Technical Analysis
EUR/USD Anticipated to Trade Within Narrow Range
The EUR/USD currency pair has exhibited a tight trading range spanning 8 bars in recent sessions. In the absence of a distinct breakout from this constrained trading range, traders are advised to consider that the current price action is likely to persist without a clear direction. Bullish participants are making efforts to defend the high of More...
Gold – Technical Analysis (12.01.2015)
Gold – Technical Analysis (12.01.2015) The picture for gold is positive above the $1204.50 support. Bullion is expected to head north to $1238, en route to the key $1255 resistance. More...
EUR/USD – Technical Analysis (12.01.2015)
The outlook for the EUR/USD is firmly bearish below the 1.1975 resistance, and only a solid break of that level will give the chance for a corrective movement of the brutally sold-off pair. Next target on the downside More...
Gold – Technical Analysis (05.01.2015)
We expect to see more sideways trading for gold between the $1142.50 support and the $1238 resistance. A decisive break through either the lower, or the upper range boundary will result in a strong move in the More...
GBP/USD – Technical Analysis (05.01.2015)
The GBP/USD bears are still in a firm control of the situation. Next target for the pair is the major support level at 1.5227. Initial resistance is expected at 1.5485. More...
EUR/USD – Technical Analysis (05.01.2014)
On Friday, the EUR/USD closed below the crucial 1.2042 support both on a daily and weekly basis. This breach signals that the downtrend here is set to continue. The forex pair will target the key 1.1876 zone next. More...
USD/JPY – Technical Analysis (05.01.2015)
The USD/JPY uptrend is firmly intact. Next target for the forex pair is 120.80, en route to the major resistance at 121.84. All downside attempts, if present, should be stopped at the 118.85 support level. More...
GBP/USD – Technical Analysis (29.12.2014)
The GBP/USD’s upside seems limited below the 1.5584-1.5600 resistance area. Next target on the downside for the forex pair is the crucial 1.5430 support. More...
Gold – Technical Analysis (29.12.2014)
The picture for gold is positive above the key $1170 support. Bullion’s next target is $1213, en route to the $1223 resistance. More...
EUR/USD – Technical Analysis (29.12.2014)
The outlook for the EUR/USD remains markedly bearish. Next target for the forex pair is the major 1.2040 support. Initial resistance is expected at 1.2219, and the picture below this technical level will remain More...
