EUR/USD – Technical Analysis (13.10.2014)
The EUR/USD weekly close back below 1.2660 signals that the pair’s correction is over. We expect the EUR/USD to continue its massive fall. First target to the downside is 1.2580, en route to the 1.25 support. More...
GBP/USD – Technical Analysis (10.10.2014)
The GBP/USD entered into correction territory after its massive selloff was stopped at 1.5950. The short-term bias remains positive above 1.6024, the immediate support for the pair. Next major target to the upside More...
Gold – Technical Analysis (10.10.2014)
Gold’s slide was stopped a few dollars above the crucial $1180 support, and the precious metal is currently trading above $1120. A weekly close at current levels will result in a triple bottom formation. For More...
USD/JPY – Technical Analysis (10.10.2014)
Although the longer term perspective for the USD/JPY remains positive, currently we are seeing some profit taking in the forex pair. The short-term outlook is negative below the 109.20 resistance, targeting 107.38. More...
Gold – Weekly Technical Analysis (15.09.2014-19.09.2014)
Gold’s slide last week extended further south. The breach of the $1240 support on a daily and weekly basis signals that the precious metal will endure more losses in the near term. Our target for gold this week More...
USD/JPY – Weekly Technical Analysis (15.09.2014-19.09.2014)
The break through the major 105.40 resistance last week was followed by an impulsive movement to 107.39. The picture is bullish above the aforementioned major resistance level. This week we expect further gains More...
GBP/USD – Weekly Technical Analysis (15.09.2014-19.09.2014)
Although the correction from 1.6050 is still intact, the slide for the GBP/USD looks far from over. Upside is limited to the 1.6460 resistance at the most, but it can easily run out of steam before reaching the More...
EUR/USD – Weekly Technical Analysis (15.09.2014-19.09.2014)
After touching a low of 1.2859 last week, the EUR/USD entered into a consolidation phase. The pair’s inability to rise to 1.30, at least for a test of the resistance level, reflects its weakness. That is why More...
USD/JPY – Weekly Technical Analysis (08.09.2014-12.09.2014)
The unsuccessful test of the 105.40 crucial resistance on Friday signals a possible pullback ahead for the USD/JPY. Although the uptrend here is intact, our expectations are for the pair to slide to 104.72 on its More...
GBP/USD – Weekly Technical Analysis (08.09.2014-12.09.2014)
Last week, GBP/USD faced some serious selling pressure and touched a seven-month low of 1.6262 on Friday. The pair bounced from the technical support located there for a daily close of 1.6326. At this stage we More...
