USD/JPY – Technical Analysis (10.11.2014)
The bearish engulfing pattern, which occurred on a daily frame on Friday, signals that the USD/JPY is set for a pullback after its impressive rally in the last 10 days. It should be noted, however, that any pullback More...
Gold – Technical Analysis (10.11.2014)
Gold’s impressive rally took it to $1176.60 at the close of the trading session on Friday. The impulsive movement suggests that at least a mid-term bottom for bullion was formed at $1131. The bias is now More...
EUR/USD – Technical Analysis (10.11.2014)
The break through the 1.25 support level signals that the EUR/USD is ready for another leg lower. Next target to the downside is 1.2285. Immediate resistance is offered by 1.2500. More...
GBP/USD – Technical Analysis (07.11.2014)
Yesterday’s breakout through the 1.5875 support indicates that the GBP/USD selloff has not run out of steam. Next target to the downside is 1.5750, while initial resistance is expected at 1.5875. More...
EUR/USD – Technical Analysis (07.11.2014)
The break through the 1.2438 support signals that the EUR/USD downtrend has more room to unfold. Next target to the downside is 1.2280. Immediate resistance is the breakout zone at 1.2438. More...
Gold – Technical Analysis (07.11.2014)
The breach of the $1161 support, the lower bound of the trading range, signals the beginning of another leg lower for gold. Bullion is now targeting $1085, en route to $1045. Immediate resistance is $1161. More...
USD/JPY – Technical Analysis (06.10.2014)
After hitting a session high at 115.50 today, the USD/JPY eased on some profit taking. The corrective movement is expected to pull the pair to the 113.15 support, where the downside should be contained and the More...
GBP/USD – Technical Analysis (06.11.2014)
The short-term bias for the GBP/USD is positive after yesterday’s rally sent the cable to 1.5995 from a session low of 1.5867. The 1.6020 resistance is promising to be a tough hurdle for the GBP/USD ascent More...
EUR/USD – Technical Analysis (06.11.2014)
In the short-term, range bound EUR/USD trading can be expected between the 1.2460 support and the resistance at 1.2550. A breach on the downside, which is our favored scenario, will send the pair to 1.2437, en More...
GBP/USD – Technical Analysis (05.11.2014)
As pointed out in our previous analysis, the outlook for GBP/USD is bearish. The pair is trading close to the 1.5875 support. We anticipate a breakout through the level to send the pair to 1.5815. Immediate resistance More...
