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...
How to Profit from Important New Zealand Economic Data Releases?
profit forex trading binary options Several times in a month the release of New Zealand key economic data give traders the chance to lock in profits. For the successful implementation of this strategy, several conditions 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...
US state that ECB actions might be insufficient to stop the euro zone from repeatedly sinking into a recession
The US issued another warning regarding the struggling European economy, pointing out that Germany can help by boosting consumer spending, and said further ECB actions may be warranted. The US issued yet another 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...
EUR/USD – Technical Analysis (20.10.2014)
After the strong bounce from 1.2640, the EUR/USD is stuck in a range between 1.2700 and 1.2840. We anticipate the correction to extend to the 1.2980-1.3000 resistance area, where the upside should be contained. Crucial More...
USD/JPY – Technical Analysis (20.10.2014)
After the failed attempt on the crucial 105.40 support, the USD/JPY resumed its strong bullish run. Next target on the upside is the 107.48 resistance, followed by 108.24. As far as the USD/JPY trades above 105.40, More...
Gold – Technical Analysis (20.10.2014)
After the triple-bottom at $1180 the bias for gold is positive. We anticipate the precious metal to head north to the $1269-$1278 resistance area. Immediate support for gold is located at $1220, and above it the More...
GBP/USD – Technical Analysis (17.10.2014)
The GBP/USD is recovering after hitting a 1.5874 low on Wednesday. The upside, however, looks limited. The corrective movement is targeting the 1.6250 key resistance level. The latter is expected to cap the More...
