Gold – Weekly Technical Analysis (08.09.2014-12.09.2014)
Gold slid to almost a 3-month low last week, touching 1256.85 on Friday. It breached the dynamic support provided by the symmetrical triangle it had been trading in since the very beginning of 2014 (see chart). More...
EUR/USD – Weekly Technical Analysis (08.09.2014-12.09.2014)
A brutal selloff sent the EUR/USD to a 14-month low of 1.2920 last week. The pair closed below the 1.30 support for two days in a row, which signaled further downside could be anticipated in the near term. Next More...
Fingers on the sell button: gold broke through its dynamic support!
Bullion slid to a 2.5-month low, breaching the dynamic support provided by the symmetrical triangle it had been trading in the entire 2014; considerable downside potential is unleashed. Gold was knocked down to More...
Gold – Weekly Technical Analysis (01.09.2014-05.09.2014)
Gold’s range is becoming even tighter, squeezed by the diagonal support and resistance of the symmetrical triangle the yellow metal has been trading in for the last eight months. Last week XAUUSD bounced up from 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...
GBP/USD – Weekly Technical Analysis (01.09.2014-05.09.2014)
After the protracted selloff from 1.7190, the GBP/USD found support at 1.6535. The double bottom it made on that level (see chart) is a clear reversal signal, at least for the near term. We expect a break through More...
EUR/USD – Weekly Technical Analysis (01.09.2014-05.09.2014)
The EUR/USD slid to a one-year low last week, touching 1.3133 and then retreating just a few pips for a weekly close of 1.3138. The pair is trading below both its 50-day and 200-day Moving Average, which are currently More...
USD/JPY – Weekly Technical Analysis (25.08.2014-29.08.2014)
Last week the USD/JPY broke through the 103 resistance, thus bringing the prolonged range-bound trading between 100.80 and 103 to an end, at least for a while. The pair is now headed for a test of the major 105.40 More...
Gold – Weekly Technical Analysis (25.08.2014-29.08.2014)
Gold is currently testing the diagonal support at $1272, provided by the symmetric triangle it has been trading in for the last 5 months. The $1276-$1268 static support area also adds to the significance of the More...
GBP/USD – Weekly Technical Analysis (25.08.2014-29.08.2014)
The selloff in GBP/USD is already in its sixth week, and the charts do not provide any clue of a correction. The slide from 1.7190 has taken place with negligible corrective upswings after which the bears have More...
