Technical Analysis

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Mon, 19 Oct 2015 13:58:03 GMT

USD/CAD to extend the fall towards 1.5-year up-trend

The USD/CAD surprised with i

Mon, 19 Oct 2015 13:47:04 GMT

AUD/USD attempts to retake 0.73

The Australian Dollar declined against its US counterpart, but remained above the monthly R1.

Mon, 19 Oct 2015 13:36:07 GMT

EUR/JPY attempts to pierce 136.00 once more

On Friday the EUR/JPY cross reached the 136.00 major level, but was then pushed back by the weekly PP and 55-day SMA resistance cluster, causing the pair to close at 135.53.

Mon, 19 Oct 2015 08:37:14 GMT

Gold to fall back below 200-day SMA

XAU/USD held above the crucial technical level on Friday, namely the 200-day SMA at 1,175.

Mon, 19 Oct 2015 08:26:19 GMT

USD/JPY resumes journey to ten-month support

As was anticipated, improvements in the US fundamentals on Friday caused the USD/JPY to overperform and breach the 119.20 resistance.

Mon, 19 Oct 2015 08:15:15 GMT

GBP/USD remains stuck between 55 and 100-day SMAs

The British currency was unable to pierce the resistance cluster at 1.5485, ultimately suffering a 34-pip decline.

Mon, 19 Oct 2015 08:01:08 GMT

EUR/USD risks declining to 1.13

Bears continued to dominate the EUR/USD currency pair on Friday.

Fri, 16 Oct 2015 14:47:04 GMT

NZD/USD takes another crack at 0.69

The New Zealand climbed higher against its US counterpart, prolonging its bullish trend.

Fri, 16 Oct 2015 14:36:05 GMT

USD/CAD to fall for the third day in a row

As anticipated, the 1.29 level failed to hold the losses on Thursday, causing the USD/CAD to plunge to the second support cluster.

Fri, 16 Oct 2015 14:25:09 GMT

AUD/USD to end the week under 0.73

Mixed US fundamentals limited the Aussie's gains yesterday, causing the pair to retreat from erasing Tuesday's losses.

Fri, 16 Oct 2015 14:14:09 GMT

EUR/JPY struggles to recover from Thursday's slump

The European currency decline to the 134.80 point on Thursday, due to ECB's Governing Council member's remarks.

Fri, 16 Oct 2015 07:48:05 GMT

Gold struggles to stay afloat

It is a critical moment for gold, as the precious metal is fighting to stay above the 200-day SMA in order to confirm a strong bullish signal and establish a new support area near 1,176.

Fri, 16 Oct 2015 07:37:06 GMT

USD/JPY to increase Thursday's bullish momentum

The ten-month support at 118.50 was tested yesterday, forcing the USD/JPY to recover from harsh downside volatility.

Fri, 16 Oct 2015 07:26:04 GMT

GBP/USD in tight range between 1.5415 and 1.5485

The Cable experienced minor volatility on Thursday, ultimately suffering a slight decline on mixed US economic data.

Fri, 16 Oct 2015 07:03:35 GMT

EUR/USD risks falling lower

EUR/USD came under heavy fire once it approached the 1.15 level.

Thu, 15 Oct 2015 13:36:06 GMT

EUR/JPY falls, preserves bearish trend

The single currency appreciated against the Japanese Yen, erasing Tuesday's loss.

Thu, 15 Oct 2015 13:25:34 GMT

NZD/USD at the highest since June

After Tuesday's losses the NZD/USD currency pair doubled back, taking advantage of the weak US fundamental data.

Thu, 15 Oct 2015 13:14:08 GMT

USD/CAD inches closer to two-year up-trend

The Canadian Dollar took the upper hand, causing its American counterpart to drop to the support cluster around 1.29 yesterday.

Thu, 15 Oct 2015 13:02:00 GMT

AUD/USD climbs higher for the second day

The Aussie behaved in accordance with expectations, rebounding after Tuesday's decline and stabilising at the 0.73 major level.

Thu, 15 Oct 2015 08:18:06 GMT

Gold runs over 200-day SMA

We received a strong bullish signal yesterday, as gold effortlessly pierced through a dense resistance area, which was initially though to be able to hold the bulls at bay.

Thu, 15 Oct 2015 08:01:17 GMT

USD/JPY on the edge of breaking ten-month support

Although the Buck broke out of its four-week consolidation range, the wider trading range remains intact.

Thu, 15 Oct 2015 07:47:16 GMT

GBP/USD in limbo, awaits US data

In spite of worse-than-expected UK fundamentals, the Cable managed to surge on poor US economic data on Wednesday.

Thu, 15 Oct 2015 07:12:18 GMT

EUR/USD to extend recovery

The fundamentals overrode technicals yesterday, and weak US data threw EUR/USD over several important resistances, paving the way for an extension of this rally.

Wed, 14 Oct 2015 13:50:06 GMT

NZD/USD returns to Aug high, keeps climbing

The Kiwi suffered losses against its US counterpart on Tuesday, amid the RBNZ governor's dovish statement.

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