Technical analysis of Forex market

AUDUSD – The pair backed off lower prices to close higher on Wednesday. Support resides at the 0.7150 level where a breach will aim at the 0.7100 level. Below that ...

After showing signs of stabilizing over the past couple of weeks, cryptoassets are seeing sharp selloffs in today’s trade. The proximate catalyst for today’s big drop is a report that ...

The US 500 index has declined after touching an all-time high of 2,916.50 on August 29. Still, the benchmark continues to trade relatively close to its record peak. The RSI ...

Sterling surged across the board on Wednesday after report that British and German governments have abandoned key Brexit demands, in attempts to open way for Britain to easier reach the ...

Key Highlights The US Dollar found support near 0.9650 and recovered against the Swiss Franc. There is a key bearish trend line in place with resistance at 0.9775 on the ...

US traders have returned from a long holiday weekend to the see the greenback gaining across the board (see my colleague Fawad Razaqzada’s post, “Dollar rises to resistance ahead of ...

The pair accelerated higher on Tuesday, extending strong recovery rally from 1.2887 (28 Aug low) into fourth straight day. Fresh bulls, boosted by rising fears about escalation of US/China trade ...

EURNZD has been outperforming over the last couple weeks, after the rebound on 20- and 40-simple moving averages (SMAs) in the daily timeframe. The price reached a fresh almost three-year ...

Key Highlights The British Pound faced a strong resistance near 1.3050 and declined against the US Dollar. There was a break below a major ascending channel with support at 1.2930 ...

Brexit deadlock and the strength of the dollar index is keeping the pressure on the sterling-dollar pair. In the currency market, the dollar index is on the surge again and ...

EURAUD posted an aggressive bullish rally in the previous couple of weeks after the bounce off the 1.5580 level. However, the pair has been developing within a consolidation area since ...

USDJPY: The pair still faces price recovery threats as it looks to build up on its Friday price correction. On the downside, support lies at the 111.00 level where a ...

GOLD – The commodity looks to weaken further in the new week despite its price hesitation on Friday. On the downside, support comes in at the 1,190.00 level where a ...

EURUSD – The pair looks to pullback in the new week after turning lower the past week. On the upside, resistance comes in at 1.1650 level with a break through ...

Silver turned increasingly bearish after it dropped below the 16.00 key-level, the bottom of its range-bound trading recorded between early February and mid-June, printing lower lows and lower highs until ...

The Euro stands in red during mid-European and early US trading and extends pullback through initial support at 1.1656 (base of thin daily cloud). Thursday’s close in red created bearish ...

EURJPY: The pair looks to weaken further leaving risk of a move towards the 128.79 zone on the cards. Support comes in at the 128.50 level where a break if ...

Turkish lira rose on Friday, taking a breather of four-day fall which hit the lowest since 13 Aug record low, on spike to 6.8379 on Thursday. Fresh support to lira ...

The British pound continues to trade around the 1.3000 level against the US dollar on Friday, as optimism over Brexit negotiations continues to support sterling buying. The GBPUSD pair retains ...

The US dollar continues to tumble against the Japanese yen currency, as investors fears grow over President Trump’s latest trade tariff threats to China and the World Trade Organization. The ...