Technical Analysis

GBP/USD continues bouncing, outreaching resistance at 1.4003 (23/01/2018) and distancing support at 1.3742 (16/01/2018 low). The technical structure suggests further upside move. ...
Technical Analysis

EUR/USD maintains its rise, breaking resistance at 1.2537 (25/01/2017) and heading toward 1.26. Hourly support is maintained at 1.2165 (17/01/2018 low). The technical structure suggests further upside...
Technical Analysis

The euro has climbed to a new 2018 trading high against the U.S dollar, with price-action trading towards the 1.2550 level during the Asian trading session. The EURUSD pair easily broke through the fo...
Technical Analysis

Bitcoin extended the rally to trade above $10,000 for the first time in two weeks. The rally came as the regulatory noise that dominated the markets in recent times seemed to fizzle out. The current r...
Technical Analysis

NZDUSD (0.7420): The New Zealand dollar is seen testing the highs around 0.7420 level, marking the highs established from two weeks ago. The reversal in the price action suggests upside momentum with ...
Technical Analysis

GBPUSD (1.4134): The British pound managed to push higher with price breaking out from the upside. The breakout from the resistance level at 1.4037 could indicate further upside gains in the currency ...
Technical Analysis

EURUSD (1.2541): The EURUSD maintained the gains yesterday as price rallied to a fresh 3 year higher earlier today. The gains in the euro came as the U.S. dollar failed to hold on the gains giving a l...
Fundamental Analysis

Dollar weakness prevails this morning. USD/JPY dropped below key support (106.52). EUR/USD tests the 1.2537 cycle top. The trade-weighted dollar (DXY) tests the cycle low (88.43) which coincides with ...