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. ...
Technical Analysis

USD/CHF is trading higher. 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 bearish consolidation ...
Technical Analysis

USD/JPY has bounced higher invalidating short-term bearish downtrend. Hourly support is given at 110.62 (24/06/2016 low). Stronger support is located at a distance at 108.83 (17/04/2017 low). Expected...
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 is given at 1.1712 (25/07/2017 high). Hourly support can be found at 1.1371 (13/07/2017 high). Stronger support lies at 1.1292 (28/06/2017 low). E...
Technical Analysis

XAUUSD (1247.57): Gold prices were seen slipping for a second consecutive day. This follows the doji candlestick that was formed on Monday. The bearish descent could signal a near-term decline in gold...
Technical Analysis

GBPUSD (1.3023): The British pound attempted to rally above 1.3025,but the gains were capped. GBPUSD posted a session high to 1.3083 before giving up the gains to settle rather flat. Price action coul...
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...