Technical Analysis

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Wed, 06 Jul 2016 14:37:04 GMT

AUD/USD attempts to retake 0.75

As was expected, the Aussie weakened against the US Dollar on Tuesday, but failed to reach the anticipated 0.7440 level, having closed 25 pips above that level.

Wed, 06 Jul 2016 14:17:05 GMT

EUR/JPY sets eye on 110.00

Risk aversion pushed the EUR/JPY cross lower, boosting demand for the safe-haven Yen yesterday.

Wed, 06 Jul 2016 08:10:18 GMT

Gold ignores initial downfall and surges on Tuesday

The yellow metal initially moved downwards on Tuesday morning.

Wed, 06 Jul 2016 07:45:20 GMT

USD/JPY attempts to preserve the trend-line

As was anticipated, the risk-off sentiment drove the USD/JPY currency pair lower on Tuesday, putting the eight-month support line to the test.

Wed, 06 Jul 2016 07:23:05 GMT

GBP/USD risks sustaining sharper losses

Due to BoE governor's statement on Tuesday the Sterling weakened substantially, breaching the 1.3230 support level and slumping down to the 1.30 major level.

Wed, 06 Jul 2016 07:12:10 GMT

EUR/USD below 1.11 on Wednesday

The European stopped the past three session fluctuation around 1.11 level and dropped to 1.1073 on Tuesday against the US Dollar.

Tue, 05 Jul 2016 13:27:13 GMT

NZD/USD stops surging on Tuesday

The New Zealand Dollar marked its fifth consecutive trading session of gains against the US Dollar on Monday.

Tue, 05 Jul 2016 13:16:12 GMT

AUD/USD closes in on the 0.75 mark again

The Australian Dollar experienced a solid rally on Monday, having retaken the 0.75 psychological level, even overperformed, as it climbed over the expected 0.7520 mark.

Tue, 05 Jul 2016 12:54:33 GMT

USD/CAD surges to 1.2930 on Tuesday

The US Dollar has rebounded against the Canadian Dollar on Tuesday, and with this the currency exchange rate stops the post-Brexit, five consecutive session decline of the Greenback against the Loonie.

Tue, 05 Jul 2016 12:54:12 GMT

EUR/JPY to keep falling

"There are many factors that are driving risk aversion -- political uncertainty, the global growth outlook and concern about the banking sector, whose profit margins are being hurt by low interest rates." - Credit Agricole SA (based on Bloomberg)Pair's Outlook The Euro remained completely unchanged against the Yen on Monday, as there were no market movers present. Consequently, no significant level was

Tue, 05 Jul 2016 07:18:06 GMT

USD/JPY on the edge of falling under 102.00

Due to a bank holiday in the US and lack of market movers, the USD/JPY currency pair remained almost completely unchanged yesterday.

Tue, 05 Jul 2016 06:57:12 GMT

GBP/USD remains on the back foot

Even though the GBP/USD currency pair somewhat managed to rebound on Monday, it was still stuck between the 1.3230 level and the weekly PP at 1.3312.

Tue, 05 Jul 2016 06:34:37 GMT

Gold stops the surge on Tuesday

The bullion stopped its four consecutive trading session surge on Tuesday, as the metal dropped from the previous day closing height of 1,350.80 on Monday.

Tue, 05 Jul 2016 06:34:08 GMT

EUR/USD moves lower on Tuesday

The Euro hit the resistance provided by the monthly pivot point at 1.1149 against the US Dollar, at the end of yesterday's trading.

Mon, 04 Jul 2016 13:51:12 GMT

USD/CAD falls to 1.2860 on Monday

The US Dollar booked its fourth consecutive session of losses against the Canadian Dollar on Friday, as the currency exchange rate ended day's trading at 1.2916.

Mon, 04 Jul 2016 13:40:07 GMT

AUD/USD takes another shot at 0.75

Even though the AUD/USD currency pair opened with a bearish gap today, negating all Friday's gains, the bullish momentum is still likely to prevail.

Mon, 04 Jul 2016 13:18:21 GMT

NZD/USD above 0.72 on Monday

The Kiwi marked another milestone in its post Brexit surge against the US Dollar, as the currency exchange rate went past 0.72 level on Monday.

Mon, 04 Jul 2016 13:18:02 GMT

EUR/JPY struggles to remain above 114.00

Friday ended with the Japanese Yen outperforming the European single currency, but with price closing above the 114.00 major level.

Mon, 04 Jul 2016 07:32:05 GMT

Gold reaches 1,350 level on Monday

The yellow metal marks its fourth consecutive session of gains, as the metal reached the 1,350 level on Monday.

Mon, 04 Jul 2016 07:13:08 GMT

USD/JPY attempts to continue rising

A period of risk-aversion on Friday caused the USD/JPY currency pair to lose more than 60 pips, but without any significant level getting breached.

Mon, 04 Jul 2016 06:32:06 GMT

GBP/USD risks falling below 1.32

Friday ended with the Cable remaining relatively unchanged, suffering a small loss, but unable to fall below the post-referendum low of 1.3230.

Mon, 04 Jul 2016 06:21:06 GMT

EUR/USD continues fluctuating around 1.11 level on Monday

The US Dollar has been fluctuating around the 1.11 level against the Euro for the past three trading sessions.

Fri, 01 Jul 2016 13:30:04 GMT

USD/CAD struggling with support cluster at 1.2920 on Friday

The US Dollar is continuing to lose value against the Canadian Dollar on Friday, as the Loonie has been strengthening in the Brexit aftermath.

Fri, 01 Jul 2016 13:19:04 GMT

AUD/USD takes a shot at 0.75

The Antipodean currency remained unchanged against the American Dollar on Thursday, ever since it recovered from its intraday low of 0.7370 yesterday.

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