Technical Analysis

Note: This section contains information in English only.
Fri, 24 Feb 2017 08:42:37 GMT

GBP/USD: correction anticipated

The Cable not only reached its target on Thursday, but even managed to close trade at the highest level in nearly three weeks.

Fri, 24 Feb 2017 08:41:39 GMT

EUR/USD attempts to break resistance

The Euro continued to book gains against the US Dollar during the early hours of Friday's trading session, as the currency exchange rate attempted to break through the resistance put up by the 55-day SMA, which was located at 1.0593.

Thu, 23 Feb 2017 15:33:04 GMT

AUD/USD stabilises above 0.77

Once again the AUD/USD currency pair preserved the up-trend, having experienced a 29-pip rally on Wednesday, which allowed the 0.77 major level to be reclaimed.

Thu, 23 Feb 2017 15:22:55 GMT

NZD/USD above 0.72 on Thursday

During the first half of Thursday's trading session the Kiwi has found support and begun a surge against the Greenback, which continued into the second half of the day's trading.

Thu, 23 Feb 2017 15:21:52 GMT

USD/CAD falls below 1.3150 level

The US Dollar is in a free fall against the Canadian Dollar, as the currency exchange rate was scoring new heights on Wednesday until the FOMC Meeting Minutes were published.

Thu, 23 Feb 2017 15:20:34 GMT

EUR/JPY: more miracles eyed

Despite concerns over the French presidential election, the Euro managed to erase most of its intraday losses against the Yen on Wednesday, with trade closing above the nearest support.

Thu, 23 Feb 2017 08:53:49 GMT

Gold still near 1,235

The yellow metal remains near the 1,235 mark, and near that level the bullion has been fluctuating for the past six consecutive trading sessions.

Thu, 23 Feb 2017 08:52:39 GMT

USD/JPY continues to consolidate

The FOMC Minutes barely affected the markets yesterday, as no clear clue concerning a future interest rate hike was provided.

Thu, 23 Feb 2017 08:51:48 GMT

GBP/USD in limbo above the weekly PP

The British Pound remained rather muted against the US Dollar during the last three days, with the tough support area circa 1.24 keeping the pair afloat.

Thu, 23 Feb 2017 08:50:47 GMT

EUR/USD back above 1.0550 level

The common European currency surged against the US Dollar on Thursday morning, as the currency exchange rate continued the late Wednesday's surge.

Wed, 22 Feb 2017 15:05:04 GMT

Kiwi continues path lower

During the 24 hours leading up to the middle of Wednesday's trading session, the Kiwi continued to trade against the US Dollar exactly as forecasted.

Wed, 22 Feb 2017 14:54:03 GMT

Loonie continues losing streak

During the first half of Wednesday's trading session the US Dollar continued to book gains against the Canadian Dollar, as the rate approached the weekly R2 at 1.3194.

Wed, 22 Feb 2017 14:43:03 GMT

AUD/USD muted ahead of FOMC Minutes

Even though the Australian Dollar weakened against the Greenback on Tuesday, the up-trend, which bolstered by the weekly PP, remained intact.

Wed, 22 Feb 2017 14:26:04 GMT

EUR/JPY plunges amid French political concerns

The EUR/JPY cross underwent the anticipated decline on Tuesday, with the 119.75 psychological support successfully limiting the losses.

Wed, 22 Feb 2017 09:03:01 GMT

USD/JPY: FOMC Minutes eyed

The USD/JPY currency pair successfully climbed over the immediate resistance area on Tuesday, but was unable to reach the 114.00 major level.

Wed, 22 Feb 2017 09:02:07 GMT

Gold's volatility increases

The yellow metal remained near the 1,235 level for the fifth consecutive trading session during the early hours of Wednesday's trading session.

Wed, 22 Feb 2017 09:01:02 GMT

GBP/USD attempts to reclaim 1.25

Despite strong downside volatility, the GBP/USD pair managed to recover from its intraday low and even close trade in the green zone.

Wed, 22 Feb 2017 08:59:58 GMT

EUR/USD ready to pass 1.05 mark

The common European currency did not stop its major fall against the US Dollar on Tuesday, as the currency exchange rate continued the decline into Wednesday's trading session.

Tue, 21 Feb 2017 14:05:23 GMT

Kiwi falls against US Dollar

The New Zealand Dollar continued to fall against the Buck reaching the support cluster consisting of weekly S1 at 0.7130, lower Bollinger Band at 0.7134 and 100, 200-day SMA's at 0.7136 and 0.7131 respectively.

Tue, 21 Feb 2017 14:03:50 GMT

Buck rises against CAD

During the first half of Tuesday's trading session the USD/CAD hit yesterday's forecast target of 1.3150.

Tue, 21 Feb 2017 14:02:51 GMT

AUD/USD on the edge of breaking the up-trend

The commodity currency, namely the Aussie, managed to prolong the ascending channel pattern yesterday, but risks breaking it to the downside today.

Tue, 21 Feb 2017 14:01:47 GMT

EUR/JPY to fall back under 120.00

The EUR/JPY pair experienced a technical correction on Monday, which helped the cross to close trade above 120.00.

Tue, 21 Feb 2017 08:39:59 GMT

Gold declines on Tuesday

The yellow metal lost value during the early hours of Tuesday's trading session, as the bullion was in a retreat after failing to break the resistance put up by the monthly R1 at 1,237.68 during Monday's trading session.

Tue, 21 Feb 2017 08:37:21 GMT

USD/JPY determined to reach consolidation trend's boundary

The overall picture did not change on Monday, as the USD/JPY pair keeps consolidating between 111.50 and 115.00.

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