EUR/JPY Extends Its Surge To 129.50
On Wednesday, the EUR/JPY currency exchange rate passed the resistance of the 129.00 mark and the technical levels that were strengthening it. Afterwards, the 129.00 level was confirmed as support and the pair almost immediately reached the 129.50 level. By...
AUDUSD Fights Back And Climbs Above 0.72 Mark
AUDUSD is tackling the 0.7225 barrier as upside efforts persist after the recent bounce of the pair within the 0.6963-0.7020 critical support base, which is defending the broader positive structure. Despite the latest price improvements, the falling simple moving averages...
As The Vol Episode Of December Subsides A Better Prognosis Emerges For The NZDUSD
This week, a sense of calm has returned, supported by another round of research that shows the Omicron variant is less likely to require hospital treatment than the Delta variant. Along with economic data released overnight that showed the Omicron...
USDCAD Posts Losses After Meeting 1-Year High
USDCAD is retreating after the pullback off the one-year high of 1.2960 after a strong rally from the 1.2600 support level. The flat mode in the RSI indicator confirms the recent weak momentum on price, while the stochastic oscillator is...
GBPJPY Extends Swift Upturn, Key Resistance Overhead
GBPJPY has swiftly turned up following the consolidation around the 149.50 support area, with the price breaching the limits from the 200-day simple moving average (SMA) to peak at a one-month high, nearly around the 153.00 level early on Thursday....
Gold Eases Below 1,800 and Short-Term SMAs
Gold could not find enough buyers to overcome the 1,800 level during the previous sessions, with the spotlight shifting again towards the 1,784 support zone and the Ichimoku cloud. The RSI and the MACD continue to flatten, while the former has also slipped back below...
GOLD Respects Moving Averages
The price for gold passed the support of the 100-hour simple moving average near 1,790.00 on Tuesday afternoon. However, the price almost immediately found support in the 200-hour simple moving average, which kept the rate up until the middle of...
GBP/JPY Reaches 151.50 Mark
The GBP/JPY has once by one passed technical resistance levels and reached the 151.50 mark. In general, each technical resistance level managed to hold no longer than two hours before being passed. On Wednesday morning, the 151.50 level provided resistance...
EUR/USD Finds Support In Pivot Point
Since mid-Monday, the EUR/USD has been fluctuating between the support of the weekly simple pivot point at 1.1276 and the resistance of the 1.1302/1.1305 zone. In the case that the rate drops below the weekly simple pivot point at 1.1276,...
USD/TRY Outlook: Lira Has Registered The Record One-Day Rally On President Erdogan’s
USDTRY was the top performer on Monday and early Tuesday, in a generally slowing pre-holiday market, shook strongly twice by the comments from Turkish President Erdogan. The currency accelerated to new historical low against the US dollar below 18 mark...