Technical Analysis

Gold is now consolidating after strong collapse. The technical structure confirms a further consolidation phase. Support given at 1251 (08/08/2017 high) has been broken. Resistance is located at 1288 ...
Technical Analysis

Bitcoin's bullish momentum is far fom over. The technical structure has shown a tremendous positive short-term momentum. Hourly support is located below 14k (08/12/2017 low). Strong support stands ver...
Technical Analysis

EUR/GBP is trading higher lower. The pair has failed to hold below broken support at 0.8791 (07/11/2017 low). Resistance is located at 0.8943 (27/11/2017 high). Expected to show further short-term inc...
Technical Analysis

AUD/USD's downside pressures continue to increase. Hourly resistance is given at a distance at 0.7897 (13/10/2017 high). Key support at 0.7535 (22/06/2017 low) has been broken. Expected to go even low...
Technical Analysis

USD/CAD has bounced back after testing hourly support lies at 1.2667 (10/11/2017 low). Hourly resistance stands at 1.2917 ( 27/10/2017 high). Expected to show further bearish consolidation. ...
Technical Analysis

USD/CHF's volatility is lower. The pair lies in a short-term bullish momentum. Yet, the technical structure indicates further downside risks. The pair has failed to hold consistently above the parity....
Technical Analysis

GBP/USD is bouncing back. The technical structure indicates an extension of bullish momentum. Support is given at a distance at 1.3320 (07/12/2017 low). Expected to show continued further monitoring o...
Technical Analysis

The main story of the day are new lunched BitCoin futures on CBOE exchange, where we saw BTC futures moving up by 20% after the lunch, but there were a few halts already because of sharp moves. Becaus...
Technical Analysis

After benefiting from USD weakness and ripping higher though channel resistance, EUR/USD was unable to break the next level of higher time frame resistance and has started to slowly edge back down. ...
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...
Fundamental Analysis

The Greenback weakened against the European single currency on the US data on Friday pointing to the healthy economic conditions. The EUR/USD jumped 22 base points to the 1.1760 mark, where the bullis...