NZD/JPY 4H Chart: Buying Signals
The New Zealand Dollar has declined by 190 pips or 2.63% against the Japanese Yen since the beginning...
NZD/CAD 4H Chart: Could Break Channel
The New Zealand Dollar has been trading in an ascending channel pattern against the Canadian Dollar since the...
GBPJPY Locates Foothold, Stalling Sell-Off At 100-Day SMA
GBPJPY has discovered strong support from the 100-day simple moving average (SMA) of 135.54, located at the Ichimoku...
Euro Jumps on ECB’s Optimism Over Economic Recovery, Inflation and No Significant Reaction on High Exchange Rate
The Euro surged to one-week highs on comments from ECB President Christine Lagarde in the press conference after...
EURJPY Surpasses 126.00 Key Level with Strong Momentum
EURJPY stretched its two-day rally above the 40- and 100-period simple moving averages (SMAs) moving towards the 126.00...
USDJPY Watching 106.40
The US dollar is holding above the 106.00 level against the Japanese yen currency as global equity markets...
EUR/GBP Outlook: Bulls Start to Lose Traction on Approach to Initial Target, ECB Meeting in Focus
The cross is consolidating under new six-week high (0.9130) on Wednesday after advancing nearly 2% since Monday’s opening....
AUD/NZD 4H Chart: Two Scenarios Likely
Since the end of August, the AUD/NZD exchange rate has been declining, guided by a descending trend line....
DAX 30 Creates Rising Wedge Reversal Chart Pattern
The German index DAX 30 is building a rising wedge reversal chart pattern (purple lines). The uptrend is...
EURCHF’s Positive Tendency Somewhat Reserved by Constraints
EURCHF’s gradual appreciation remains fairly subdued, confined between the 1.0876 top and a base from 1.0700 until 1.0721....
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