04 Jan 2014 @ 15:53
The aussie has encountered strong resistance near 0.8991 level and next week, is likely to continue falling in this pair. The AUD/USD is forming a higher low pattern above support level of 0.8929. If the pair manages to break that level, would be expected to fall to the level of 0.8895. We should note that […]
03 Jan 2014 @ 13:49
The EUR/GBP has had a short bearish’s way into the H1 chart, but now it seems that this pair wants to recover. EUR/GBP is forming a higher low pattern below the resistance level of 0.8316. It is very likely that this pair fall to the weekly support level of 0.8291. However, if the pair manages […]
29 Dec 2013 @ 11:54
The EUR/JPY was dominated this week by the bulls, as this opened Thursday’s session a bullish gap, which has not been filled. This pair found resistance near the 145.17 level, where this formed a fractal. Now, this pair is forming a bullish pattern above the level of 143.94. If this pair manages to break the […]
29 Dec 2013 @ 11:47
The Australian dollar has shown a lot of weakness in recent days against the U.S. dollar and is expected to continue. AUD/USD stays below the resistance level 0.8929, a level that has shown great strength on this pair, as the AUD/USD has failed to consolidate above this level. Now, it is very likely that this […]
26 Dec 2013 @ 04:30
The EUR/GBP has had a week bearish, despite the low volatility this week has dominated the forex market. This pair is forming a higher low pattern below the monthly pivot level of 0.8358. Now, the EUR/GBP is encountering strong resistance at that level and if the pair manages to continue to fall, it’s expected to […]
20 Dec 2013 @ 10:17
The EUR/JPY is very strong and solid in the bullish trend, which is very normal current corrective movements. This pair is consolidating above support at 142.18 level. Now it is very likely to go up to the weekly resistance level of 142.80. Moreover, if this pair does break the support at the level of 142.18, […]
17 Dec 2013 @ 16:08
The AUD/USD has been very weak in recent days and is likely to continue with this pair that weakness. The aussie is finding support on the level of 0.8929, a fairly hefty monthly level since the AUD/USD has failed to make a breakout there. If this pair takes a bullish rebound at current levels, it […]
16 Dec 2013 @ 01:39
The USD/MXN has been moving in an area that produces a lot of indecision among investors. This pair is currently below the 200 day moving average, but not found many pips away, as the SMA 200 is close to the 12.94 level. If USDMXN manages to break the support level of 12.85, it’s expected to […]
10 Dec 2013 @ 16:10
The kiwi has sought to consolidate its current bullish trend above the 200 SMA, which could be a clear indication that the bulls want to stay in the battle. The NZD/USD has consolidated above the weekly pivot point at 0.8237 level and is very likely to pair up to resistance level at 0.8335. However, we […]
04 Dec 2013 @ 07:15
It’s December, a month where people take the opportunity to do holiday shopping and this in particular makes December in one of the months with higher volatility in the currency market. In the U.S. , sales of the famous cyber monday reached a record figure of $ 2.29 billion, thus, the USD Index has been […]
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