Technical Analysis

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Thu, 07 Jul 2016 12:55:05 GMT

AUD/USD keeps oscillating near 0.75

The AUD/USD currency pair closed trade with a strong rally on Wednesday, having almost completely negated Tuesday's decline.

Thu, 07 Jul 2016 12:44:17 GMT

EUR/JPY poised for more weakness

The European single currency managed to recover from its intraday low on Wednesday, ultimately remaining relatively unchanged against the Japanese Yen, closing with only a 25-pip loss.

Thu, 07 Jul 2016 06:36:04 GMT

USD/JPY: downside risks keep rising

In spite of the USD/JPY nearly reaching the 100.00 level again yesterday, the pair managed to preserve the broadening falling wedge's support line.

Thu, 07 Jul 2016 06:25:04 GMT

GBP/USD attempts to erase some previous losses

The Pound remained under pressure on Wednesday, having edged lower, with volatility stretching out to the 1.28 mark.

Thu, 07 Jul 2016 06:13:52 GMT

Gold continues to surge on Thursday

The yellow metal marked its sixth consecutive session of gains on Wednesday, as after a highly volatile trading session, the metal ended day's trading at 1,363.35.

Thu, 07 Jul 2016 06:13:35 GMT

EUR/USD unchanged on Thursday

The common European currency remains unchanged against the US Dollar on Thursday, as it was at 1.1099 by 5:00 GMT.

Wed, 06 Jul 2016 14:59:11 GMT

NZD/USD down to 0.7110 on Wednesday

The New Zealand Dollar stopped its five consecutive session post-Brexit surge against the US Dollar on Tuesday, as the currency exchange rate moved down from the day's trading session opening level of 0.7233 to 0.7157 at the end of the trading session.

Wed, 06 Jul 2016 14:48:12 GMT

USD/CAD surges to 1.30 on Wednesday

The US Dollar started its surge against the Canadian Dollar on Tuesday, as it recouped from previous three trading session losses in one single session by appreciating by 100 pips from 1.2851 at the start of Tuesday's session to 1.2951 at the end of the day's trading.

Wed, 06 Jul 2016 14:37:04 GMT

AUD/USD attempts to retake 0.75

As was expected, the Aussie weakened against the US Dollar on Tuesday, but failed to reach the anticipated 0.7440 level, having closed 25 pips above that level.

Wed, 06 Jul 2016 14:17:05 GMT

EUR/JPY sets eye on 110.00

Risk aversion pushed the EUR/JPY cross lower, boosting demand for the safe-haven Yen yesterday.

Wed, 06 Jul 2016 08:10:18 GMT

Gold ignores initial downfall and surges on Tuesday

The yellow metal initially moved downwards on Tuesday morning.

Wed, 06 Jul 2016 07:45:20 GMT

USD/JPY attempts to preserve the trend-line

As was anticipated, the risk-off sentiment drove the USD/JPY currency pair lower on Tuesday, putting the eight-month support line to the test.

Wed, 06 Jul 2016 07:23:05 GMT

GBP/USD risks sustaining sharper losses

Due to BoE governor's statement on Tuesday the Sterling weakened substantially, breaching the 1.3230 support level and slumping down to the 1.30 major level.

Wed, 06 Jul 2016 07:12:10 GMT

EUR/USD below 1.11 on Wednesday

The European stopped the past three session fluctuation around 1.11 level and dropped to 1.1073 on Tuesday against the US Dollar.

Tue, 05 Jul 2016 13:27:13 GMT

NZD/USD stops surging on Tuesday

The New Zealand Dollar marked its fifth consecutive trading session of gains against the US Dollar on Monday.

Tue, 05 Jul 2016 13:16:12 GMT

AUD/USD closes in on the 0.75 mark again

The Australian Dollar experienced a solid rally on Monday, having retaken the 0.75 psychological level, even overperformed, as it climbed over the expected 0.7520 mark.

Tue, 05 Jul 2016 12:54:33 GMT

USD/CAD surges to 1.2930 on Tuesday

The US Dollar has rebounded against the Canadian Dollar on Tuesday, and with this the currency exchange rate stops the post-Brexit, five consecutive session decline of the Greenback against the Loonie.

Tue, 05 Jul 2016 12:54:12 GMT

EUR/JPY to keep falling

"There are many factors that are driving risk aversion -- political uncertainty, the global growth outlook and concern about the banking sector, whose profit margins are being hurt by low interest rates." - Credit Agricole SA (based on Bloomberg)Pair's Outlook The Euro remained completely unchanged against the Yen on Monday, as there were no market movers present. Consequently, no significant level was

Tue, 05 Jul 2016 07:18:06 GMT

USD/JPY on the edge of falling under 102.00

Due to a bank holiday in the US and lack of market movers, the USD/JPY currency pair remained almost completely unchanged yesterday.

Tue, 05 Jul 2016 06:57:12 GMT

GBP/USD remains on the back foot

Even though the GBP/USD currency pair somewhat managed to rebound on Monday, it was still stuck between the 1.3230 level and the weekly PP at 1.3312.

Tue, 05 Jul 2016 06:34:37 GMT

Gold stops the surge on Tuesday

The bullion stopped its four consecutive trading session surge on Tuesday, as the metal dropped from the previous day closing height of 1,350.80 on Monday.

Tue, 05 Jul 2016 06:34:08 GMT

EUR/USD moves lower on Tuesday

The Euro hit the resistance provided by the monthly pivot point at 1.1149 against the US Dollar, at the end of yesterday's trading.

Mon, 04 Jul 2016 13:51:12 GMT

USD/CAD falls to 1.2860 on Monday

The US Dollar booked its fourth consecutive session of losses against the Canadian Dollar on Friday, as the currency exchange rate ended day's trading at 1.2916.

Mon, 04 Jul 2016 13:40:07 GMT

AUD/USD takes another shot at 0.75

Even though the AUD/USD currency pair opened with a bearish gap today, negating all Friday's gains, the bullish momentum is still likely to prevail.

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