Technical Analysis

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Wed, 07 Oct 2015 06:58:41 GMT

Gold reaches bearish pattern's upper boundary again

As expected the precious metal surged above the 100-day SMA and 61.8% Fibonacci retracement of the Aug-Sep downtrend on Tuesday.

Wed, 07 Oct 2015 06:58:34 GMT

USD/JPY stuck between 120.00 and 120.80

The US Dollar began weakening against the Yen, after having reached the 120.63 potential resistance yesterday.

Wed, 07 Oct 2015 06:58:28 GMT

GBP/USD takes another crack at weekly R1

The US currency failed to outperform the Sterling, amid poor trade data and rising concerns over a 2015 Fed rate hike.

Wed, 07 Oct 2015 06:58:20 GMT

EUR/USD closed Tuesday trading above 1.1260

A long-awaited close above the 50% Fibonacci retracement of the Jul-Aug uptrend became reality yesterday.

Tue, 06 Oct 2015 13:25:01 GMT

NZD/USD muted near 0.65

The Kiwi met expectations on Monday, as it settled in front of the second resistance cluster around 1.6495.

Tue, 06 Oct 2015 13:24:52 GMT

USD/CAD gravitates towards 1.31

The American Dollar decline against the Loonie for another day, as it is slowly driving the exchange rate away from the multi-year highs.

Tue, 06 Oct 2015 13:24:44 GMT

AUD/USD prolongs rally amid channel breakout

With a fourth consecutive really yesterday, the AUD/USD broke out of the descending channel pattern.

Tue, 06 Oct 2015 13:24:37 GMT

EUR/JPY climbs another step higher

The EUR/JPY currency pair was close to reaching a two-week high yesterday, but was pushed back down.

Tue, 06 Oct 2015 08:49:07 GMT

Gold consolidates above 50% Fibo at 1,134

Following massive price changes on Friday, the yellow metal was broadly unchanged in the beginning of a new working week.

Tue, 06 Oct 2015 08:38:16 GMT

USD/JPY retests 120.63 fifth week in a row

Despite trading limbo through most of the day, the US Dollar managed to climb almost 50 pips against the Japanese Yen on Monday.

Tue, 06 Oct 2015 08:28:07 GMT

GBP/USD anchored around 1.5150

Although the Sterling tested the immediate resistance in face of the weekly R1, the worse-than-expected UK Services PMI reading pushed the GBP/USD back under the 23.60% Fibo.

Tue, 06 Oct 2015 07:39:46 GMT

EUR/USD still unable to violate 1.1260

There have been four attempts to breach the 1.1260 mark (50% retracement) since Sep 24.

Mon, 05 Oct 2015 14:26:03 GMT

NZD/USD attempts to establish a fresh five-week high

The NZD/USD behaved according to the forecast, as the currency pair ended the day, settling around the 0.6340 resistance cluster.

Mon, 05 Oct 2015 14:15:09 GMT

USD/CAD keeps testing three-week lows

The US Dollar sustained a rather heavy loss against its Canadian counterpart, amid worse-than-expected Non-Farm Payrolls figures on Friday.

Mon, 05 Oct 2015 14:04:07 GMT

AUD/USD risks breaking out of the descending channel

The Australian Dollar remained volatile during Friday, having touched the resistance cluster around 0.7060 and the support in face of the 0.70 major level.

Mon, 05 Oct 2015 13:53:06 GMT

EUR/JPY begins journey to the down-trend

The Euro managed to reach the resistance cluster around 134.80, but failed to resume trade near the week's opening price, ultimately stabilising at 134.40.

Mon, 05 Oct 2015 07:16:36 GMT

Gold erases three-day losses, surges to 1,138

After initial jump, which took place immediately after the US report on non-farm payrolls, the bullion managed to hold gains and close around the 1,138 mark on Friday.

Mon, 05 Oct 2015 07:16:20 GMT

USD/JPY stuck between the monthly PP and 20-day SMA

Even though the weak US fundamentals caused the USD/JPY to drop close to the monthly S1 at 118.53, the pair managed to recover most of the losses by day's end.

Mon, 05 Oct 2015 07:16:05 GMT

GBP/USD attempts to extend the rally

The British Pound managed to outperform the US Dollar on Friday and erase weekly losses, amid poor US Non-Farm Payrolls data.

Mon, 05 Oct 2015 07:15:41 GMT

EUR/USD fails to consolidate at 1.13 after NFP

EUR/USD's rally on Friday was halted by the 1.13 level, which turned to be a very significant resistance for the cross.

Fri, 02 Oct 2015 13:27:24 GMT

NZD/USD extends its bullish trend

Even though the Kiwi's volatility reached as high as 0.6450, the NZD/USD remained relatively unchanged over the day.

Fri, 02 Oct 2015 13:27:17 GMT

USD/CAD risks falling to the lowest in two weeks

There were no surprises in the USD/CAD pair's performance on Thursday, as the Greenback stabilised in front of the expected support, namely the monthly PP.

Fri, 02 Oct 2015 13:27:10 GMT

AUD/USD makes a U-turn

The Aussie slightly underperformed on Thursday, as the AUD/USD pair failed to close trade within the immediate resistance cluster, despite having reached the channel's upper border.

Fri, 02 Oct 2015 13:27:03 GMT

EUR/JPY gravitates towards 134.00

Despite having reached the immediate support in face of the weekly S1, the EUR/JPY currency pair managed to rebound yesterday.

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