Technical Analysis

EURCHF likely to break higher in the short term

The Euro was seen trading lower not only against the US dollar, but also against the Swiss franc. However, the…

12 years ago

GBPUSD – More downside to follow after short correction (extract from Weekly Market Forecast 10th of August 2014)

The British pound was one of the biggest losers during this past week, as it traded lower against the US…

12 years ago

AUDCAD sellers to return after short-term correction

The Australian dollar is trading lower against most major currencies, as the recent economic data came as a disappointment. The…

12 years ago

AUDUSD to revisit 0.9200 level in the short term

The Australian dollar crashed earlier during the Asian session, as the Australian jobs report highlighted weakness in the labor market.…

12 years ago

Short-term buy opportunity in EURUSD

The Euro moved lower against the US dollar earlier today after the Euro zone services PMI missed the expectation. However,…

12 years ago

Euro likely to continue higher against British pound, buy dips (extract from Weekly Market Forecast 28th of July 2014)

The Euro gained some traction against the British pound this past week, as the EURGBP pair broke an important short-term…

12 years ago

EURNZD to break the congestion zone and provide a nice trade opportunity

The Euro moved lower against the US dollar yesterday after the US GDP data release, but it managed to hold…

12 years ago

Sell with a break of 136.80 preferred in EURJPY

The Euro continues to drop against most other major currencies, and it looks like the EURJPY pair is also heading…

12 years ago

GBPCHF rally running out of steam; downward bias intact

The British pound is trading a touch lower against most of its counterparts, including the Swiss franc. It is very…

12 years ago

Break of trend line support to ignite losses in GBPJPY (extract from Weekly Market Forecast 28th of July 2014)

The Japanese yen was seen trading higher against other major currencies, including the British pound during this past week. Moreover,…

12 years ago