Technical Analysis

The common European currency started the week higher against the US Dollar than the Friday's closing price. With a new week the new levels of significance have been calculated, and the weekly PP at 1....
Technical Analysis

Friday ended with the Cable erased most of that week's gains, with the bearish momentum persisting through the weekend. The main gauge of such bearish developments were concerns over another possible ...
Technical Analysis

During the last trading session the yellow metal stopped the jump, which was the result of a breakout out of a triangle pattern. The surge stopped at the 1,260 level, where the 200-day SMA was and sti...
Technical Analysis

Dollar-Yen (112.19), contrary to expectations, has declined to the near term support zone of 112.00-111.50 as the uncertainty over the US policies continue. It is not clear at this point if this suppo...
Technical Analysis

The American dollar closed the week with a soft tone across the board, despite Friday's sharp recovery, higher weekly basis, however, against the EUR, as the common currency remains undermined by poli...
Technical Analysis

EURUSD - With the pair following through lower the past week, further weakness is likely in the new week. On the upside, resistance comes in at 1.0600 level with a cut through here opening the door fo...
Technical Analysis

You can see that we're still underneath the daily resistance zone and that price had consolidated thanks to Aussie fundamentals driven strength, before the technical sellers took over once again and m...
Technical Analysis

Crude oil has been down strongly yesterday but current leg up from 53.36 looks like a new impulse so resumption of a bullish trend has to be considered. That said, we labeled end of a regular flat for...
Technical Analysis

EUR/USD The downtrend has been reversed at 1.0493 low and the intraday outlook is positive, for a rebound towards 1.0602, en route to 1.0630 resistance area. Initial minor support lies at 1.0530. ...
Technical Analysis

The common European currency surged against the US Dollar on Thursday morning, as the currency exchange rate continued the late Wednesday's surge. The surge was initiated by the dovish FOMC meeting mi...