USD/JPY – Technical Analysis (08.12.2014)
The USD/JPY’s impressive rally took the pair to 121.44 yesterday. At some point we expect a sharp correction, but until we see indications of a counter-trend movement, we remain positive. Next target for More...
Gold – Technical Analysis (08.12.2014)
The outlook for gold is positive above the key $1175-1180 major support area. Bullion’s rally is expected to carry on targeting the $1240 resistance. More...
GBP/USD – Technical Analysis (08.12.2014)
The GBP/USD downtrend is intact, and the forex pair is close to breaking through the 1.5580 support. Next target on the downside is 1.5425. Immediate resistance is expected at 1.5730. More...
EUR/USD – Technical Analysis (08.12.2014)
The EUR/USD’s correction attempt was stopped short at 1.2455. The downtrend is resumed, and the pair’s next target is the 1.2040 major support. Immediate resistance is expected at 1.2357. More...
GBP/USD – Technical Analysis (05.12.2014)
The short-term outlook for the GBP/USD is positive above the 1.5585 support. We expect the corrective movement to send the pair to the 1.5624-1.5635 resistance zone, where the upside should be capped and the downtrend More...
USD/JPY – Technical Analysis (05.12.2014)
The USD/JPY rally is set to continue. Next target for the forex pair is the 124.15 resistance. Immediate support is offered by 118.95. More...
Gold – Technical Analysis (05.12.2014)
The $1182.50-$1191.75 area is expected to provide reliable support for gold. The precious metal will continue its rally, with next target the $1240 resistance. More...
EUR/USD – Technical Analysis (05.12.2014)
The EUR/USD correction which started yesterday is still in progress. The forex pair is expected to head north to the 1.2507 resistance. Crucial on the downside is the support level at 1.2353. A breach of there More...
EUR/USD rebounds, as ECB President Draghi does not clearly state quantitative easing is upcoming
Trading EUR/USD staged a rally after touching a two-year low, following ECB President Draghi did not make it clear quantitative easing was imminent. On Thursday, the euro rebounded after hitting a two-year low More...
Gold – Technical Analysis (03.12.2014)
Gold’s impressive rally on Monday signaled that at least a mid-term bottom had been reached at $1131. We are favoring more upside with next target for bullion, the $1240 resistance. Immediate support is More...
