EUR/USD – Weekly Technical Analysis (25.08.2014-29.08.2014)
The break through the 1.3330 support level, which we were anticipating, occurred last week. The former sent the EUR/USD further south, and it is currently trading at 1.3195. The pair is now expected to continue 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...
Gold – Weekly Technical Analysis (18.08.2014-22.08.2014)
Gold is currently trading in a symmetric triangle. The dynamic support is connecting the lows from 31 December 2013 until now, whereas the dynamic resistance is connecting the highs from 28 August 2013 until the 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...
USD/JPY – Weekly Technical Analysis (11.08.2014-15.08.2014)
The unsuccessful test of the 103 resistance level and the subsequent slide below 102.20 changed the outlook for USD/JPY to negative. The pair is expected to continue drifting lower reaching the 101.20-100.80 support More...
Gold – Weekly Technical Analysis (11.08.2014-15.08.2014)
Gold is trading above its 50-day Moving Average, currently lying at $1299.07, and above its 200-day Moving Average at $1285, which is a bullish sign. In the coming sessions we expect more gains for gold. The precious More...
GBP/USD – Weekly Technical Analysis (11.08.2014-15.08.2014)
The GBP/USD slide from 1.7190 is in progress. The pair is showing technical weakness below the 1.6980 key resistance. What adds to the bearish sentiment is the breach of the lower boundary of the upside trading More...
EUR/USD – Weekly Technical Analysis (11.08.2014-15.08.2014)
The EUR/USD is still in a correction phase. The pair is expected to test the 1.3480-1.35 resistance zone, where the upside should be contained. The 0.382 Fibonacci retracement of the fall from 1.37 is located at More...
EUR/USD – Weekly Technical Analysis (04.08.2014-08.08.2014)
After the selloff from 1.37 to 1.3362 the pair entered into a correction phase. The latter is expected to send the EUR/USD to the 1.3480-1.35 resistance zone, where the upside should be contained. The 0.382 Fibonacci More...
