Technical Analysis

USD/CHF is pushing lower. Hourly resistance can be found at 0.9620 (20/07/2017 high). Strong resistance is given at 1.0107 (10/04/2017 high). Expected to to show further weakness. ...
Technical Analysis

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

GBP/USD is trading above 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 continued bearish pressures. ...
Technical Analysis

EUR/USD bullish pressures continue. Hourly resistance given at 1.1584 (18/07/2017 high) has been broken. Other hourly resistance can be found at 1.1684 (24/07/2017 high). Hourly support can be found a...
Technical Analysis

The yellow metal continues to move in range between the 23.6% and the 50% retracement levels, is trading at the half of this sideways movement. Is pressuring the outside sliding parallel line (SL), a ...
Technical Analysis

Price is trading in the red on the short term and is expected to drop much below the 110.00 psychological level if will have enough direction energy to take out the support from 110.61 previous low. S...
Technical Analysis

Price increased in the morning and looks motivated to approach and reach new highs in the upcoming days. USD drops further versus all its rivals ahead the US data, another disappointment in the aftern...
Technical Analysis

The markets were seen trading subdued yesterday with thelack of any tier-one data. Economic data, for the most part, was to do with flash manufacturing and services PMI numbers out of the Eurozone and...
Technical Analysis

Most JPY crosses have been fairly faithfully retracing a consolidation pattern over the past few months and the GBPJPY is no exception to this. However, unlike the more often quoted USDJPY, the GBPJPY...
Technical Analysis

Price decreased in the second part of the day and erased some of the morning impressive gains, the bulls look exhausted on the short term, so a minor retreat is favored. Price could drop further in th...