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. ...
Technical Analysis

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

GBP/USD is around 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 renewed bearish pressures. ...
Technical Analysis

EUR/USD bullish pressures continue. Hourly resistance given at 1.1584 (18/07/2017 high) has been broken. Hourly support can be found at 1.1371 (13/07/2017 high). Stronger support lies at 1.1292 (28/06...
Technical Analysis

European equities plunged on Friday, amid EUR's strength and local disappointing earnings reports. The German DAX shed 203 points or 1.66%, to settle at 12,240.66, its lowest since late April, with al...
Technical Analysis

The FTSE 100 closed lower on Friday, down 34 points or 0.47%, at 7,452.91, anyway positive for the week, amid Pound weakness. On the last day of the week, the sour tone of its European counterparts we...
Technical Analysis

US indexes closed in the red on Friday, with the Dow Jones Industrial Average down 31 points, to 21,580.07, the Nasdaq Composite retreating 0.04%, to 6,387.75, and the S&P ending the day 0.04% lower a...
Technical Analysis

Dollar's weakness kept gold on the run, with spot ending the week at $1,254.17 a troy ounce, a few cents below a three-week high of 1,255.64. Political jitters in the US alongside with soft local macr...
Technical Analysis

The GBP/USD pair closed the week in the red at 1.2996, as speculation that the BOE won't need to raise rates and Brexit jitters weighed on the Pound. According to the official release, inflation in th...
Technical Analysis

The USD/JPY pair edged lower for a second consecutive week, plunging on Friday to its lowest in over a month at 111.00, as soft US data and falling US Treasury yields added to US political jitters to ...
Technical Analysis

The EUR/USD pair settled at its highest since August 2015 at 1.1638, up for a second consecutive week. The bullish breakout came on Thursday, following the ECB monetary policy meeting. President Drag...
Technical Analysis

AUDUSD rose to a high of 0.7987 on July 20 before steadying. The pause in the rally suggests that a temporary top is now in place as the market lost upside momentum. Looking at the 4-hour chart, the w...
Technical Analysis

GBP/USD Despite the slow pace, the bias remains positive, for a test of 1.3050, en route to 1.3130 area. Crucial on the downside is 1.2960 low and an eventual break through the latter will signal a re...
Technical Analysis

USD/JPY The downtrend remains absolutely intact and a break through 110.30 support should challenge directly 109.30 dynamic projection. Minor intraday resistance lies at 111.50. ...
Technical Analysis

EUR/USD The recent peak at 1.1682 has initiated a minor pullback and the intraday bias is negative, for a test of 1.1617 and even 1.1580 area. Major hurdle lies at 1.1720. ...