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...
As it was forecasted yesterday, the resumption of surge towards the 1.1910 level was halted in resistance zone that contained both the weekly PP with the 55-hour SMA as well as the 61.8% Fibonacci retracement level and the 100-hour...
As it was warned yesterday, publication of encouraging news from the United States one after another led to notable appreciation of the buck whose surge was stopped only is support zone located around the weekly S1 at 1.3231. Since...
In line with forecasts, an improvement in consumers’ sentiment dragged the pair to the weekly PP at 1.1864, while the subsequent news that two hesitating senators agreed to join other Republicans to support tax reform pushed the pair even...
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...
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...
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...
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...
The USD/CAD currency pair was stranded between the 100– and 200-hour SMAs during the first half of Wednesday, as traders were reluctant to push in any direction.
However, bears started to overwhelm...
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...
