Technical Analysis

As it was expected, the currency exchange rate failed to climb above combined resistance formed by the 200-hour SMA and the weekly PP at 113.80. This rebound as well as release of positive Japan’s q...
Technical Analysis

The Turkish Lira has been stranded in two major patterns against the Japanese Yen. The dominant one is a descending triangle which was formed as early as mid-2016. Meanwhile, a more recent one is a fa...
Technical Analysis

The value of Ethereum caught a tailwind on Tuesday, as a series of technical trades brought ETH/USD above critical resistance levels. ETH/USD held firm in the early hours of Wednesday trading, where i...
Technical Analysis

XAUUSD (1281.17): Gold prices posted a bounce back after price briefly slipped below the support level at 1274.70. The strong gains in gold prices saw price rising just close to the main resistance le...
Technical Analysis

USDJPY (113.17): The USDJPY was seen closing on a bearish note yesterday. Price action is weaker in the early Asian trading session as price approaches the short term support level at 113.00. The init...
Technical Analysis

EURUSD (1.1792): The euro posted strong gains yesterday, rising over 1% on the day. The gains came as the single currency was seen steadily rising over the past few sessions. Yesterday's GDP data from...
Technical Analysis

CADJPY Short Term Elliott Wave view suggests that Minor wave X ended at 87.78. Up from there, pair rallies as a double three Elliott Wave structure where Minute wave ((w)) ended at 89.8 and Minute wav...