, 24 Mar 2015 15:50:10 GMT

NZD/USD gains a foothold above 0.7600

Yesterday the Kiwi added 75 pips, as it ignored the 100-day SMA. The currency also managed to challenge the Bollinger band, but ended the trading session at 0.7650.

Tue, 24 Mar 2015 15:39:04 GMT

USD/CAD gravitates towards 1.2430

The US Dollar underperformed relative to the Loonie on Monday, and although the loss was minor, the Buck nonetheless ignored the monthly pivot point.

Tue, 24 Mar 2015 15:28:04 GMT

AUD/USD preserves bullish momentum

The Australian Dollar moved even higher, breaching the downsliding channel's resistance line.

Tue, 24 Mar 2015 15:17:03 GMT

EUR/JPY extends a rally

The cross extended its rally for the second day, although the gains were limited by the 20-day SMA.

Tue, 24 Mar 2015 09:20:06 GMT

XAU/USD consolidates above 2013 low

XAU/USD cross continued to recover from its worst loss which sent Gold below 1,150 during the second week of March.

Tue, 24 Mar 2015 09:09:04 GMT

USD/JPY keeps surprising

The US Dollar keeps surprising with its performance.

Tue, 24 Mar 2015 08:55:03 GMT

GBP/USD retreats step by step

The British Pound fell on Monday, although not as far as anticipated.

Tue, 24 Mar 2015 08:44:41 GMT

EUR/USD surged to reach monthly S2

For a second consecutive day, EUR/USD gained more than 100 pips.

Mon, 23 Mar 2015 16:23:05 GMT

NZD/USD soars over the down-trend

The Kiwi covered 156 pips on Friday, breaching all potential obstacles on its path. Importantly, NZD/USD breached the resistance trend-line before ending the trading day at 0.7656.

Mon, 23 Mar 2015 16:12:04 GMT

USD/CAD negates Thursday rally

USD/CAD fell deeper than on Wednesday. Nevertheless, the monthly PP remained a strong support level. By the end of the trading session the pair settled at 1.2549.

Mon, 23 Mar 2015 16:01:09 GMT

AUD/USD rushed back to the top

On Friday, the US Dollar weakened versus its Australian counterpart, and the AUD/USD pair surged 124 pips.

Mon, 23 Mar 2015 15:32:04 GMT

EUR/JPY regains ground

The single European currency advanced and ended Friday's trading session right on the monthly S2 at 129.84.

Mon, 23 Mar 2015 08:19:25 GMT

XAU/USD breaches 1,173 from third attempt

Gold rebounded for a third consecutive day on Friday and crossed a number of important resistances on its way to the north.

Mon, 23 Mar 2015 08:19:19 GMT

USD/JPY tumbled unexpectedly

US Dollar's behaviour surprised last Friday, as the Buck plunged versus the Yen.

Mon, 23 Mar 2015 08:19:13 GMT

GBP/USD rises on Fed's rate expectations

Despite all the expectations, the Sterling managed to bounce back against the Greenback on Friday, amid potentially slower US interest rate increases than previously anticipated.

Mon, 23 Mar 2015 08:19:06 GMT

EUR/USD returns above 1.08

EUR/USD decided to jump considerably again on Friday, by gaining just below 200 pips during the trading session.

Fri, 20 Mar 2015 15:49:04 GMT

NZD/USD retreats to 0.7410

On Thursday, NZD/USD edged down lower than anticipated. The forecast suggested a decline to 0.7450, or in the worst case to 0.7323, whereas the Kiwi breached the nearest support cluster and settled at 0.7410.

Fri, 20 Mar 2015 15:38:04 GMT

USD/CAD rebounds after a plunge

There were no surpises in the pair's performance on Thursday. The exchange rate negated some of the Wednesday's losses and ended the trading session at 1.2716.

Fri, 20 Mar 2015 15:27:04 GMT

AUD/USD turns back, erases most gains

The pair fell under the downward pressure after a strong rally. The dip turned out to be substantial, as the closest support level lacked the strength to prevent the decline.

Fri, 20 Mar 2015 15:10:04 GMT

EUR/JPY makes a correction

A correction took play on Thursday, and the cross covered almost the same number of pips as on Wednesday, but in the opposite direction.

Fri, 20 Mar 2015 07:54:51 GMT

XAU/USD remains below resistance at 1,173

XAU/USD cross made the second attempt in two days to breach one of the strongest resistance levels that are located close to current trading levels.

Fri, 20 Mar 2015 07:54:45 GMT

USD/JPY crawling out of the pit

The US Dollar overperformed the Yen yesterday, as initial resistance failed to stop the currency from advancing.

Fri, 20 Mar 2015 07:54:39 GMT

GBP/USD undergoes a correction

As expected, the Sterling bounced back on Thursday and almost completely erased Wednesday's gains.

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