Technical Analysis

After returning to daily resistance, one thing we haven't talked about in GBP/JPY, is the huge ascending triangle pattern that has formed. If you compare where we are now to the horizontal resistance ...
Technical Analysis

The pair dented psychological 1.2500 support on fresh extension of broader downtrend on Monday. Loonie received support from better than expected Canada wholesale sales, keeping very firm tone against...
Technical Analysis

NZD/USD stays higher and could hit new highs in the upcoming days if the USDX will stabilize below the 94.00 psychological level. Price rallied aggressively in the last days and jumped above the 0.737...
Technical Analysis

USD/CAD dropped a little today because is still under massive selling pressure, but most likely will find a strong support in the upcoming days and will start a rebound. Technically, we should have a ...
Technical Analysis

The EUR/GBP drops a little after the impressive rally, but maintains a bullish bias despite the minor correction. Is trading near 0.8930 level, much below the 0.8993 yesterday's high, the Euro lost si...
Technical Analysis

The USDCHF had a bearish momentum last week bottomed at 0.9438. We have a bearish pin bar as you can see on my daily chart below, indicates that price is ready to continue the bearish run after a reje...
Technical Analysis

The USDJPY continued its bearish momentum last week, broke below the daily EMA 200 and 111.45 key support as you can see on my daily chart below. This fact gives us further confirmation of bearish con...
Technical Analysis

The GBPUSD was corrected lower last week bottomed at 1.2932 but still unable to break below the trend line support as you can see on my daily chart below. The bearish pin bar scenario remains valid, b...
Technical Analysis

The EURUSD continued its bullish momentum last week, topped at 1.1682. Price closed above weekly EMA 200, suggests further potential bullish scenario. The bias remains bullish in nearest term testing ...
Technical Analysis

An early Monday's morning showed that the EUR/USD stopped the surge that was triggered by a speech delivered by Mario Draghi last Thursday. The point, at which the pair made a u-turn, represents a rea...
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...