Technical Analysis

  • GBP/USD - Key Resistance at 1.3520
    Following three straight bullish sessions, the Pound declined against the US Dollar in Friday’s session, shrugging off data that indicated a jump in the British manufacturing sector to its strongest
  • EUR/USD - Intraday Under Pressure
    On Friday, the Euro started the session against the US Dollar on a bullish tone, following a surge in the Eurozone’s manufacturing activity to a 17-year high level in November. However, the pair tri
  • Dax Intraday: The Bias remains Bullish
    Long positions above 12915.00 with targets at 13070.00 & 13136.00 in extension. The DAX index has posted gains in the Thursday session. Currently, the DAX is at 13,047.00, up 0.46% since the end of W
  • GBP/USD Up if breaks 1.2900
    The Pound started yesterday’s session on a positive note against the US Dollar, as the UK’s second quarter GDP expanded as initially estimated and the nation’s mortgage approvals from banks rose
  • EUR/USD Intraday: Turning Up
    The Euro traded lower against the US Dollar in the prior session, after the number of Americans filing for fresh jobless claims rose less-thanexpected in the last week. As of now, the pair is trading
  • EUR/USD - Bullish above 1.0935
    On Friday, the Euro traded within the inexperienced towards the us dollar led by means of upbeat records in the Eurozone’s manufacturing and provider zone in April. Early today, the pair formed a lo
  • Crude Oil Rallies, Awaiting U.S Inventories
    Unrefined petroleum costs included +1.28 benefit bp this week +2.44% with 53.58 April-2017-crisp highs. On March 2017, oil costs tumbled to the most reduced at 47.07 over worries of market excess driv
  • USD/JPY - Positive above 110.75
    In the wake of succumbing to four back to back sessions, the USDJPY combine bounced back yesterday and shut down at 110.80, as jobless claims in the US saw an extensive decrease in the most recent wee
  • EUR/JPY - Support at 117.50
    Recently, the Euro kept on exchanging the descending inclining channel against the Yen and slipped as low as 117.33, after shopper opinion in Japan climbed more than market suspicions in March while G
  • GBP/USD - Bullish above 1.2475
    Recently, the Pound exchanged the red against the US Dollar to close at 1.2466, as the quantity of Americans petitioning surprisingly unemployment benefits recorded a critical drop in the most recent
  • GBP/USD - Bullish above 1.2475
    Recently, the Pound exchanged the red against the US Dollar to close at 1.2466, as the quantity of Americans petitioning surprisingly unemployment benefits recorded a critical drop in the most recent
  • EUR/USD - Weak Intraday
    The Euro exchanged with a bearish tone against the US Dollar in the past session burdened by tentative remarks from the European Central Bank (ECB) President Mario Draghi, that the national bank had n
  • EUR/USD - Bullish if breaks above 1.0900
    EURUSD pair reached a five-month high at 1.0904, before closing at 1.0864, after the German business climate registered a fresh six-year high in March. As of now, the pair is trading with a bullish bi
  • Gold - Resistance placed at $1248
    The precious metal advanced for the fifth straight session yesterday as investor sought for a safe bet against the market volatility and weakness in the US Dollar. As of now, the price is oscillating
  • USD/CAD - Bullish if breaks above 1.3410
    Yesterday, the Canadian Dollar rose against its US counterpart to close at 1.3333, after data reported a stronger-than-expected rebound in Canadian retail sales in January. On the 1H chart, the USDCAD
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