Technical Analysis

Thursday's morning started relatively calm, as USD/JPY was driven by low volatility for most of the session. It met resistance at the 200-hour SMA which was eventually breached, thus allowing the US D...
Technical Analysis

Most patterns and technical analysis in general has become obsolete on the XAU/USD chart. As the FOMC Statement was released, the US Dollar fell all across the trading board. In regards to the price o...
Technical Analysis

Crude Oil is trading higher Hourly support is given at 45.40 (24/07/2017 low). Strong resistance given at 50.28 (29/05/2017). Expected to show further bearish consolidation before another leg higher. ...
Technical Analysis

Silver is pushing higher after the bounce 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 continues its short-term ...
Technical Analysis

Gold continues to grow. Strong support is given at 1204 10/07/2017 high). Hourly resistance at 1258 (23/06/2017 high) has been broken. Expected to show continued strengthening. ...
Technical Analysis

Bitcoin's volatility has declined. Strong resistance can be found at 3000 (12/06/2017 high) and hourly support lies at 2403 (26/07/2017 low). Further retracement are expected. ...
Technical Analysis

EUR/CHF is still trading above psychological level at 1.1000 and the pair is headong towards 1.1200. Selling pressures will likely grow around those levels. Hourly support is located at a distance at ...
Technical Analysis

EUR/GBP is very volatile. The pair is consolidating lower. Hourly support is given at a distance at 0.8742 (16/06/2017 low). Downside risks are important. In the long-term, the pair has largely recove...
Technical Analysis

AUD/USD's technical structure has finnaly not reversed. Hourly resistance given at 0.7989 (19/07/2017 high) has been broken. Hourly support given at 0.7875 (21/07/2017 low). There is no sign that the ...
Technical Analysis

USD/CAD is going lower and the pair remains in a strong bearish momentum. Hourly resistance is given at 1.2544 (26/07/2017). Expected to show continued bearish pressures. ...
Technical Analysis

USD/CHF is trading lower. Hourly support can be found at 0.9439 (21/07/2017 high). Strong resistance is given at 0.9771 (15/06/2017 high). Expected to to show further bearish consolidation In the long...
Technical Analysis

USD/JPY has failed to go any higher. Hourly support is given at 110.62 (24/06/2016 low). Stronger support is located at a distance at 108.83 (17/04/2017 low). Expected to show continued bearish pressu...
Technical Analysis

GBP/USD has broken 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 continued bullish pressures. The long-term technical pat...
Technical Analysis

Gold has been advancing it today's trading, hitting a near one-and-a-half-month high of 1264.79. The RSI is comfortably in bullish territory at 63 and keeps heading higher, indicating that momentum in...