Technical Analysis

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Thu, 09 Feb 2017 14:59:22 GMT

Kiwi plummets on Thursday

The Kiwi continued its falls against the US Dollar during Thursday's trading session, and the fall of the currency exchange rate was still far from over.

Thu, 09 Feb 2017 14:58:23 GMT

USD/CAD falls below support

The US Dollar is declining against the Canadian Dollar, as forecasted before.

Thu, 09 Feb 2017 14:56:46 GMT

EUR/JPY to reclaim 120.00

Once again the Euro weakened against the Japanese Yen yesterday, being driven mostly by the risk-off sentiment.

Thu, 09 Feb 2017 14:55:27 GMT

AUD/USD preserves the up-trend

The Australian Dollar managed to rebound on Wednesday, finding support at the newly-formed ascending channel's lower boundary.

Thu, 09 Feb 2017 08:35:45 GMT

Gold trades near 1,240 mark

The yellow metal traded rather flat during the early hours of Thursday's trading session.

Thu, 09 Feb 2017 08:34:46 GMT

USD/JPY enters 100-pip limbo

The US Dollar once again slid versus the Japanese currency, continuing to gravitate towards the 112.00 major level.

Thu, 09 Feb 2017 08:32:37 GMT

EUR/USD remains above 1.0650 level

The common European currency was in a retreat against the Greenback on Thursday, as the currency exchange rate traded above the 1.0650 mark.

Thu, 09 Feb 2017 08:32:09 GMT

GBP/USD continues to consolidate

Yesterday the GBP/USD currency pair successfully climbed over the immediate resistance, namely the weekly PP, but just barely.

Wed, 08 Feb 2017 15:25:32 GMT

Kiwi in limbo around weekly PP

The New Zealand Dollar stayed calm against the US Dollar during the first half of Wednesday's trading session.

Wed, 08 Feb 2017 15:24:30 GMT

USD/CAD meets resistance on Wednesday

The US Dollar retreated during the first half of Wednesday's trading session against the Canadian Dollar.

Wed, 08 Feb 2017 15:22:39 GMT

AUD/USD attempts to edge higher

The American Dollar was able to outperform the Aussie on Tuesday, causing the pair to close with a 32-pip loss.

Wed, 08 Feb 2017 15:17:22 GMT

EUR/JPY: risk-off sentiment prevails

Even though the European single currency remained almost completely unchanged against the Japanese Yen yesterday, risk-aversion still remains.

Wed, 08 Feb 2017 08:40:47 GMT

Gold remains below resistance

On Wednesday morning the yellow metal fluctuated below the weekly R1, which is located at 1,233.81.

Wed, 08 Feb 2017 08:39:15 GMT

USD/JPY gravitates towards 112.00

A technical correction has been registered yesterday, causing the USD/JPY to almost completely erase Monday's losses.

Wed, 08 Feb 2017 08:37:30 GMT

EUR/USD fall pauses

The common European currency's fall against the US Dollar was paused in the first hours of Wednesday's trading session, as the currency exchange rate made more attempts to pass the support cluster located below it.

Wed, 08 Feb 2017 08:37:21 GMT

GBP/USD keeps riding the 100-day SMA wave

The British currency surprised with its performance on Tuesday, having fully recovered from its intraday low of 1.2350 and closed above the 1.25 mark.

Tue, 07 Feb 2017 15:42:35 GMT

Kiwi fails to gain

During the first half of Tuesday's trading session the New Zealand Dollar attempted to move higher against the US Dollar and pass the weekly R1, which is located at 0.7370.

Tue, 07 Feb 2017 15:41:05 GMT

USD/CAD jumps one percent

As the title suggests, by the middle of Tuesday's trading session the US Dollar had surged against the Canadian Dollar by one percent, as the currency exchange rate had touched the 1.3213 level.

Tue, 07 Feb 2017 15:39:57 GMT

AUD/USD sets eye of 0.76

The commodity currency slightly weakened against the US Dollar yesterday, as it appears to have reached its peak at the end of the previous week during its two-month rally.

Tue, 07 Feb 2017 15:36:00 GMT

EUR/JPY remains on the back foot

The EUR/JPY cross began the weak on a rather negative note, having lost more than 120 pips on Monday.

Tue, 07 Feb 2017 09:18:18 GMT

Gold consolidates on Tuesday

On Tuesday morning the yellow metal's price declined, and the decline in the price can be explained by using not only technical but also fundamental analysis.

Tue, 07 Feb 2017 09:18:03 GMT

USD/JPY attempts to trim Monday's losses

The Japanese Yen managed to outperform the American Dollar on Monday, ultimately adding 76 pips during the day, with the immediate demand area limiting the losses.

Tue, 07 Feb 2017 09:17:54 GMT

GBP/USD continues to slide

The GBP/USD currency pair weakened for the third consecutive time on Monday, but managed to remain above the immediate support cluster.

Tue, 07 Feb 2017 09:17:44 GMT

EUR/USD below 1.07 mark

During the early hours of Tuesday's trading session the common European currency fell below the 1.07 mark against the US Dollar, and there were no signs of the fall stopping.

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