Technical Analysis

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Fri, 30 Sep 2016 06:35:03 GMT

USD/JPY struggles to remain above 101.00

The USD/JPY pair erased most of intraday gains yesterday, but still managed to close trade above the 101.00 major level.

Fri, 30 Sep 2016 06:24:43 GMT

GBP/USD in tight range between 1.2950 and 1.30

On Thursday the British Pound weakened against the US Dollar, amid a better-than-expected reading of the US GDP.

Fri, 30 Sep 2016 06:11:50 GMT

EUR/USD slowly treading higher on Friday

On early Friday morning the common European currency once more confirmed the channel up pattern's against the US Dollar lower trend line and moved higher.

Thu, 29 Sep 2016 13:17:06 GMT

USD/CAD below 1.31 on Thursday

The US Dollar traded almost flat against the Canadian Dollar by midday on Thursday, as the currency exchange rate found support in a cluster below and rebounded.

Thu, 29 Sep 2016 13:06:03 GMT

AUD/USD retreats upon reaching 0.77

The Australian Dollar appreciated against its US counterpart for the third consecutive day yesterday, but with trade closing just in front of the 0.77 mark.

Thu, 29 Sep 2016 12:55:17 GMT

Kiwi in limbo around weekly PP

The New Zealand Dollar had fallen below the weekly pivot point at 0.7284 against the US Dollar by mid-day on Thursday.

Thu, 29 Sep 2016 12:55:04 GMT

EUR/JPY retakes 113.00

Yesterday the European currency erased Tuesday's losses completely, but was unable to post any significant gains.

Thu, 29 Sep 2016 06:52:03 GMT

Gold rebounds against trend line

The bullion bounced off the rising wedge pattern's lower trend line and surged on Thursday morning.

Thu, 29 Sep 2016 06:38:03 GMT

USD/JPY surged after Kuroda's speech

Wednesday ended with the US Dollar adding as little as 25 pips against the Japanese Yen, therefore, unable to climb over the immediate resistance.

Thu, 29 Sep 2016 06:27:03 GMT

GBP/USD: downside risks still present

The Cable surprised with its performance on Wednesday, as it remained completely flat after experiencing some downside pressure.

Thu, 29 Sep 2016 06:13:53 GMT

EUR/USD aims for 1.1280 on Thursday

The common European currency was set to surge against the US Dollar on Thursday morning, as it faced no resistance up to the level of 1.1280, where the first weekly resistance is located at.

Wed, 28 Sep 2016 14:07:15 GMT

USD/CAD in limbo around 1.32

The 200-day SMA succeeded in reversing USD/CAD's bullish performance yesterday, causing the pair to stabilise just under 1.32.

Wed, 28 Sep 2016 13:56:03 GMT

AUD/USD could still preserve the bearish trend

On Tuesday the AUD/USD pair's bullish development caused a breach of the three-year down-trend.

Wed, 28 Sep 2016 13:41:49 GMT

NZD/USD makes its way to the monthly PP

Although the Kiwi outperformed its US counterpart on Tuesday, gains were insufficient for the exchange to return above the trend-line.

Wed, 28 Sep 2016 13:41:34 GMT

EUR/JPY in tight range between 112.20 and 113.60

Even though the European currency weakened against the Yen on Tuesday, the nearest support still managed to limit the losses.

Wed, 28 Sep 2016 07:06:04 GMT

Gold surrenders to triangle

The three-month triangle proved its merit not only by limiting access to levels above 1339.61, but by causing a 1.1% dive right trough levels of significance to close at 1325.81.

Wed, 28 Sep 2016 06:55:05 GMT

USD/JPY under the risk of falling under 100.00

The Greenback struggled on Tuesday, barely managing to post any gains against the Japanese Yen.

Wed, 28 Sep 2016 06:37:09 GMT

GBP/USD attempts to stabilise above 1.30

The GBP/USD pair surprised with its performance yesterday, having recovered from intraday lows and retaken the 1.30 level.

Wed, 28 Sep 2016 06:23:59 GMT

EUR/USD fails to retrace

EUR/USD confirmed its change of track, opening bearish for the second consecutive session.

Tue, 27 Sep 2016 13:25:04 GMT

NZD/USD attempts to preserve the wedge

On Monday the New Zealand Dollar managed to add 22 pips against the US currency, with attempts to breach the nearest support and resistance both failing.

Tue, 27 Sep 2016 13:14:03 GMT

USD/CAD inches closer to channel's upper border

Even though the US Dollar outperformed its Canadian counterpart on Monday, more bullish momentum seems unlikely.

Tue, 27 Sep 2016 13:03:03 GMT

AUD/USD on the edge of breaking three-year down-trend

The Aussie behaved in accordance with expectations yesterday, having appreciated and put the down-trend to another test.

Tue, 27 Sep 2016 12:41:36 GMT

EUR/JPY stuck between 112.20 and 113.60

The EUR/JPY cross underwent a correction on Monday, failing to hold above the 113.00 level.

Tue, 27 Sep 2016 07:13:02 GMT

Gold attempts to build up bearish potential

Following a non-volatile trading session on Monday, Gold managed to tap at the top trend-line of the three-month descending triangle at 1339.83.

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