Moving sideways. • Gold is consolidating around 1265 after the yellow metal has faded near the hourly resistance at 1295 (18/04/2017 high). Support can be located at 1261 (intraday low). The road is...
Bouncing on and off. • EUR/CHF is back lower. Despite the sharp increase and the recent bullish breakout which is very likely psychological, we believe that the medium-term pattern suggests us to see at...
Selling pressures. • EUR/GBP keeps on pushing lower. The technical structure is negative as long as the resistance at 0.8596 holds. Expected to show continued weakness until resistance given at...
Stalling below 120.00. • EUR/JPY's buying pressures are there. Key resistance area is given around 122.00 and stronger resistance stands at 123.31 (27/01/0217 high). Major support is given at 114.90...
Ready for another leg higher. • AUD/USD is consolidating after the break of support at 0.7473 (12/04/2017 low). As long as prices remain below the resistance at 0.7608 (17/04/2017 high), the short-term technical...
Strong buying pressures. • USD/CAD has broken key resistance given at 1.3599 (28/12/206 high). The pair keeps on pushing higher. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017...
Growing demand. • USD/CHF has ended its consolidation above 0.9900. The volatility is getting higher. The shortterm technical structure is turning positive as long as prices remain below the hourly resistance at 1.0171 (07/03/2017). Monitor strong...
Testing 112.20. • USD/JPY is consolidating. Strong resistance can be found at 112.20 (31/03/2017 high). Closest support can be located at 108.13 (17/04/2017 low). Other key supports lie at a...
Ready to target 1.3000. • GBP/USD keeps pushing higher. Resistance at 1.2905 (18/04/2017 low) has been broken. The pair has exited the short-term bearish momentum. Hourly support can be found at...
Consolidating. • EUR/USD is trading sideways. Hourly support is given at 1.0852 (27/04/2017 low) then 1.0682 (21/04/2017 base). Stronger support can be found at 1.0494 (22/02/2017 low). Hourly...
After all of the excitement from the French election, Donald Trump’s “big” tax reform announcement and the prospect of another U.S. government shutdown, there was very little consistency in the performance of the dollar...
AS publihed yesterday AUDUSD hit the first target. Next targets are possible to be reached today. Click for more details...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Last week opened with a massive gap-up that also affected other EUR pairs. Price reached the resistance line at 1.0950 then consolidated until the end of the week...
Declining oil prices are not letting CAD to be stronger. When we look at CADJPY , picture comes out as : CADJPY Daily Chart : During last 3 dayS FIBO retracement 61.8 @81.20 was a strong support for CADJPY. Below this level FIBO Expansion Line at 80.50 is the stronger support...
EURUSD: With the pair still retaining its downside pressure, more weakness is likely. Resistance comes in at 1.0950 level with a cut through here opening the door for more upside towards the 1.0000 level. Further up, resistance lies at the 1.1050 level where a break will expose the 1.1100 level...
Весь апрель система Legion была в боковике, несколько провайдеров уходили в глобокие просадки, однако прибыль от других провайдеров вытягивала график. В последние два торговых дня апреля был зафиксирован убыток в размере 11.23%, также имеется плавающая просадка в размере 6.47...
First, a review of last week’s forecast: - When giving the forecast for EUR/USD, 35% of experts and indicators on D1 insisted that it should return to the highs of February and March 2017. This is what happened in response to the first round of the French presidential elections...
USDCHF: The pair closed higher on Friday following its turn off lower prices. This development now leaves it targeting further upside in the new week. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0...
What a way for the EUR/USD pair to close April! The common currency surged to fresh 2017, gapping around 200 pips on Sunday, amid the result of the first round of the French presidential election...
