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AUD/USD remains in range

During the previous trading session, the Australian Dollar was fluctuating between the 200-hour SMA and the monthly S1 in the 0.7592/0.7558 territory. As previously expected, the strong resistance of the 200– and 55-hour SMAs and the weekly PP reversed...

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GBP/USD expectedly rebounds from 1.3380

During previous trading session the cable surged to resistance zone located at 1.3370-1.3380 and then pulled back to the 1.3220. The plunge once again was stopped by a combination of the 55- and 100-hour SMAs, which are lying along...

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NZD/USD driven by bulls in this session

Following the prevalence of bears on Friday, the New Zealand Dollar hit the 100-hour SMA and the weekly PP circa 0.6860 early in this session and turned to the upside. During the following hours, the pair managed to appreciate...

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USD/CAD trades near 1.2620 mid-Monday

After testing a significant resistance cluster formed by the monthly PP, the 100– and 200-hour SMAs circa 1.2750 mid-Friday, the bearish sentiment took the upper hand and guided the US Dollar lower. The pair was fluctuating around the 55-hour...

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FX Strategy 27 Nov 17

In the G10 currencies today, JPY and NZD are the top two gainers while CHF and USD are the weakest. The USD-index continues its fall in early hours of European trading with weakness seen versus all the majors. In...

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NZD/USD surges up to 0.69

The New Zealand Dollar was testing a medium-term channel down during the first half of Wednesday. This was an early indication that pointed to a soon upside breakout. FOMC Meeting Minutes released...

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