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...
Technical Analysis

AUD/USD's technical structure is bullish since early May despite some profit-taking. Hourly resistance is given at 0.7989 (19/07/2017 high). Hourly support is given at 0.7875 (21/07/2017 low). ...
Technical Analysis

USD/CAD is going lower and the pair remains in a strong bearish momentum. Hourly resistance is given at 1.2701 (17/07/2017). Expected to show continued bearish pressures. In the longer term, the pair ...
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...