Technical Analysis

Note: This section contains information in English only.
Mon, 04 Apr 2016 14:28:04 GMT

USD/CAD puts channel's resistance to the test

Upon reaching the monthly PP and the 20-day SMA around 1.3150 on Friday, the USD/CAD currency pair retreated from its intraday high and barely managed to hold above 1.30.

Mon, 04 Apr 2016 14:17:04 GMT

AUD/USD stuck between 0.76 and 0.77

The AUD/USD currency pair ended the previous week relatively unchanged, with trade closing at 0.7674.

Mon, 04 Apr 2016 14:06:04 GMT

EUR/JPY struggles to remain above 127.00

As was anticipated, the European single currency edged lower against the Japanese Yen on Friday.

Mon, 04 Apr 2016 08:04:06 GMT

Gold to look at 1,205/1,188 dense support

Technical trading of the bullion remains uncertain at the moment, because there are several important resistances and supports surrounding the present spot price of 1,217.

Mon, 04 Apr 2016 07:53:07 GMT

USD/JPY to continue edging lower

The USD/JPY retained its weakness after Yellen's dovish stance last week, which resulted in the pair's 90-pip slump on Friday.

Mon, 04 Apr 2016 07:42:04 GMT

GBP/USD risks falling back under 1.42

Last Friday the GBP/USD currency pair declined more than anticipated, having pierced the immediate support cluster and put the short-term up-trend to the test.

Mon, 04 Apr 2016 07:31:06 GMT

EUR/USD prepares for gains, FOMC minutes loom

Friday's wide trading resulted in no gains for both sides of the market. EUR/USD attempted to grow to 1.1440 and decline as low as 1.1340, but ultimately a small green candle confirmed that the pair added only 11 pips over the day to end it near 1.1389.

Fri, 01 Apr 2016 15:05:04 GMT

USD/CAD reconfirms channel's resistance line

The American Dollar managed to recover from its intraday low yesterday and end the day with a retake of the 1.30 mark.

Fri, 01 Apr 2016 15:04:43 GMT

NZD/USD slumps back below 0.69

The New Zealand Dollar's performance yesterday was similar to the Aussie's, as the NZD/USD currency pair erased intraday gains and ended the day with a slight decline.

Fri, 01 Apr 2016 15:04:37 GMT

AUD/USD undergoes corrective decline

Upon taking another shot at climbing over the 0.77 mark on Thursday, the AUD/USD's momentum has shifted to the bearish side, but no substantial losses occurred.

Fri, 01 Apr 2016 15:04:17 GMT

EUR/JPY struggles to maintain trade above 128.00

For the fifth consecutive day the Euro edged higher against the Yen, having also retaken the 128.00 major level on Thursday.

Fri, 01 Apr 2016 08:16:12 GMT

Gold maintains sideways outlook

Gold prices attempted to skyrocket again on Thursday; however, by the end of American market session the bears managed to push the bullion down to 1,232 and below the 20-day SMA.

Fri, 01 Apr 2016 08:01:32 GMT

USD/JPY takes another shot at breaching 112.00

The US Dollar remained relatively unchanged against the Japanese Yen on Thursday, amid mixed fundamental data.

Fri, 01 Apr 2016 07:39:33 GMT

GBP/USD muted ahead of NFP data

The Cable struggled to pierce the weekly R1 for the second day yesterday and is likely to have issues edging above 1.44 again today.

Fri, 01 Apr 2016 07:28:14 GMT

EUR/USD hits 6-month peak amid rally

By appreciating for a fourth successive day on Thursday, EUR/USD tested the 1.14 mark for the first time since October.

Thu, 31 Mar 2016 14:30:07 GMT

USD/CAD on the verge of falling under 1.29

The US Dollar edged more than 100 pips lower against its Canadian counterpart on Wednesday, as the Loonie, being a commodity currency, was boosted by a rally in oil prices.

Thu, 31 Mar 2016 14:19:04 GMT

AUD/USD attempts to prolong rally

An increase in oil prices yesterday caused the Australian currency to strengthen against the American Dollar, but as expected, with gains limited by the immediate resistance cluster.

Thu, 31 Mar 2016 14:08:08 GMT

NZD/USD continues to edge higher

The Kiwi easily overtook the 0.69 psychological level on Wednesday, reaching a fresh nine-month high of 0.6965.

Thu, 31 Mar 2016 14:07:33 GMT

EUR/JPY rises for the fifth day in a row

On Wednesday the European single currency prolonged its recovery against the Japanese Yen, but was unable to breach the immediate resistance cluster.

Thu, 31 Mar 2016 08:28:06 GMT

Gold undecided near technical cluster at 1,227/33

Prices of the yellow metal are increasingly turbulent this week, as the volume of daily trading has not rebounded to pre-Easter levels yet.

Thu, 31 Mar 2016 08:17:12 GMT

USD/JPY keeps sliding down

The Greenback's losses against the Japanese Yen yesterday were limited, due to the ADP Employment Change data beating expectations.

Thu, 31 Mar 2016 08:06:11 GMT

GBP/USD on the edge of falling under 1.43

Upon putting the monthly R1 to the test, the GBP/USD currency pair failed to maintain gains and retreated, closing below the 1.44 level.

Thu, 31 Mar 2016 07:47:12 GMT

EUR/USD at risk of sinking from weekly R2

With recovering volume of trading, the Euro continued to grow in value against the Greenback on Wednesday.

Wed, 30 Mar 2016 15:14:04 GMT

NZD/USD on the edge of breaking the resistance line

On Tuesday the New Zealand Dollar skyrocketed against the Greenback, caused by a rebound in oil prices and Yellen's dovish statement.

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