EUR/USD – Technical Analysis (05.01.2014)
On Friday, the EUR/USD closed below the crucial 1.2042 support both on a daily and weekly basis. This breach signals that the downtrend here is set to continue. The forex pair will target the key 1.1876 zone next. More...
GBP/USD – Technical Analysis (11.12.2014)
The GBP/USD correction is losing steam as reversal signs appeared around the 1.5730-1.5750 resistance area. Although a repeated attempt is not to be excluded, we expect the prevaling downtrend to renew in the near More...
GBP/USD – Technical Analysis (09.12.2014)
The GBP/USD downtrend is set to continue. The forex pair is currently targeting the major support at 1.5425. Initial resistance is 1.5725, and the outlook below this level will remain markedly bearish. More...
EUR/USD – Technical Analysis (09.12.2014)
The EUR/USD downtrend has yet to unfold. Next target to the downside is the major 1.2040 support. The 1.2360 resistance is expected to limit any potential attempts on correction. More...
GBP/USD – Technical Analysis (08.12.2014)
The GBP/USD downtrend is intact, and the forex pair is close to breaking through the 1.5580 support. Next target on the downside is 1.5425. Immediate resistance is expected at 1.5730. More...
EUR/USD – Technical Analysis (08.12.2014)
The EUR/USD’s correction attempt was stopped short at 1.2455. The downtrend is resumed, and the pair’s next target is the 1.2040 major support. Immediate resistance is expected at 1.2357. More...
EUR/USD – Technical Analysis (05.12.2014)
The EUR/USD correction which started yesterday is still in progress. The forex pair is expected to head north to the 1.2507 resistance. Crucial on the downside is the support level at 1.2353. A breach of there More...
GBP/USD – Technical Analysis (03.12.2014)
The GBP/USD downtrend is far from over. The pair is currently targeting 1.5590 en route to the crucial support at 1.5425. The resistance level located at 1.5825 will limit any potential correction attempts. More...
Gold – Technical Analysis (01.12.2014)
Gold’s strong bounce from $1146.75 signals that the precious metal might be in for some more upside. Immediate support for the precious metal is offered by the $1142.50-$1146.65 support, while $1131 is crucial More...
GBP/USD – Technical Analysis (27.11.2014)
Despite the GBP/USD’s advance to a session high of 1.5805, the pair’s rally looks brittle and only corrective in nature. The 1.5875 resistance should halt the GBP/USD upside attempts and resume the More...