Technical Analysis

On Friday, the Pound was actively appreciating against the Dollar being fuelled by reports about progress made on Brexit divorce bill. However, once this anxiety ran out and the US posted another set ...
Technical Analysis

Most of the previous trading session the currency rate spent moving towards the 23.6% Fibonacci retracement level located at 114.03. Nevertheless, this target was not achieved due to resistance area f...
Technical Analysis

XAUUSD (1248.79): Gold prices continue to extend their declines following last Thursday's close below the 1262 handle. Price action fell to a 5-month low. The Stochastics oscillator on the daily chart...
Technical Analysis

USDJPY (113.61): USDJPY continued to extend it’s gains, which come after the strong bullish engulfing pattern that was formed. The upside momentum is expected to see USDJPY pushing towards the previ...
Technical Analysis

EURUSD (1.1776): The EURUSD extended declines on Friday as price fell to a fresh one month low on an intraday basis. However, price action managed to pullback before the close. Price action on EURUSD ...