Technical Analysis

Dollar Index (100.03) is wandering just below our resistance of 100.25 after testing it yesterday but the chances of a breakout on the higher side for 101.00 and beyond has increased. Repeat - while t...
Technical Analysis

The American dollar closed the day firmer against most of its major rivals after a tepid start to the week, with the EUR/USD pair settling around 1.0735 after falling to a daily low of 1.0705. Such lo...
Technical Analysis

The higher time frame zone that price has today lurched down into the midst of. You could probably draw this level a little differently, using some of the other spikes printed back in February last ye...
Technical Analysis

EUR/USD The intraday outlook is bearish below 1.0800 minor resistance, for another dip to 1.0690 before bouncing higher towards 1.0870 hurdle. ...
Technical Analysis

Following repeated attempts to claim the upper boundary of the senior ascending channel, EUR/USD failed at the area once more and established the area as a major supply level, meaning that it is unlik...
Technical Analysis

The Cable closed with a 40-pip loss on Friday, as mixed US fundamentals were unable to cause a breach in the tough demand cluster around 1.2450. Nevertheless, the GBP/USD pair slipped back under the 1...
Technical Analysis

Gold showed solid demand with a surge above the 1,219.20 level, which is strengthened by the 100-hour SMA and the upper Bollinger Band, and taking into account the significance of the area, a consolid...