Technical analysis of EUR/USD for August 14, 2015

When the European market opens, some economic news will be released such as Final Core CPI y/y, Flash GDP q/q, Final CPI y/y, Italian Prelim GDP q/q, French Prelim Non-Farm Payrolls q/q, German Prelim GDP q/q, and French Prelim GDP q/q. The US will publish macroeconomic data too such as the Prelim UoM Inflation Expectations, […]

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Technical analysis of EUR/USD for August 14, 2015

When the European market opens, some economic news will be released such as Final Core CPI y/y, Flash GDP q/q, Final CPI y/y, Italian Prelim GDP q/q, French Prelim Non-Farm Payrolls q/q, German Prelim GDP q/q, and French Prelim GDP q/q. The US will publish macroeconomic data too such as the Prelim UoM Inflation Expectations, […]

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Technical analysis of EUR/USD for August 14, 2015

When the European market opens, some economic news will be released such as Final Core CPI y/y, Flash GDP q/q, Final CPI y/y, Italian Prelim GDP q/q, French Prelim Non-Farm Payrolls q/q, German Prelim GDP q/q, and French Prelim GDP q/q. The US will publish macroeconomic data too such as the Prelim UoM Inflation Expectations, […]

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Technical analysis of EUR/USD for August 14, 2015

When the European market opens, some economic news will be released such as Final Core CPI y/y, Flash GDP q/q, Final CPI y/y, Italian Prelim GDP q/q, French Prelim Non-Farm Payrolls q/q, German Prelim GDP q/q, and French Prelim GDP q/q. The US will publish macroeconomic data too such as the Prelim UoM Inflation Expectations, […]

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Gold technical analysis for May 20, 2014

Gold price remains inside the triangle. Price has been rejected at the triangle resistance and pulled back towards the lower triangle boundaries. Support is found at $1,287 and resistance, at $1,310. The trend is neutral as long as Gold price is inside this triangle. Price has fallen below the Ichimoku cloud favoring bears a bit. […]

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Gold technical analysis for May 20, 2014

Gold price remains inside the triangle. Price has been rejected at the triangle resistance and pulled back towards the lower triangle boundaries. Support is found at $1,287 and resistance, at $1,310. The trend is neutral as long as Gold price is inside this triangle. Price has fallen below the Ichimoku cloud favoring bears a bit. […]

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GOLD correctional move up

As gold started a medium-term decline on May 18, which ended on June 05 when the price tested a low of 1162. It looks like the correction might be taking place, which could lead to a further extension up. The confirmation of a short-term uptrend scenario could be the breakout of the downtrend trendline that […]

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GOLD correctional move up

As gold started a medium-term decline on May 18, which ended on June 05 when the price tested a low of 1162. It looks like the correction might be taking place, which could lead to a further extension up. The confirmation of a short-term uptrend scenario could be the breakout of the downtrend trendline that […]

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Technical analysis of EUR/USD for March 26, 2015

Overview: Resistance of the EUR/USD pair was broken and it turned to support at the level of 1.0880 this week. The pair has already formed new strong support at the level of 1.0880. Moreover, after the pair has closed above this level today, it is signing the bullish market from 1.0880. Additionaly, the RSI has […]

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Technical analysis of EUR/USD for March 26, 2015

Overview: Resistance of the EUR/USD pair was broken and it turned to support at the level of 1.0880 this week. The pair has already formed new strong support at the level of 1.0880. Moreover, after the pair has closed above this level today, it is signing the bullish market from 1.0880. Additionaly, the RSI has […]

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Technical analysis of EUR/USD for March 26, 2015

Overview: Resistance of the EUR/USD pair was broken and it turned to support at the level of 1.0880 this week. The pair has already formed new strong support at the level of 1.0880. Moreover, after the pair has closed above this level today, it is signing the bullish market from 1.0880. Additionaly, the RSI has […]

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Technical analysis of EUR/USD for March 26, 2015

Overview: Resistance of the EUR/USD pair was broken and it turned to support at the level of 1.0880 this week. The pair has already formed new strong support at the level of 1.0880. Moreover, after the pair has closed above this level today, it is signing the bullish market from 1.0880. Additionaly, the RSI has […]

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Technical analysis of EUR/USD for March 26, 2015

Overview: Resistance of the EUR/USD pair was broken and it turned to support at the level of 1.0880 this week. The pair has already formed new strong support at the level of 1.0880. Moreover, after the pair has closed above this level today, it is signing the bullish market from 1.0880. Additionaly, the RSI has […]

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Technical analysis of EUR/USD for March 26, 2015

Overview: Resistance of the EUR/USD pair was broken and it turned to support at the level of 1.0880 this week. The pair has already formed new strong support at the level of 1.0880. Moreover, after the pair has closed above this level today, it is signing the bullish market from 1.0880. Additionaly, the RSI has […]

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Technical analysis of EUR/USD for March 26, 2015

Overview: Resistance of the EUR/USD pair was broken and it turned to support at the level of 1.0880 this week. The pair has already formed new strong support at the level of 1.0880. Moreover, after the pair has closed above this level today, it is signing the bullish market from 1.0880. Additionaly, the RSI has […]

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Elliott wave analysis of EUR/JPY for October 23, 2015

Wave summary: A decline from 136.39 is clearly impulsive and has all the earmarks of a third wave decline. It is almost vertical and very strong, which is exactly what we would be looking for in wave 3. An ideal target for wave iii is seen at 132.98 where wave iii will be 161.8% of […]

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Daily analysis of GBP/USD for October 17, 2014

On the daily chart, GBP/USD had a significant recovery after finding support at the 1.5883 level, so this pair is conducting a breakout in the resistance level of 1.6046 to rise to the level of 1.6146. However, the current moves in the GBP/USD might be forming a bearish pattern in the long term. The MACD […]

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Daily analysis of GBP/USD for October 17, 2014

On the daily chart, GBP/USD had a significant recovery after finding support at the 1.5883 level, so this pair is conducting a breakout in the resistance level of 1.6046 to rise to the level of 1.6146. However, the current moves in the GBP/USD might be forming a bearish pattern in the long term. The MACD […]

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Daily analysis of GBP/USD for October 17, 2014

On the daily chart, GBP/USD had a significant recovery after finding support at the 1.5883 level, so this pair is conducting a breakout in the resistance level of 1.6046 to rise to the level of 1.6146. However, the current moves in the GBP/USD might be forming a bearish pattern in the long term. The MACD […]

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Daily analysis of GBP/USD for October 17, 2014

On the daily chart, GBP/USD had a significant recovery after finding support at the 1.5883 level, so this pair is conducting a breakout in the resistance level of 1.6046 to rise to the level of 1.6146. However, the current moves in the GBP/USD might be forming a bearish pattern in the long term. The MACD […]

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Technical analysis of NZD/USD for July 28, 2014

Overview: NZD/USD is expected to consolidate with a bearish bias after hitting a six-week low at 0.8537 on Friday. It is undermined by the continued impact from Reserve Bank of New Zealand Gov. Wheeler’s comment last week that the Kiwi’s strength is “unjustified and unsustainable”. Besides, we should consider a pause in the RBNZ’s rate-tightening […]

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Technical analysis of USD/CHF for February 26, 2016

Overview: The USD/CHF pair faced resistance at the level of 0.9960, while minor resistance is seen at 0.9929. Support is found at the levels of 0.9878 and 0.9831. Yesterday, the USD/CHF pair continued to move upwards from the level of 0.9878. The pair rose from the level of 0.9878 to the top around 0.9920. In […]

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Technical analysis of USD/CHF for February 26, 2016

Overview: The USD/CHF pair faced resistance at the level of 0.9960, while minor resistance is seen at 0.9929. Support is found at the levels of 0.9878 and 0.9831. Yesterday, the USD/CHF pair continued to move upwards from the level of 0.9878. The pair rose from the level of 0.9878 to the top around 0.9920. In […]

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Technical analysis of USD/CHF for February 26, 2016

Overview: The USD/CHF pair faced resistance at the level of 0.9960, while minor resistance is seen at 0.9929. Support is found at the levels of 0.9878 and 0.9831. Yesterday, the USD/CHF pair continued to move upwards from the level of 0.9878. The pair rose from the level of 0.9878 to the top around 0.9920. In […]

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Technical analysis of USD/CHF for February 26, 2016

Overview: The USD/CHF pair faced resistance at the level of 0.9960, while minor resistance is seen at 0.9929. Support is found at the levels of 0.9878 and 0.9831. Yesterday, the USD/CHF pair continued to move upwards from the level of 0.9878. The pair rose from the level of 0.9878 to the top around 0.9920. In […]

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Technical analysis of USD/CHF for February 26, 2016

Overview: The USD/CHF pair faced resistance at the level of 0.9960, while minor resistance is seen at 0.9929. Support is found at the levels of 0.9878 and 0.9831. Yesterday, the USD/CHF pair continued to move upwards from the level of 0.9878. The pair rose from the level of 0.9878 to the top around 0.9920. In […]

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Technical analysis of USD/CHF for February 26, 2016

Overview: The USD/CHF pair faced resistance at the level of 0.9960, while minor resistance is seen at 0.9929. Support is found at the levels of 0.9878 and 0.9831. Yesterday, the USD/CHF pair continued to move upwards from the level of 0.9878. The pair rose from the level of 0.9878 to the top around 0.9920. In […]

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Technical analysis of USD/CHF for February 26, 2016

Overview: The USD/CHF pair faced resistance at the level of 0.9960, while minor resistance is seen at 0.9929. Support is found at the levels of 0.9878 and 0.9831. Yesterday, the USD/CHF pair continued to move upwards from the level of 0.9878. The pair rose from the level of 0.9878 to the top around 0.9920. In […]

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Technical analysis of USD/CHF for February 26, 2016

Overview: The USD/CHF pair faced resistance at the level of 0.9960, while minor resistance is seen at 0.9929. Support is found at the levels of 0.9878 and 0.9831. Yesterday, the USD/CHF pair continued to move upwards from the level of 0.9878. The pair rose from the level of 0.9878 to the top around 0.9920. In […]

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Daily analysis of major pairs for February 20, 2015

EUR/USD: This pair has not been going in a determined manner, and it would be judicious to stay away from the market until a good momentum returns to it. The price could either break the resistance line at 1.1450 to the upside or break the support line at 1.1300 to the downside. USD/CHF: On the […]

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