EUR/USD – Technical Analysis (17.10.2014)
The EUR/USD correction extended further to a high of 1.2885 on Wednesday. Our anticipation is that short-covering will continue carrying the pair higher. It should be kept in mind, however, that the longer term More...
The Steps You Need to Follow for Successful Stock Selection
The abundance of information makes investment decisions in stocks a pretty difficult task. That is why identifying the trustworthy sources is among the first things you should do. To facilitate the sorting and More...
US dollar slumps as meager US data fuel interest rate speculations
Wednesday’s disappointing US economic data result in a dollar selloff, indicating a shift in investors’ expectations about the timing of the Fed interest rate hikes. The EUR/USD rallied to a three-week high, More...
S&P 500 investors increasingly focusing on technicals as the benchmark breaches key levels
The Standard & Poor’s 500 closed below its 200-day moving average for a second day in a row, signaling further losses are highly possible. In the absence of earnings or other economic data to be used as guidance, More...
GBP/USD – Technical Analysis (14.10.2014)
The break through 1.6130 signals that the GBP/USD correction is running out of steam. Although another test of the 1.6225 resistance is in the cards, we favor the GBP/USD bearishness to result in a slide towards More...
EUR/USD – Technical Analysis (14.10.2014)
The EUR/USD correction is set to continue after the fall from 1.2790 was stopped at 1.26 last week. Next target to the upside is the 1.2817 resistance level. The crucial support is located at 1.2650. More...
USD/JPY – Technical Analysis (14.10.2014)
The break through the 108.24 support last week unleashed a technical correction. The USD/JPY is expected to continue its slide towards the key 105.40 support, which is most likely to limit any further downside. Immediate More...
Gold – Technical Analysis (14.10.2014)
After the unsuccessful attempt on the $1180 major support and the triple bottom that formed as a result, the outlook for gold is bright. We expect a break through the $1240 resistance en route to $1269. More...
USD/JPY – Technical Analysis (13.10.2014)
After breaking through the 108.24 support, the USD/JPY is currently trading at 107.10. The pair is expected to continue its way down to 106.80, en route to the key 105.40 support level. Any downside is expected More...
EUR/USD – Technical Analysis (13.10.2014)
The EUR/USD weekly close back below 1.2660 signals that the pair’s correction is over. We expect the EUR/USD to continue its massive fall. First target to the downside is 1.2580, en route to the 1.25 support. More...
