Technical Analysis USDJPY and EURUSD
Technical Analysis USDJPY and EURUSD USDJPY is under pressure today breaking and the 113 level. The pair will rebound from current level as it has reached oversold level and the shorts will run for some […]
Gold Price Technical Analysis
Gold Price Technical Analysis 10-14-2016 Gold’s main trend is down according to the daily chart. The catalysts behind the weakness are a stronger U.S. Dollar, greater demand for higher risk assets like stocks and increasing […]
Technical Analysis GBPUSD 9-8
Technical Analysis GBPUSD 9-8 GBPUSD made a break of the 100 hour MA to the downside and is moving away. The next target comes below 1.33 at 1.3296 which is the 38.2% of the move […]
GBPUSD higher after ISM non-manufacturing PMI. Technical analysis
GBPUSD Technical analysis The pair has moved above the July high at 1.3371 and keeps trading higher. Weaker data out of the US, ISM non-manufacturing PMI down to 51.4 in August, lowest in 6 years, is […]
DAX Technical Analysis
DAX Technical Analysis The index is testing the resistance at points 10750. Faillure to break above would give a negative reaction. The index is assessed as technically negative for the medium long term. The index […]
EUR/USD after Draghi
EUR/USD after Draghi The day after an ECB event is important. It gives traders an important clue about how strong any moves were and whether sentiment remains strong enough to keep those moves intact. Traders […]
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