Technical Analysis

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Tue, 28 Mar 2017 15:40:47 GMT

AUD/USD recovers losses on Tuesday

The effect of commodity price risks influencing the Aussie for five consecutive days has been mitigated, resulting in an upward motion.

Tue, 28 Mar 2017 15:38:50 GMT

Outlook for Euro remains bearish

The Euro remained relatively unchanged against the Yen on Monday. The situation has changed today, as apparent from the hourly chart.

Tue, 28 Mar 2017 08:37:46 GMT

Gold trades lower after touching 1,260 mark

During the early hours of Tuesday's trading session the yellow metal's price declined, as it traded just above the 1,250 mark.

Tue, 28 Mar 2017 08:36:37 GMT

USD/JPY attempts to make another U-turn

Fortunately for the US Dollar, it managed to avoid substantial losses against the Japanese Yen yesterday.

Tue, 28 Mar 2017 08:35:25 GMT

GBP/USD takes another shot at reclaiming 1.26

The Cable mostly behaved in accordance with expectations on Monday, with the only exception being that the pair was able to reach beyond the 1.26 major level.

Tue, 28 Mar 2017 08:34:10 GMT

Euro retreats on Tuesday

On Tuesday morning the common European currency was in a retreat against the Greenback, as the currency exchange rate fluctuated near the 1.0850 mark.

Mon, 27 Mar 2017 15:25:06 GMT

Kiwi surges on Monday

By the middle of Monday's trading session the New Zealand Dollar against the US Dollar was half way to the next resistance cluster.

Mon, 27 Mar 2017 15:23:26 GMT

EUR depreciates against the Yen

The gains acquired during Friday's trading session have been reversed today, as the Euro is continuing to depreciate against the Yen.

Mon, 27 Mar 2017 15:21:47 GMT

Loonie regains previous losses

During the first half of Monday's trading session the US Dollar retreated against the Canadian Dollar, as the currency exchange rate retreated and fell below the newly calculated weekly PP, which is located at the 1.3352 level

Mon, 27 Mar 2017 15:19:50 GMT

AUD/USD on the edge of slumping under 0.76

The Australian Dollar remained relatively unchanged against the American counterpart on Friday, but still suffering a fourth loss in a row.

Mon, 27 Mar 2017 08:04:16 GMT

Gold jumps on Monday

Not only has the yellow metal begun Monday's trading session more than 400 base points higher than the previous closing price, but also it has managed to surge additional 1250 points during the early hours of the trading session.

Mon, 27 Mar 2017 08:03:06 GMT

USD/JPY: 110.00 eyed

The Buck succeeded in reversing polarity, but only for a day, as the bearish momentum returned over the weekend.

Mon, 27 Mar 2017 08:02:11 GMT

Pound takes advantage of weak Dollar

Even though the GBP/USD pair edged lower on Friday, once again crossing the 1.25 major level to the downside, this decline was just a mere setback in the pair's bullish trend.

Mon, 27 Mar 2017 08:00:55 GMT

EUR/USD already trades above 1.0850 mark

On Monday morning the Euro started the day's trading session against the Greenback much higher that it could be expected, as the rate started the day at 1.0835.

Fri, 24 Mar 2017 16:42:32 GMT

Kiwi reaches below 0.70 mark

During the first half of Friday's trading session the New Zealand Dollar continued to lose ground against the US Dollar, as the currency exchange rate fell below the 0.70 mark.

Fri, 24 Mar 2017 16:40:06 GMT

USD/CAD attempts to break higher

By the middle of Friday's trading session the US Dollar attempted to pass the combined resistance put up by the 20-day SMA at 1.3377 and the weekly PP at the 1.3374 level.

Fri, 24 Mar 2017 16:36:11 GMT

AUD/USD in close proximity to 0.76

Thursday ended with the Aussie suffering another loss against the US Dollar, with the main driver being falling oil prices.

Fri, 24 Mar 2017 16:31:16 GMT

EUR/JPY climbs back to 120.00

The Euro has appreciated against the Yen, currently trading around 120.03.

Fri, 24 Mar 2017 09:18:16 GMT

Gold fluctuates near 1,245 mark

The yellow metal traders are expecting the fundamentally important vote on US healthcare, which will reveal, whether Donald Trump can get legislation passed.

Fri, 24 Mar 2017 09:17:14 GMT

USD/JPY attempts to reverse polarity

The US Dollar slid against the Japanese Yen again yesterday, failing to find support at the 111.00 major level, which was expected to trigger a rebound.

Fri, 24 Mar 2017 09:16:18 GMT

GBP/USD risks falling back under 1.25

Thursday was a relatively productive day for the British Pound, as it successfully stabilised above the 1.25 mark.

Fri, 24 Mar 2017 09:15:26 GMT

EUR/USD continues to decline on Friday

On Friday morning the common European currency traded against the US Dollar near the support, provided by the monthly R1, at the 1.0772 level.

Thu, 23 Mar 2017 13:42:35 GMT

NZD/USD remains below 0.7050 mark

Although since the start of Wednesday's trading session the New Zealand Dollar has fluctuated in a more than 50 base point range against the Greenback, the exchange rate remained unchanged by the middle of Thursday's trading session.

Thu, 23 Mar 2017 13:41:24 GMT

USD/CAD unchanged on Thursday

During the first half of Thursday's trading session the US Dollar traded against the Canadian Dollar near the 1.3325 level, almost unchanged, compared to the previous closing price.

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