EUR/USD – Technical Analysis (24.10.2014)
The break through 1.2705 a couple of days ago put an end the EUR/USD trading range between the 1.2840 resistance and the aforementioned support. Next target for the forex pair is 1.2500. Immediate resistance is More...
EUR/USD – Technical Analysis (22.10.2014)
The EUR/USD has been stuck in a range between 1.2705 and 1.2840 for several days. We expect the range-bound trading to continue until the aforementioned support and resistance are intact. A break through one of More...
USD/JPY – Weekly Technical Analysis (01.09.2014-05.09.2014)
Although the 104.10 resistance has not been breached by a daily close above it yet, we favor a bullish scenario for USD/JPY. This week we expect the pair to break through the aforementioned level and head toward More...
A brief review of fundamental and technical analysis
The careful and thorough forex market analysis is a challenging but very rewarding task. It is exactly the analysis which draws the dividing line between sophisticated trading and gambling. The two main methods More...
USD/JPY – Weekly Technical Analysis (18.08.2014-22.08.2014)
The pair has been stuck in a range between 100.80 and 103 for more than a 4 months. We remain neutral until a clear break through one of the crucial levels takes place. Until then we recommend selling the USD/JPY More...
EUR/USD – Weekly Technical Analysis (18.08.2014-22.08.2014)
The EUR/USD has been stuck in the tight range between 1.3330-1.3420 for a second week. Our position here remains neutral until one of the above levels is breached. Should a breakout of the 1.3330 support occur, More...
