Technical Analysis

Note: This section contains information in English only.
Tue, 08 Nov 2016 14:29:44 GMT

EUR/JPY approaches 116.00 threshold

The European currency experienced strong upside volatility on Monday, but ultimately closed trade just seven pips below the expected level of 115.40.

Tue, 08 Nov 2016 08:51:46 GMT

Gold finds support on Tuesday morning

The yellow metal was in a rebound on Tuesday morning, as the bullion found support in a strong cluster near the 1,280 level.

Tue, 08 Nov 2016 08:51:39 GMT

USD/JPY in limbo ahead of US election

Even though the US Dollar inched higher against the Yen on Monday, the immediate resistance area remained untouched.

Tue, 08 Nov 2016 08:51:31 GMT

GBP/USD attempts to remain above 1.24

On Monday the British currency weakened against the US Dollar, finding support at the 1.24 major level.

Tue, 08 Nov 2016 08:51:21 GMT

EUR/USD remains near 1.1050

The common European currency slightly fluctuated but did not move anywhere against the US Dollar on Tuesday morning, as the currency exchange rate stayed just below the 1.1050 level.

Mon, 07 Nov 2016 13:54:28 GMT

Kiwi trades below trend line

The NZD/USD exchange rate had fallen and touched the monthly R1 at 0.7298 by mid-Monday.

Mon, 07 Nov 2016 13:54:19 GMT

USD/CAD begins week lower

In contradiction to other currency exchange rates, in which the US Dollar is involved in, the USD/CAD did not start the new week with a stronger US Dollar.

Mon, 07 Nov 2016 13:54:08 GMT

AUD/USD in limbo around 0.7685

The Aussie's bullish trend experienced a small setback on Friday, being that the commodity currency lost ten pips against the American Dollar that day.

Mon, 07 Nov 2016 13:53:34 GMT

EUR/JPY jumps to a new four-week high

The Euro overperformed on Friday, having risen higher than anticipated, with trade closing at 114.90 yen.

Mon, 07 Nov 2016 08:22:42 GMT

Gold starts the session below 1,300 mark

The yellow metal's price declined on early Monday morning, as the bullion started the session a lot lower than the previous close.

Mon, 07 Nov 2016 08:22:33 GMT

USD/JPY continues to edge higher

The USD/JPY currency pair inched higher on Friday, despite a poor reading of the US NFP, thus, retaking the 103.00 level.

Mon, 07 Nov 2016 08:22:25 GMT

GBP/USD trades in murky waters

The British Pound prolonged its rally against the US Dollar on Friday, establishing a new four-week high of 1.2557.

Mon, 07 Nov 2016 08:22:15 GMT

Euro begins the week lower

The common European currency slightly appreciated against the US Dollar on Monday morning.

Fri, 04 Nov 2016 14:21:33 GMT

Kiwi retreats and confirms a trend line

The New Zealand Dollar fell and approached the weekly R1 at 0.7298 against the US Dollar by mid-day on Friday.

Fri, 04 Nov 2016 14:21:23 GMT

USD/CAD surges on Friday

The US Dollar surged against the Canadian Dollar on Friday, as the rate had touched the 1.3450 level by mid-day.

Fri, 04 Nov 2016 14:21:06 GMT

AUD/USD stuck near opening price

Yesterday for the fourth consecutive day this week the Aussie outperformed the US Dollar.

Fri, 04 Nov 2016 14:20:26 GMT

EUR/JPY in limbo around 114.30

The European currency continued to decline against the Japanese Yen on Thursday, but was still unable to close below the immediate support cluster.

Fri, 04 Nov 2016 14:00:07 GMT

GBP/CAD Fundamentals Overwhelm Technical Signals

GBP/CAD contained its movements neatly inside of a channel down for the last year, but has recently shown some upside potential, adjusting the bottom trend-line to fit a falling wedge. The downtrend got a decent confirmation at 2.0954 where a double top expressed built up bearish momentum with a breach of the neckline at 1.8205. The pair then sent a

Fri, 04 Nov 2016 08:09:24 GMT

Gold trades below 1,300

The yellow metal was in a full on retreat on Friday morning, as it had erased all of Thursday's gains.

Fri, 04 Nov 2016 08:09:15 GMT

USD/JPY under the risk of plunging further

Even though the American Dollar weakened against the Japanese Yen on Thursday, the strong support circa 102.75 managed to limit the losses; however, the 103.00 threshold was still crossed yesterday.

Fri, 04 Nov 2016 08:09:06 GMT

GBP/USD in limbo ahead of US NFP data

Due to the upbeat UK statement and the High Court's decision yesterday, the British Pound received a solid boost, adding more than 150 pips against the US Dollar.

Fri, 04 Nov 2016 08:08:53 GMT

EUR/USD pauses the surge on Friday

The common European currency stopped appreciating against the US Dollar and moved lower on Friday morning, as the rate previously encountered resistance in the second half of Thursday's trading session.

Thu, 03 Nov 2016 14:39:03 GMT

Kiwi breaks resistance on Thursday

The New Zealand Dollar managed to break the first monthly resistance located at 0.7298 against the US Dollar by mid-day on Thursday.

Thu, 03 Nov 2016 14:28:03 GMT

USD/CAD continues to move lower

The US Dollar continued to lose ground against the Canadian Dollar by mid-Thursday, as the currency exchange rate traded just above the weekly PP at 1.3370.

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