Technical Analysis

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Mon, 18 Jul 2016 14:10:03 GMT

NZD/USD continues to fall on Monday

The New Zealand Dollar depreciated against the US Dollar for the fourth consecutive session in midday on Monday, as the currency exchange rate was trading at 0.7103 by 11:30 GMT.

Mon, 18 Jul 2016 13:48:03 GMT

AUD/USD risks suffering another setback

The bearish scenario prevailed on Friday, with the AUD/USD currency pair experiencing a 54-pip decline.

Mon, 18 Jul 2016 13:37:35 GMT

USD/CAD fluctuating around 1.2950 on Monday

The US Dollar, recouped some of its previous losses on Friday, as the currency exchange rate started day's trading session at 1.2894 and ended Friday's session at 1.2975.

Mon, 18 Jul 2016 13:37:20 GMT

EUR/JPY attempts to remain above 116.00

On Friday the European single currency failed to advance against the Yen for the fifth consecutive day, as the bearish bias caused the pair to fall below the 116.00 level and breach the monthly PP.

Mon, 18 Jul 2016 07:31:03 GMT

USD/JPY in tight range between 104.50 and 106.50

At the end of last week the US Dollar appreciated against the Yen in wake of strong US fundamental data, but ultimately erased all gains, as supply, represented by the immediate resistance cluster, was too tough to pierce.

Mon, 18 Jul 2016 07:20:04 GMT

GBP/USD in limbo around 1.32

As was anticipated, the British currency weakened against the US Dollar on Friday, but failed to find support at the 1.32 mark, with the exchange rate slightly crossing that level.

Mon, 18 Jul 2016 06:51:20 GMT

Gold almost unchanged on Friday

The yellow metal saw some volatility on Friday, however, it did not change much during Friday's trading session, as the metal started day's trading at 1,336.50 and ended it at 1,335.12.

Mon, 18 Jul 2016 06:51:08 GMT

EUR/USD falls to 1.1028 on Friday

The Euro surged against the US Dollar for the four upcoming session before Friday, as the currency exchange rate had gradually climbed from 1.1044 to 1.1116.

Fri, 15 Jul 2016 13:57:22 GMT

NZD/USD trading below 0.72 on Friday

The New Zealand Dollar booked losses against the US Dollar on Thursday. The currency exchange rate started Thursday's trading session at 0.7279 and ended it at 0.72.

Fri, 15 Jul 2016 13:57:14 GMT

USD/CAD falls below 1.29 on Thursday

The US Dollar marked its third consecutive session of losses against the Canadian Dollar on Thursday, as the currency exchange rate started day's trading session at 1.2980 and ended the session at 1.2893.

Fri, 15 Jul 2016 13:57:03 GMT

AUD/USD takes another step towards 0.77

The Australian Dollar managed to close above the weekly R1 on Thursday, suggesting that more bullish momentum could now follow.

Fri, 15 Jul 2016 13:46:04 GMT

EUR/JPY rises for the fifth day in a row

For the fourth consecutive day yesterday the Euro appreciated against the Japanese Yen, but was unable to climb over the immediate resistance in face of the weekly R3.

Fri, 15 Jul 2016 07:51:14 GMT

USD/JPY in limbo ahead of fundamental data

The US Dollar succeeded in outperforming the Japanese Yen for another day on Thursday, having retaken the 105.00 major level.

Fri, 15 Jul 2016 07:40:05 GMT

GBP/USD attempts to surge further

Yesterday the BoE unexpectedly left its interest rate unchanged, thus, boosting the British currency.

Fri, 15 Jul 2016 07:13:29 GMT

Gold drops on Thursday

The yellow metal fell during this week, as it declined from Monday's height of 1,367.64 and touched the support at 1,319.10 on Thursday.

Fri, 15 Jul 2016 07:13:05 GMT

EUR/USD surges for fifth consecutive session

Fully ignoring all aggregate technical indicators, which kept forecasting a decline, the Euro has been appreciating against the US Dollar the whole week, as it starts Friday's session with more gains against the Buck.

Thu, 14 Jul 2016 13:37:03 GMT

USD/CAD touches support at 1.2908 on Thursday

The US Dollar marked second consecutive session of losses against the Canadian Dollar on Wednesday, as the currency exchange rate ended day's trading session at 1.2979.

Thu, 14 Jul 2016 13:26:03 GMT

AUD/USD keeps edging higher

The Aussie experienced another small setback on Wednesday, but with the current eight-week bullish trend remaining intact.

Thu, 14 Jul 2016 13:06:28 GMT

NZD/USD breaks support at 0.7233 on Thursday

As the Kiwi was bouncing back and forth this week against the US Dollar, no clear direction could be determined for the currency exchange rate.

Thu, 14 Jul 2016 13:06:20 GMT

EUR/JPY sets eye on 55-day SMA

The EUR/JPY cross remained almost completely flat on Wednesday, but with the immediate resistance area still failing to keep the pair at bay.

Thu, 14 Jul 2016 06:37:03 GMT

USD/JPY remains on the back foot

Neither the immediate resistance nor the support areas were pierced yesterday, with the Greenback ultimately remaining relatively unchanged against the Yen.

Thu, 14 Jul 2016 06:13:04 GMT

GBP/USD waits patiently for the BoE's decision

The British Pound weakened against the US Dollar on Wednesday, ultimately closing with a 99-pip loss over the day, but without the immediate support area being reached.

Thu, 14 Jul 2016 05:57:15 GMT

Gold regains losses on Wednesday

After falling on Tuesday, the yellow metal rebounded on Wednesday, as, after reaching the weekly low level of 1,331.66, the metal surged to 1,342.44, where it met with resistance put up by the weekly S1 exactly at that point.

Thu, 14 Jul 2016 05:56:37 GMT

EUR/USD surges to 1.1090 on Wednesday

The Euro surged marked a session of gains against the US Dollar on Wednesday, as the currency exchange rate increased from 1.1059 at the start of day's trading to 1.1090 at the end of the day.

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