Technical Analysis

Price moves in range on the short term and awaits for the Australian economic figures to bring some action. Technically, has shown some exhaustion signs, but is premature to say that we'll have anothe...
Technical Analysis

Copper contract for July delivery hit fresh over five-month high on Tuesday, boosted by signs of robust demand from top consumer China, tight supplies and weak dollar. Copper price skyrocketed on Tues...
Technical Analysis

The Kiwi is going down versus the greenback on the short term, even if the dollar index stays below the 94.00 psychological level. Price found resistance at the 0.7458 level and now could correct afte...
Technical Analysis

Price posted little gains today and stays below the 1.3057 yesterday's high, technically is expected to increase further in the upcoming period. Is still shy on the short term and is waiting support ...
Technical Analysis

USDJPY has turned increasingly bearish on the 4-hour chart. The pair has been falling in a descending channel since the July 11 high of 114.49. Support was found at 110.96, which is the 61.8% Fibonacc...
Technical Analysis

As it was expected, the monthly PP at the 1,258.37 mark put up resistance to the commodity price. As a result of the bounce off from the level of significance the yellow metal traded near the 1,255 ma...
Technical Analysis

Contrary to expectations, the Greenback failed to reach the weekly S1 at 110.48. This downward momentum was disrupted by a momentum upwards of intermediate strength which occurred mid-session. Thus, a...
Technical Analysis

After breaching the weekly PP at 1.3019, GBPUSD tried to push above the 1.3060 mark. This attempt was unsuccessful which led to the rate re-testing the aforementioned level on several occasions. Techn...
Technical Analysis

On Tuesday morning it could be observed that the common European currency continued to fluctuate against the US Dollar near the 1.1650 mark. It might be a signal that the markets are expecting fundame...
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

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

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 further retracement. ...
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. In the long-term, the pair has largely r...