Technical Analysis

On Thursday morning the common European currency against the Greenback remained below the combined resistance of the weekly R1 at 1.0814 level and the 38.20% Fibonacci retracement level at 1.0826. Alt...
Technical Analysis

In spite of strong volatility, the Cable managed to remain relatively unchanged on Wednesday, retaining its position above the monthly PP. The Pound keeps taking advantage of the Buck's weakness due t...
Technical Analysis

As was anticipated, the US Dollar weakened against the Japanese Yen for the seventh day in a row yesterday, but with losses slightly exceeding expectations. The given pair closed below the monthly S1,...
Technical Analysis

During the early hours of Thursday's trading session the yellow metal was in a retreats, which was initiated by the end of Wednesday's trading. Although initially it might seem that the 50.00% Fibonac...
Technical Analysis

The EURUSD was indecisive yesterday. The bias is neutral in nearest term. Overall price is still in a bullish phase, still respecting the EMA 200 and the trend line support as you can see on my H1 cha...
Technical Analysis

EUR/USD My outlook here remains positive above 1.0780 support area, for a break through 1.0940 and continuation of the upmove towards 1.0940 target mark. Crucial on the downside is 1.0712. ...
Fundamental Analysis

Did the market just experience a mini-correction? Or is this the beginning of something bigger? Why are news headlines making a big issue of a 1% drop in U.S. equities? Shall investors buy on the dips...