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GBPUSD Vulnerable To Test 1.5400 27 Aug 2013 | 05:21 pm

GBPUSD currency pair after testing multiple resistance points near 1.5700 – 1.5720 zone, marked by the upper trend-line resistance of the ascending channel formation on daily chart and June 2013 closi...

USDJPY Could Drift Lower 27 Aug 2013 | 02:43 pm

On Monday, USD fell against JPY after US durable goods orders fell more than expected in July. Further, signals from the US about possible military action against Syria triggered risk-off trade and bo...

EUR/JPY: Current outlook 27 Aug 2013 | 02:12 pm

The pair dropped to the 130.10-130.40 support area, which contains the 50-Day SMA and the 100-Day SMA. Should it hold above this area, we would see a new surge towards the 132.40-132.75 resistance ...

SILVER: Current outlook 27 Aug 2013 | 02:00 pm

The metal is still in the uptrend, and in a short-term will likely reach the key 24.85-25.00 resistance area, right where the 200-Day SMA resides. However, daily studies are overbought, suggesting ...

USD/CAD: Technical Outlook 27 Aug 2013 | 01:52 pm

Even after the last weekend’s improving CAD CPI numbers, Canadian Dollar maintained its bearish sentiment completing two consecutive weekly loss against USD. The pair currently trading near 1.0534, ....

AUD/USD: Current outlook 26 Aug 2013 | 01:45 pm

The pair is consolidating above the 0.9000 level, so in a short-term we expect to see a new surge back towards the 0.9300 resistance, with a break and consolidation above to confirm gains ahead of ...

USD/JPY: Current outlook 26 Aug 2013 | 01:31 pm

The pair is testing the 98.80-100.00 resistance area, which contains the 50-Day SMA and the 100-Day SMA. Should it break and hold above this area, it will confirm the uptrend towards the 103.70 res...

Gold: Technical Outlook 26 Aug 2013 | 12:46 pm

Gold prices held their march intact with a tip above $1400 level, the yellow metal is observing upward trend channel connecting the lows of $1180.17 and 1272.73. Gold is currently trading near $1396,...

GBPUSD Slides Further Below 1.5600 23 Aug 2013 | 05:16 pm

On Wednesday, GBPUSD currency pair after testing multiple resistance points near 1.5700 – 1.5720 zone, marked by the upper trend-line resistance of the ascending channel formation on daily chart and J...

USD/CAD: Technical Outlook 23 Aug 2013 | 04:42 pm

USDCAD is testing the highest level in last six weeks high as Canadian Retails Sales, released on Thursday, fell to the lowest level since February. The pair is currently trading near 1.0552, with th...

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