Technical Analysis

The Sterling has been appreciating against the US Dollar for consecutive three days. It reached the 1.3020 mark mid-Friday prior to passing through the 200-hour SMA. The rate managed to recover all lo...
Technical Analysis

In line with expectations, Friday's trading session the yellow metal closed above the 1,250 level, as it faced no sizable resistance barriers on its way. For the same reason, in the Monday's morning i...
Technical Analysis

Bitcoin has surged strongly last week. Hourly resistance can be found at 3000 (12/06/2017 high) and hourly support is given at 2615 (21/07/2017 low). Expected to show some further retracement. ...
Technical Analysis

Crude oil is trading lower. Hourly support is given at 43.65 (10/07/2017 low). Strong resistance given at 48.42 (05/06/2017). Expected to show continued weakness. ...
Technical Analysis

Silver is pushing higher after the bounce still bouncing from hourly support given at 15.18 (10/07/2017 low). Key resistance is given at a distance at 17.75 (06/06/2017 high). The commodity has broken...
Technical Analysis

AUD/USD's technical structure is bullish since early May despite some profit-taking. Hourly resistance is given at 0.7989 (19/07/2017 high). Hourly support is given at 0.7875 (21/07/2017 low). ...
Technical Analysis

USD/CAD is going lower and the pair remains in a strong bearish momentum. Hourly support is given at 1.2524 (21/07/2017 low). Hourly resistance is given at 1.2701 (17/07/2017). Expected to show contin...
Technical Analysis

USD/CHF is pushing lower. Hourly resistance can be found at 0.9696 (09/06/2017 high). Strong resistance is given at 1.0107 (10/04/2017 high). Expected to to show further weakness. ...
Technical Analysis

Gold's is trading higher after the precious metal reached the support given at 1204 10/07/2017 high). Hourly resistance lies at 1258 (23/06/2017 high). Expected to show further strengthening. ...
Technical Analysis

EUR/CHF is still trading above psychological level at 1.1000 and the pair is ready to monitor 1.1100. Selling pressures are growing below 1.1100. Hourly support is located at a distance at 1.0922 (30/...
Technical Analysis

EUR/GBP is very volatile. The pair has surged toward 0.9000. Hourly resistance is given at a distance at 0.8742 (16/07/2017 low). Downside risks are important. ...
Technical Analysis

USD/JPY still lies in a bearish momentum. Hourly support is given at 110.65 (16/06/2016 low). Stronger support is located at a distance at 108.13 (17/04/2017 low). Expected to show continued bearish p...
Technical Analysis

GBP/USD is around the 1.3000 mark. Hourly resistance is given at 1.3126 (16/07/2017 high). Hourly support is given at 1.2933 (20/07/2017 low). Expected to show renewed bearish pressures. ...
Technical Analysis

EUR/USD bullish pressures continue. Hourly resistance given at 1.1584 (18/07/2017 high) has been broken. Hourly support can be found at 1.1371 (13/07/2017 high). Stronger support lies at 1.1292 (28/06...
Technical Analysis

European equities plunged on Friday, amid EUR's strength and local disappointing earnings reports. The German DAX shed 203 points or 1.66%, to settle at 12,240.66, its lowest since late April, with al...
Technical Analysis

The FTSE 100 closed lower on Friday, down 34 points or 0.47%, at 7,452.91, anyway positive for the week, amid Pound weakness. On the last day of the week, the sour tone of its European counterparts we...