Technical Analysis

EUR/USD lies in a bullish trend despite ongoing consolidation. Hourly resistance can be found at 1.2092 (08/09/2017 high) while hourly support lies at 1.1823 (31/08/2017 low). Stronger support is give...
Technical Analysis

The EUR/CHF opened with a huge gap down in the morning, but now is trying to close it. Price is trading in the green and struggles to stay in the green territory. You can see that has failed to stay a...
Technical Analysis

The EUR/GBP failed to stabilize above the 100% Fibonacci level and above the short uptrend line (dotted line) and now it seems motivated to drop much deeper in the upcoming days. The next downside tar...
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...