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...
GBP/USD – Technical Analysis (10.10.2014)
The GBP/USD entered into correction territory after its massive selloff was stopped at 1.5950. The short-term bias remains positive above 1.6024, the immediate support for the pair. Next major target to the upside More...
USD/JPY – Technical Analysis (10.10.2014)
Although the longer term perspective for the USD/JPY remains positive, currently we are seeing some profit taking in the forex pair. The short-term outlook is negative below the 109.20 resistance, targeting 107.38. More...
GBP/USD – Weekly Technical Analysis (15.09.2014-19.09.2014)
Although the correction from 1.6050 is still intact, the slide for the GBP/USD looks far from over. Upside is limited to the 1.6460 resistance at the most, but it can easily run out of steam before reaching the More...
EUR/USD – Weekly Technical Analysis (15.09.2014-19.09.2014)
After touching a low of 1.2859 last week, the EUR/USD entered into a consolidation phase. The pair’s inability to rise to 1.30, at least for a test of the resistance level, reflects its weakness. That is why More...
USD/JPY – Weekly Technical Analysis (08.09.2014-12.09.2014)
The unsuccessful test of the 105.40 crucial resistance on Friday signals a possible pullback ahead for the USD/JPY. Although the uptrend here is intact, our expectations are for the pair to slide to 104.72 on its More...
GBP/USD – Weekly Technical Analysis (08.09.2014-12.09.2014)
Last week, GBP/USD faced some serious selling pressure and touched a seven-month low of 1.6262 on Friday. The pair bounced from the technical support located there for a daily close of 1.6326. At this stage we More...
EUR/USD – Weekly Technical Analysis (08.09.2014-12.09.2014)
A brutal selloff sent the EUR/USD to a 14-month low of 1.2920 last week. The pair closed below the 1.30 support for two days in a row, which signaled further downside could be anticipated in the near term. Next More...
GBP/USD – Weekly Technical Analysis (01.09.2014-05.09.2014)
After the protracted selloff from 1.7190, the GBP/USD found support at 1.6535. The double bottom it made on that level (see chart) is a clear reversal signal, at least for the near term. We expect a break through More...
Technical signals pile up in favor of a USD/CHF correction
RSI divergence from trend combined with a bearish engulfing pattern suggest that, although the rally in USD/CHF has still more way to go on the upside, the pair is currently ripe for a correction. Recent broad More...
