Technical Analysis

EURUSD (1.1646): The EURUSD posted a fresh two-year high yesterday as price rallied briefly to a session high of 1.1712 before giving up most of the gains. The strong price action and the subsequent f...
Technical Analysis

Continues to move sideways on the short term, between the 23.6% and the 50% retracement levels, is trading at the half of this range. We’ll have a clear direction once we’ll have a valid breakout ...
Technical Analysis

Price found temporary resistance right below the 1.1700 level and could lose altitude as the USDX is trying to recover as much as can before the FOMC Statement. However the perspective is bullish as l...
Technical Analysis

Price looks undecided and uninspired on the Daily chart and could decrease again if the USDX will have enough energy to climb much higher on the short term. GBP/USD is trading much above the 1.3000 ps...
Technical Analysis

Short term YM_F (Dow E-Mini Future) Elliott Wave view suggests the rally from 6/29 low is unfolding as a double three Elliott wave structure and ended with Minor wave W at 21628. Down from there, Mino...
Technical Analysis

Price rallied aggressively and erased the last day’s losses, looks motivated to take out some important resistance level, signaling that the rate will increase further in the upcoming period. Is pre...
Technical Analysis

Price dropped significantly today and touched the 0.7400 psychological level, the retreat is natural after the impressive rally, could come down to test and retest a static support in the upcoming day...
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...