EUR/USD – Technical Analysis (27.10.2014)
The EUR/USD slide was stopped at 1.2612 on Friday. The protracted consolidation above the 1.2600 support signals that the correction phase for the pair is not over yet. We expect the EUR/USD to head to the 1.2740 More...
Gold – Technical Analysis (24.10.2014)
Yesterday’s daily close below the $1240 support was bad news for gold bulls. We expect the precious metal to resume its long-term downtrend. First target to the downside is $1221, followed by $1204. Immediate More...
USD/JPY – Technical Analysis (24.10.2014)
The outlook for the USD/JPY remains positive above the 107.50 support. The pair is expected to continue its way north to 109.45, en route to the crucial resistance at 110.08. Keep in mind that a break through 107.50 More...
GBP/USD – Technical Analysis (24.10.2014)
The GBP/USD upside correction lost steam at 1.6182 several days ago, and the bias turned back to negative. At this stage we favor a continuation of the downtrend, which will target 1.5950. Immediate support is More...
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...
USD/JPY – Technical Analysis (23.10.2014)
The USD/JPY slide was contained at the 106.23 support a couple of days ago. The current outlook is positive for a rise to 107.48, en route to the 108.00 resistance. Immediate support for the pair is offered by More...
Gold – Technical Analysis (23.10.2014)
Gold’s triple bottom at $1180 was followed by a successful break through the $1240 resistance, confirmed on a daily basis. Evidence has been building up in favor of the precious metal’s reversal, at More...
GBP/USD – Technical Analysis (22.10.2014)
The GBP/USD upside correction lost steam short of the 1.6225 resistance. At this stage, we favor a reversal, which will target 1.5950. Immediate support is offered by 1.6080. 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...
GBP/USD – Technical Analysis (20.10.2014)
The technical bounce from 1.5870 is still intact. The GBP/USD is currently targeting the resistance at 1.6250, which would put an end to the forex pair’s fragile recovery. Initial support is provided by 1.6028. More...
