Technical Analysis

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Thu, 09 Jul 2015 14:04:04 GMT

NZD/USD climbs to retake 0.67

Upon reaching the lower Bollinger band at 0.6620, the NZD/USD currency pair was pushed back, what stimulated the bullish momentum to be regained.

Thu, 09 Jul 2015 13:53:05 GMT

USD/CAD to suffer a setback on the way to May high

After experiencing some volatility on Wednesday, the USD/CAD currency pair inched up only nine pips.

Thu, 09 Jul 2015 13:42:07 GMT

AUD/USD gives up on 0.74, turns around

In spite of moderate volatility to the downside, the Australian Dollar still closed trade above the 0.74 psychological level.

Thu, 09 Jul 2015 13:31:58 GMT

Euro finds strength to fight the Yen

The European currency completely negated the two-week gains, as it reached a six-week low yesterday.

Thu, 09 Jul 2015 07:39:16 GMT

XAU/USD fails to consolidate below 1,154

XAU/USD made a second attempt to close below the major support level of 1,154 yesterday, which is reinforced by the monthly and weekly S1.

Thu, 09 Jul 2015 07:39:10 GMT

USD/JPY to rebound after sharp slump

The USD/JPY sustained heavy losses on Wednesday, much more than anticipated.

Thu, 09 Jul 2015 07:39:04 GMT

GBP/USD attempts to regain bullish momentum

On Wednesday, the Cable fell for the second day in a row, but was unable to reach the 1.53 area.

Thu, 09 Jul 2015 07:38:58 GMT

EUR/USD grows despite gloomy background

Despite fears surrounding Greek bailout talks, EUR/USD climbed noticeably Wednesday, by crossing the nearest resistance represented by the 100-day SMA, currently at 1.1029.

Wed, 08 Jul 2015 14:22:06 GMT

NZD/USD climbs to retake 0.67

On Tuesday, the New Zealand Dollar edged closer to the Bollinger band, which caused the Kiwi to bounce back and end the day with only minor losses.

Wed, 08 Jul 2015 14:11:04 GMT

USD/CAD keeps edging closer to May high

On Tuesday, the USD/CAD reached a daily high of 1.2780, but settled still slightly lower at 1.2720, between the second and third resistances.

Wed, 08 Jul 2015 13:56:04 GMT

AUD/USD takes another crack at 0.74

Although the AUD/USD managed to reach the 0.74 target yesterday, the trade still closed in front of the immediate support cluster.

Wed, 08 Jul 2015 13:40:52 GMT

Euro declines on stronger Yen

The weekly PP caused the Euro to bounce back on Tuesday and sustain heavy losses.

Wed, 08 Jul 2015 06:57:00 GMT

XAU/USD tumbles most since May 26

The nearest reliable support for gold at 1,154 is unlikely to withstand the bearish pressure successfully, following a deep slump in the metal's value on Tuesday.

Wed, 08 Jul 2015 06:56:50 GMT

USD/JPY risks falling to six-week low

The weekly PP caused the US Dollar to fall back down, reaching the lower Bollinger band.

Wed, 08 Jul 2015 06:56:43 GMT

GBP/USD keeps struggling to appreciate

Sterling suffered serious losses Tuesday amid worse-than-expected fundamental data.

Wed, 08 Jul 2015 06:56:37 GMT

EUR/USD bounced back after testing Jun low

EUR/USD tested the nearest demand area around 1.0950 yesterday.

Tue, 07 Jul 2015 14:30:06 GMT

EUR/JPY bounces back from the weekly PP

For the second time in a row there were no surprises in the EUR/JPY pair's behaviour.

Tue, 07 Jul 2015 14:19:04 GMT

AUD/USD sets eye on 0.74

Although the Aussie attempted to edge higher yesterday, the April low pushed the AUD/USD back down.

Tue, 07 Jul 2015 14:08:04 GMT

NZD/USD to edge lower; 0.66 in sight

On Monday, the New Zealand Dollar slightly declined against the US currency.

Tue, 07 Jul 2015 13:57:04 GMT

USD/CAD to cover half of the distance to May high

The US Dollar's behaviour was just as foretold, as the it appreciated versus the Canadian currency.

Tue, 07 Jul 2015 07:06:38 GMT

XAU/USD to set eyes on 1,157

XAU/USD was provided with bullish impetus in the early morning trading on Monday; however, gains were somewhat erased later during the day and gold slipped back below the 1,171 mark (weekly PP).

Tue, 07 Jul 2015 07:06:31 GMT

USD/JPY to erase Monday's gains

On Monday, the USD/JPY almost reached the 123.00 psychological level, but due to lack of the bullish momentum was pulled back.

Tue, 07 Jul 2015 07:06:22 GMT

GBP/USD attempts to break out of the bearish trend

Although the Sterling appreciated against the US Dollar yesterday, gains were limited by the monthly PP around 1.56.

Tue, 07 Jul 2015 07:06:16 GMT

EUR/USD in limbo as Euro summit approaches

EUR/USD's outlook tends to remain moderately bearish at the moment, despite attempts of the pair's to rebound yesterday.

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