Search Results for: Dukascopy
Technical Analysis USD/JPY’s bullish outlook relies on 101
July 21st, 2014
Pair’s Outlook Abundance of various resistances between 101.50 and 102.50 is not letting USD/JPY to regain its bullish momentum. For now the support at 101 copes with the downward pressure, but a breach of this level could potentially entail ...
Technical Analysis GBP/USD grinds lower
July 21st, 2014
Pair’s Outlook There are less and less arguments in favour of a rally. First, the currency pair has been failing to make any meaningful progress for the last three weeks. Second, there is a decreasing number of technical indicators ...
Technical Analysis USD/CHF capped by 0.90
July 21st, 2014
Pair’s Outlook USD/CHF made a good attempt to break the resistance at 0.90 on Friday, but in the end it was unable to advance further. As a result, the downside risks substantially increased. The rate is now expected to ...
Technical Analysis EUR/USD faces strong demand at 1.35
July 21st, 2014
Pair’s Outlook Last week, despite the pair breaching a long-term down-trend, the bulls successfully defended the key level at 1.35, thus prodding EUR/USD to return to the monthly S1. However, given the number and density of the supply lying ...
Technical Analysis USD/CHF wavers in face of 0.90
July 18th, 2014
Technical Analysis USD/CHF for July 18,2014 Pair’s Outlook As suspected, USD/CHF is now facing a supply area that is unlikely to give in easily to the bulls, as it successfully stopped advancement of the Greenback last quarter. Unless the ...
Technical Analysis USD/JPY returns to 101
July 18th, 2014
Technical Analysis USD/JPY for July 18/07/2014 Pair’s Outlook USD/JPY was once again thrown back to the support line of the descending triangle it has been forming since the beginning of this year. For the time being the pair keeps ...
Technical Analysis EUR/USD approaches main support
July 18th, 2014
Technical Analysis EUR/USD July 18, 2014 Pair’s Outlook The Euro is getting closer and closer to the key support level at 1.35, which has a chance of stopping the current sell-off and initiating a recovery. However, there will still ...
Technical Analysis GBP/USD stays directionless
July 18th, 2014
Technical Analysis GBP/USD for July 18, 2014 Pair’s Outlook Even though volatility of GBP/USD increased this week, none of the significant levels have been breached yet. According to the technical indicators, the Pound should eventually gain bullish momentum and ...
Technical Analysis USD/CHF jumps higher
July 17th, 2014
Technical Analysis USD/CHF 17/07/2014 Pair’s Outlook As there was no opposition from the 55-day SMA and weekly R1, the U.S. Dollar continued to gain ground. But further advancement is expected to be more difficult, considering that there is the ...
Technical Analysis USD/JPY stumbled over monthly PP
July 17th, 2014
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 price to advance further. And while the near-term technical indicators ...
