Technical Analysis

The currency pair has dropped sharply on Thursday, but now is fighting hard to recover and to stay higher on the daily chart. Is trading in the green and tries to retest some important resistance leve...
Technical Analysis

The British pound has recovered well-above the 1.3500 handle against the U.S dollar, after international credit rating agency Moody's downgraded the United Kingdom's late on Friday, whilst confirming ...
Technical Analysis

The EURUSD pair has reacted negatively to the weekend's German Federal Elections, which saw German Chancellor Angela Merkel regain power. However, her CDU party lost ground to other-parties, including...
Technical Analysis

XAUUSD (1292.55): Gold prices were seen slipping back to test the support at 1290 levels. We can expect some consolidation to take place within the 1300 and 1290 levels in the near term. An upside bre...
Technical Analysis

GBPUSD (1.3529): GBPUSD is seen posting a lower open today, but price action has quickly recovered to fill Friday's close. GBPUSD remains in a consolidation phase near the top end of the rally. The bu...
Technical Analysis

EURUSD (1.1928): EURUSD gapped lower on the open this morning, but theprice is currently looking to fill the gap from Friday's close. The resistance level at 1.1954 is currently the main level of inte...
Technical Analysis

Back at it for another week and markets have opened with some serious gaps all over the place. One notable gap that I wanted to high is on EUR/USD. ...