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Technical Analysis

On Monday morning the common European currency began the week against the US Dollar below the resistance near the 1.1190 level. Near that level, at 1.1187, is located the monthly R2, and exactly at th...
Technical Analysis

The Sterling suffered from the election polls, which showed that Theresa May is barely ahead, thus, resulting in a breach of the strong support cluster around 1.2850. Although a technical correction a...
Technical Analysis

Even though Friday's fundamentals turned out to be better than expected, the Core Durable Goods Orders still weighed on the Buck, ultimately resulting in the USD/JPY pair weakening that day. As a resu...
Technical Analysis

The yellow metal started the week below the 1,270 mark with a decline. The reason for the decline was the fact that the commodity price already reached and has bounced off the resistance put up by the...