Technical Analysis

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Thu, 12 Jan 2017 10:01:52 GMT

EUR/USD once more at trend line

The Euro is back at the upper trend line of the medium term ascending channel against the US Dollar on Thursday.

Wed, 11 Jan 2017 14:28:43 GMT

NZD/USD remains unchanged

The Kiwi remained exactly at Tuesday's trading session's closing level against the US Dollar by the middle of Wednesday's trading session.

Wed, 11 Jan 2017 14:28:36 GMT

USD/CAD stays calm before Trump's speech

The US Dollar remained almost unchanged against the Canadian Dollar by the middle of Wednesday.

Wed, 11 Jan 2017 14:28:29 GMT

AUD/USD forms an ascending channel

The Aussie refused to give in Tuesday and edged higher against the US Dollar again.

Wed, 11 Jan 2017 14:28:17 GMT

EUR/JPY attempts to regain the bullish momentum

The European single currency weakened against the Japanese Yen on Tuesday, with losses falling in line with expectations.

Wed, 11 Jan 2017 14:08:40 GMT

CAD/JPY still to recover

CAD/JPY put an end to the downtrend by breaking a channel down pattern mid 2016 and extending a steep bullish motion to tackle a pitchfork parallel at 87.73. The last month has calmed the steep upward motion, leading the pair into a slightly consolidative movement. With the Fibonacci retracement and Expansion at 86.41/94 having stolen some of the momentum,

Wed, 11 Jan 2017 09:23:40 GMT

USD/JPY in limbo ahead of Trump's speech

Even though the USD/JPY currency pair edged lower on Tuesday, the losses were not as harsh as was first anticipated.

Wed, 11 Jan 2017 09:23:32 GMT

Gold struggles near 1,190 level

The yellow metal continued to surge during Wednesday's trading session, marking the third consecutive session of gains.

Wed, 11 Jan 2017 09:23:25 GMT

GBP/USD remains on the back foot

The Sterling surprised with its performance on Tuesday, as it managed to unexpectedly recover from its intraday low yesterday and even ended the day in the green zone.

Wed, 11 Jan 2017 09:23:14 GMT

EUR/USD remains near 1.0550

On Wednesday morning the common European currency remained almost flat against the US Dollar near the 1.0550 mark.

Tue, 10 Jan 2017 15:03:17 GMT

NZD/USD falls below 0.69

The New Zealand Dollar's surge to the upper trend line of the long term descending channel pattern against the US Dollar was hindered on Tuesday.

Tue, 10 Jan 2017 15:03:09 GMT

USD/CAD moves higher on Tuesday

The US Dollar remained rather unchanged against the Canadian Dollar in the past few trading sessions.

Tue, 10 Jan 2017 15:03:02 GMT

AUD/USD stuck between 0.73 and 0.7380

On Monday the Australian Dollar outperformed its US counterpart, completely erasing Friday's losses.

Tue, 10 Jan 2017 15:02:53 GMT

EUR/JPY caged between 121.50 and 123.50

Monday ended with the EUR/JPY cross shifting polarity, ending the day with a 51-pip decline.

Tue, 10 Jan 2017 15:02:46 GMT

EUR/JPY caged between 121.50 and 123.50

Monday ended with the EUR/JPY cross shifting polarity, ending the day with a 51-pip decline.

Tue, 10 Jan 2017 09:05:37 GMT

Gold reaches above 1,185 mark

The yellow metal began a decline after reaching above the first monthly resistance at 1,184.64 and touching the 1,187.82 level, where a medium-term trend line was located at on Tuesday.

Tue, 10 Jan 2017 09:05:30 GMT

GBP/USD keeps falling deeper into the pit

With newly arisen concerns about Brexit, the Pound experienced another leg down and closed trade below the immediate support level.

Tue, 10 Jan 2017 09:05:23 GMT

USD/JPY risks falling under 116.00

A new spark of risk-aversion prevented the USD/JPY pair from posting more gains yesterday, causing the to fall towards 116.00.

Tue, 10 Jan 2017 09:05:15 GMT

EUR/USD hits trend line on Tuesday

During the early hours on Tuesday the common European currency reached the upper trend line of the medium-scale ascending channel pattern at 1.0627 against the US Dollar and bounced off of it.

Mon, 09 Jan 2017 15:42:24 GMT

Kiwi once more below 0.69 mark

The New Zealand Dollar surged slightly higher against the US Dollar, as the currency exchange rate rebounded against a combined support cluster of various levels of significance near 0.6950 level.

Mon, 09 Jan 2017 15:42:00 GMT

USD/CAD attempts to break resistance

During the first half of Monday's trading session the US Dollar attempted to break through the resistance against the Canadian Dollar put up by the 100-day SMA at 1.3268.

Mon, 09 Jan 2017 15:41:37 GMT

AUD/USD to erase Friday's losses

The AUD/USD currency pair returned within the channel's borders on Friday, with the monthly pivot point and the 20-day SMA limiting the losses.

Mon, 09 Jan 2017 15:41:24 GMT

EUR/JPY in tight range between 122.00 and 123.50

The Euro's rally on Friday reconfirm the current consolidation trend, with price closing only at 123.23.

Mon, 09 Jan 2017 09:30:34 GMT

Gold stops gaining ground

After three consecutive trading sessions of gains the yellow metal stopped the surge and lost value during Friday's trading session.

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