Technical Analysis

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Mon, 17 Apr 2017 08:27:33 GMT

EUR/USD faces resistance on Monday

On Monday morning the common European currency began the day against the US Dollar by facing a combined resistance cluster of the weekly PP at 1.0621 and the 100-day SMA at 1.0627.

Fri, 14 Apr 2017 14:06:52 GMT

Kiwi remains unchanged

By the middle of Friday's trading the New Zealand Dollar remained at the opening price of 0.7000 against the US Dollar.

Fri, 14 Apr 2017 14:03:43 GMT

USD/CAD returns to trade above 1.3320 level

During the first half of Friday's trading session the US Dollar traded against the Canadian Dollar above a previously described and significant cluster of levels of significance.

Fri, 14 Apr 2017 14:00:36 GMT

AUD/USD targets strong resistance cluster

After its rally yesterday, AUD/USD continues to appreciate against the Greenback for the third consecutive day.

Fri, 14 Apr 2017 13:58:12 GMT

EUR/JPY approaches weekly S3

Contrary to expectations, EUR/JPY managed to breach the bottom trend-line of the longer-term broadening wedge as well as the monthly S2 at 115.81.

Fri, 14 Apr 2017 07:31:24 GMT

Gold remains below 1,290 level

On Friday morning the yellow metal's price remained unchanged, as it was not traded due to Easter Holidays.

Fri, 14 Apr 2017 07:30:21 GMT

USD/JPY attempts to remain above 109.00

Rather mixed fundamental data on Thursday caused the US Dollar not only to avoid losses, but also to refrain from posting any substantial gains.

Fri, 14 Apr 2017 07:29:31 GMT

GBP/USD anchored around 1.25

On Thursday, the British currency suffered a relatively serious loss against the US Dollar, having almost completely erased Wednesday's gains.

Fri, 14 Apr 2017 07:28:36 GMT

EUR/USD retreats back to 1.06 level

During the early hours of Friday's trading session the common European currency traded near the 1.06 level against the US Dollar, and the pair was positioned for a decline during the day's trading.

Thu, 13 Apr 2017 14:25:05 GMT

Kiwi breaks resistance

Due to Donald Trump's comments the New Zealand Dollar has managed to break the long term down-trend line against the US Dollar.

Thu, 13 Apr 2017 14:21:51 GMT

USD/CAD below 1.3250 mark

By the middle of Thursday's trading session the US Dollar had fallen to a support cluster near the 1.3230 mark against the Canadian Dollar.

Thu, 13 Apr 2017 14:16:33 GMT

AUD/USD surges in response to fundamentals

Australia's better-than-expected employment data and the Trump Tumble left the Aussie in the green area on Wednesday.

Thu, 13 Apr 2017 14:13:51 GMT

EUR/JPY tests trend-line at 115.93

Economic uncertainty continues to impinge heavily on the European single currency, with the Euro slipping to a five-month low.

Thu, 13 Apr 2017 08:07:12 GMT

Gold reaches above 1,285 level

Due to US Dollar weakness caused by comments made by Donald Trump on Wednesday the yellow metals price jumped and reached above the 1,285 level.

Thu, 13 Apr 2017 08:06:08 GMT

USD/JPY attempts to erase Wednesday's losses

The USD/JPY currency pair experienced another leg down on Wednesday, causing the descending channel's support line to be reconfirmed.

Thu, 13 Apr 2017 08:00:31 GMT

GBP/USD takes a shot at breaking the down-trend

The Cable's upside development yesterday caused the six-month down-trend to be put to the test again, pointing to a possible trend reversal.

Thu, 13 Apr 2017 07:58:23 GMT

EUR/USD trades near 1.06 mark

The common European currency traded above the 1.0650 mark against the US Dollar o

Wed, 12 Apr 2017 14:06:52 GMT

Kiwi gets pushed lower

During the first half of Wednesday's trading session the New Zealand Dollar finally fell against the US Dollar. It occurred exactly as forecasted before.

Wed, 12 Apr 2017 14:02:50 GMT

USD/CAD remains above support

By the middle of Wednesday's trading session the US Dollar remained above the support level just above the 1.33 mark against the Canadian Dollar.

Wed, 12 Apr 2017 13:59:58 GMT

AUD/USD near three-month low

Tuesday's closing in the red zone suggests the dominance of the double top pattern over any upside risks, indicating that a sharp decline may be due.

Wed, 12 Apr 2017 13:57:34 GMT

EUR/JPY outlook is bearish

During the early hours of Wednesday's trading session, EUR/JPY tested the downward-sloping channel apparent in the hourly chart, failing to penetrate the bottom channel line at 116.00.

Wed, 12 Apr 2017 07:51:53 GMT

Gold skyrockets on political turmoil

The US and Russian tensions over Syria and North Korean nuclear threats are the driving force behind the surge in the value of the yellow metal.

Wed, 12 Apr 2017 07:49:27 GMT

USD/JPY to approach 109.00

The US Dollar suffered a great deal on Tuesday, amid rising tensions over both Syria and North Korea.

Wed, 12 Apr 2017 07:47:50 GMT

GBP/USD reluctant to leave bearish trend

A set of upbeat inflation data on Tuesday provided the Sterling with a sufficient boost to once again stabilise above the cluster of important levels circa 1.2330.

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