Technical Analysis

EUR/USD is trading in the red on the short term and is expected to extend the sell-off. Is focused on correction right now, but remains how long this will be because the FOMC Meeting Minutes could for...
Technical Analysis

EUR/JPY reached new highs in the morning at 130.38 level, but the sellers are still in game and have forced it to decrease in the last few hours. You can see that was almost to reach the confluence be...
Technical Analysis

Price has come back to retest the uptrend line (red line) to confirm this resistance (support turned into resistance) and to validate a further drop in the upcoming weeks. GBP/JPY could climb even tow...
Technical Analysis

NZD/USD dropped as much as 0.7222 level, where has found support again. Price squeezed a little in the last hours, but this could be only temporary because remains under selling pressure. USD is expec...
Technical Analysis

Price continues to move sideways on the Daily chart as the Nikkei failed to resume the corrective phase. The rebound invalidated the breakdown from the symmetrical triangle and now is expected to reac...
Technical Analysis

Price increased significantly today and now is retesting the median line (ML) of the major ascending pitchfork. It has erased the yesterday's losses, even if the USDX stays higher. Could drop again if...
Technical Analysis

USDJPY accelerated higher during Asian trading hours, into wave five of three after a triangle formation in red wave four. As such, this can be final trust up before we get a new deeper pullback into ...
Technical Analysis

Weak UK and strong US fundamentals on Tuesday resulted in a 108-pip fall of the GBP/USD exchange rate within six hours. As a result, the Pound fell down to the 1.2852 mark, but subsequently remained r...
Technical Analysis

Following a breach of the upper line of the junior channel, the US Dollar continued to appreciate against the Yen near the weekly R1. Further potential upwards was strengthened by solid data mid-sessi...
Technical Analysis

The bullion reached the targeted 1,270 mark, as the better than expected fundamental data was released during the middle of Tuesday's trading session. In addition, the fall that occurred due to the re...
Technical Analysis

Silver's bullish pressures are on. Hourly resistance lies at 17.24 (10/08/2017 high) while support can be found at 16.13 (07/08/2017 high). The commodity lies in a short-term uptrend channel. Expected...