Technical Analysis

The US Dollar continues to gain value against its Japanese counterpart for the third consecutive session. The pair breached the 55– and 100-hour moving averages and the upper boundary of a two-week ...
Technical Analysis

NZDUSD (0.7363): The New Zealand dollar remains firmly supported above the 0.7333 level with the declines off the recent highs being only gradual. However, we expect that in the near term, NZDUSD coul...
Technical Analysis

GBPUSD (1.3978): The British pound was seen posting declines after last Friday's retest to 1.4121. The declines could be seen extending towards 1.3902 level in the near term. On the 4-hour chart, the ...
Technical Analysis

EURUSD (1.2387): The EURUSD was seen trading within a small range yesterday but price action managed to close on a bearish note. With price now trading close to the support level established around 1....
Technical Analysis

Gold Short Term Elliott Wave view suggests that Intermediate wave (X) ended with the decline to 1306.96. Up from there, the yellow metal is rallying in 5 waves impulse Elliott Wave structure where Min...
Technical Analysis

NZDJPY may have recently completed a three-wave decline labeled as A)-B)-C) at the 77.63 level, from where a new intra-day bounce followed. This bounce can be start of minimum three-wave reversal with...