Technical Analysis

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Tue, 17 Jan 2017 09:34:12 GMT

EUR/USD remains above 1.06

The common European currency, as forecasted, found support in the monthly PP at 1.0580 against the US Dollar during Monday's trading session.

Mon, 16 Jan 2017 15:00:14 GMT

Kiwi attempts to gain more

The New Zealand Dollar was almost unchanged against the US Dollar by mid-day on Monday.

Mon, 16 Jan 2017 14:49:04 GMT

USD/CAD unchanged on Monday

The US Dollar remained unchanged against the Canadian Dollar by the middle of Monday's trading session.

Mon, 16 Jan 2017 14:38:07 GMT

AUD/USD resumes trade within the channel

Even though the Australian Dollar edged higher on Friday, the 0.75 major level, where the 100-day SMA coincides with the 200-day one, successfully limited the gains.

Mon, 16 Jan 2017 14:22:38 GMT

EUR/JPY on the brink of breaking its consolidation trend

As was anticipated, the EUR/JPY cross failed to climb over the monthly pivot point on Friday, but, nonetheless, still managed to end the day in the green zone.

Mon, 16 Jan 2017 09:58:21 GMT

Gold continues to surge

On Monday morning the yellow metal was in its sixth consecutive trading session of gains, as the metal traded near the 1,205 mark and was set to score even more gains.

Mon, 16 Jan 2017 09:58:11 GMT

USD/JPY keeps struggling to edge higher

On Friday the US Dollar continued to weaken against the Japanese Yen, following its two-week bearish trend, however, losses were insignificant.

Mon, 16 Jan 2017 09:58:01 GMT

GBP/USD attempts to recover from weekend's drop

Although the British currency managed to edge higher against the US Dollar on Friday, it still failed to maintain trade above the 1.22 level.

Mon, 16 Jan 2017 09:56:57 GMT

EUR/USD retreats to 1.06 mark

As forecasted before, the common European currency has begun a retreat against the US Dollar, as on Monday morning the currency exchange rate was near the 1.06 level.

Fri, 13 Jan 2017 14:46:52 GMT

NZD/USD breaks above 0.7120 level

The Kiwi continued to score gains against the US Dollar during the first half of Friday's trading session.

Fri, 13 Jan 2017 14:46:44 GMT

USD/CAD back above 1.31

During the first half of Friday's trading session the USD/CAD currency exchange rate was squeezed in between various levels of significance near the 1.3130 mark.

Fri, 13 Jan 2017 14:46:32 GMT

AUD/USD struggles to pierce 0.75

The Aussie's positive development yesterday somewhat caused the ascending channel's resistance line to be breached, but the 100 and the 200-day SMAs managed to contain the rally.

Fri, 13 Jan 2017 14:45:20 GMT

EUR/JPY to reclaim 1.22

The Euro weakened against the Japanese Yen for the fourth day in a row yesterday, but with the consolidation trend remaining intact.

Fri, 13 Jan 2017 09:15:27 GMT

USD/JPY in limbo ahead of US data

The US Dollar weakened against the Japanese Yen for the fourth consecutive day yesterday, as the immediate support lacked the strength to limit the losses.

Fri, 13 Jan 2017 09:15:18 GMT

EUR/USD remains above 1.06

After the jump, which the EUR/USD currency exchange rate experienced in the past few trading sessions, the pair reduced volatility above the 1.06 mark on Friday.

Fri, 13 Jan 2017 09:15:11 GMT

GBP/USD takes another shot at 1.22

The British currency managed to climb over the 1.23 mark for only a short period of time yesterday, ultimately sliding back down and closing trade below 1.22, thus, erasing all this week's gains.

Fri, 13 Jan 2017 09:14:49 GMT

Gold retreats back below 1,200 mark

After the surge on Thursday morning the yellow metal retreated to trade back below the 1,200 mark on Friday morning.

Thu, 12 Jan 2017 17:17:08 GMT

NZD/USD skyrockets on Thursday

The Kiwi reached the 38.20% Fibonacci retracement level at 0.7134 against the US Dollar by the middle of Thursday's trading session.

Thu, 12 Jan 2017 17:16:59 GMT

USD/CAD drops below 1.3050

The US Dollar plummeted on Wednesday and continued to fall on Thursday against the Canadian Dollar in the aftermath of Donald Trump's given press conference.

Thu, 12 Jan 2017 17:16:50 GMT

AUD/USD sets eye on 0.75

Wednesday ended with the Australian Dollar successfully outperforming its US counterpart, edging up 73 pips and, thus, providing the ascending channel's resistance line with an additional confirmation.

Thu, 12 Jan 2017 17:16:44 GMT

EUR/JPY remains on the back foot

Even though the EUR/JPY cross failed to rebound yesterday, the monthly PP still prevented the given pair from closing far in the red zone.

Thu, 12 Jan 2017 10:02:18 GMT

Gold surges to 1,200 mark

The yellow metal scored new heights during Thursday's trading session, and it was set to continue to gain even more.

Thu, 12 Jan 2017 10:02:11 GMT

USD/JPY continues to suffer from Trump' conference

After experienced some high volatility, the US Dollar suffered another leg down on Wednesday, but managed to remain above the immediate support, namely the weekly S1.

Thu, 12 Jan 2017 10:02:04 GMT

GBP/USD on the edge of negating Monday's losses

A rather unexpected turn of events, namely the tone of the US President-Elect's press conference, caused the Cable to recover from its intraday low yesterday and even close trade above the 1.22 mark.

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