Technical Analysis USD/JPY 17/07/2014 Pair’s Outlook Despite USD/JPY closing above 101.61/54 yesterday, the resistance represented by the 55-day SMA and monthly PP appears to be unwilling to let the ... Read More
Technical Analysis EUR/USD for 17/07/2014 Pair’s Outlook As it turned out, EUR/USD did not find enough demand at 1.3568/63, meaning the sell-off should now extend at least down to ... Read More
Technical Analysis GBP/USD 17/07/2014 Pair’s Outlook Although at the beginning of the week it seemed that GBP/USD has finally received a strong upward impetus after a test of the ... Read More
Gold is trading below the key level of $1300 on Wednesday. The metal dropped below this barrier on Tuesday for the first time in about a month, following remarks ... Read More
EUR/USD continues to point southward on Wednesday. In the European session, the pair is trading in the low-1.35 range. The dollar is broadly higher following remarks from Janet Yellen ... Read More
Technical Analysis EUR/USD for 16/07/2014 Pair’s Outlook As soon as the price dropped down to the 2009 high, the bulls became active and subsequently pushed the Cable through some ... Read More
Technical Analysis EUR/USD for 16/07/2014 Pair’s Outlook As suspected, EUR/USD failed to cross the resistance represented by the monthly PP, down-trend and 55-day SMA. As a result, the currency ... Read More
USD/JPY Forecast The USD/JPY had a bullish momentum yesterday and slipped above 101.60. The bias is bullish in nearest term testing 102.00 or higher. Immediate support is seen around ... Read More
USD/CHF Forecast The USD/CHF had a bullish momentum yesterday slipped above 0.8950 as you can see on my hourly chart below. The bias is bullish in nearest term testing ... Read More
Technical Analysis EUR/USD for July 15, 2014 Pair’s Outlook EUR/USD continues to trade beneath the resistance at 1.3643/23, represented by 55-day SMA, monthly PP and two-month down-trend. Accordingly, the ... Read More
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