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EUR/USD 4H Chart: Triangle
Tue, 16 Dec 2014 09:12:37 GMT
 
The pair is consolidating around the 1.23/1.24 levels and that has pushed the pair into a triangle pattern. Currently, the apex of the triangle pattern has been reached and that could >>
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AUD/USD 1H Chart: Descending Triangle
Tue, 16 Dec 2014 09:12:29 GMT
 
The Aussie continue to underperform relative to the US Dollar; however, after finding a support level around 0.82 it managed to form a descending triangle pattern. The pattern has already left >>
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GBP/USD moves closer to 1.56
Tue, 16 Dec 2014 09:11:57 GMT
 
GBP/USD dipped 0.58% yesterday, as most of the US data were released positive. >>
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USD/JPY to reach monthly PP
Tue, 16 Dec 2014 09:11:38 GMT
 
USD/JPY slipped 0.71% in the first day of the week, as the pair continues its phase of correction. >>
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Gold's decline stopped by weekly S1
Tue, 16 Dec 2014 09:03:03 GMT
 
On Monday, Gold declined significantly and even breached the important support at $1,205. >>
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USD/JPY correction can extend to 116.75
Tue, 16 Dec 2014 09:02:54 GMT
 
USD/JPY has extended its correction to 117 level and shortly the pair will face the weekly S1 and monthly PP at 116.91/75 that could halt the decline. >>
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GBP/USD dives beneath 1.57
Tue, 16 Dec 2014 09:02:44 GMT
 
The GBP/USD cross has failed to surpass the monthly PP at 1.5755 repeatedly and that has dragged the pair below the weekly PP that is located at 1.5672. >>
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EUR/USD unable to cross monthly PP
Tue, 16 Dec 2014 09:02:31 GMT
 
EUR/USD cross was pretty much unchanged during the first day of the new week, even though it managed to rise above the significant resistance line, represented by the monthly pivot >>
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Morning Press Review
Tue, 16 Dec 2014 08:44:15 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Gold's decline stopped by weekly S1
Tue, 16 Dec 2014 08:27:56 GMT
 
Yesterday, the price of yellow metal lost as much as 2.40% and registered its fastest decline since November 27. >>
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EUR/USD unable to cross monthly PP
Tue, 16 Dec 2014 08:27:46 GMT
 
During the first day of the new trading week, the shared European currency managed to increase in value against the majority of currencies on the foreign exchange market. >>
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Australia's budget deficit to expand, unemployment to rise, Mid-Year Outlook shows
Tue, 16 Dec 2014 08:08:23 GMT
 
Australia's conservative party said it projects the nation's deficit to expand and stressed that falling commodity prices and political opposition to proposed austerity measures impacted severely on what a few >>
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China's manufacturing activity contracts in December, HSBC says
Tue, 16 Dec 2014 07:57:13 GMT
 
China's factory activity declined to the lowest level in seven month in December, indicating a stagnant growth of the world's second biggest economy in the final quarter of the year. >>
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UK manufacturing ends 2014 on positive note, house prices plummet
Tue, 16 Dec 2014 07:46:14 GMT
 
The British manufacturing sector is ending 2014 on a more positive note, after having lost some steam earlier in the year. >>
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US industrial production surges, Empire State manufacturing Index fall
Tue, 16 Dec 2014 07:35:05 GMT
 
Industrial production in the world's number one economy rose in November as factories increased output of cars, machinery, clothing and other goods, a sign of surging demand for American products >>
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