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Technical Analysis

Euro - US Dollar

EUR/USD Daily Chart – Technical Analysis

12/06/2014(0)
Pair’s Outlook The currency pair closed below the weekly S1, but seems to be already losing its downward momentum ahead of the main support at 1.3481/75. Moreover, less daily ... Read More
EUR - USD

EUR/USD Daily Chart – Technical Analysis

11/06/2014(0)
Pair’s Outlook EUR/USD closed below the weekly S1 yesterday, meaning there are no significant supports left to guard the key level at 1.3481/75—monthly S1 and, more importantly, the 2014 ... Read More
gbp in usd

GBP/USD Daily Chart – Technical Analysis

04/06/2014(0)
Pair’s Outlook Perhaps not at the initially estimated speed, but GBP/USD is nevertheless moving south. Accordingly, soon there is going to be a test of the 100-day SMA. If ... Read More
EUR - USD

USD/JPY needs to rebound from 101.60 to stay bullish

30/05/2014(0)
Pair’s Outlook The currency pair remains unable to break the five-month down-trend resistance line, something that would most likely entail a robust recovery of the U.S. Dollar in the ... Read More
130946-thumb

GBP/USD retreats from 100-day SMA

30/05/2014(0)
Pair’s Outlook Being that GBP/USD has just broken out of the bullish channel to the downside and met a strong support level, there is likely to be a pullback ... Read More
eurusd

EUR/USD confirms monthly S2

30/05/2014(0)
Pair’s Outlook EUR/USD is currently undergoing a bullish correction as a result of an encounter with the support at 1.3582 represented by the monthly S2 level. This rally, should ... Read More
gbp in usd

GBP/USD violates 15-month up-trend

29/05/2014(0)
Pair’s Outlook Even though the support at 1.6782/76 was deemed to be strong and most of the technical indicators were bullish, the Pound took a major hit yesterday. The ... Read More
EUR - USD

EUR/USD tests monthly S2

29/05/2014(0)
Pair’s Outlook The selling pressure is likely to somewhat subside, considering that the currency pair is approaching a potentially tough support at 1.3582, consisting of the monthly S2 and ... Read More
gbp in usd

GBP/USD challenges weekly PP

27/05/2014(0)
Pair’s Outlook The Cable is currently eroding the supply area at 1.6855/51, a breach of which will pave the way towards a major level at 1.70. However, due to ... Read More
EUR - USD

EUR/USD postpones decline

27/05/2014(0)
Pair’s Outlook EUR/USD recovered some of the losses yesterday, but the market is nevertheless considered to be bearish. The reason is that the key resistances, such as the down-trend ... Read More
Broker Cyprus TopFX