In-depth technical and fundamental analysis and forecast for currencies & commodities by experienced financial analysts: EUR/USD, GBP/USD, AUD/USD, EUR/GBP, USD/JPY, USD/CHF, XAU/USD, XTI/USD and more. Currency price movements, support and resistance analysis, major economic events, that affect the formation of exchange rates.
EUR/USD declined heavily recently below the 1.1340 and 1.1280 support levels. USD/JPY broke the key 110.25 resistance area to move into a positive zone. Important Takeaways for EUR/USD and USD/JPY The Euro faced an increase in selling pressure and broke the 1.1340 support area. There is a [Read more...]
GBP/USD started an upward move from the 1.3000 support and it could recover above 1.3240. EUR/GBP declined recently and broke the key 0.8600 support area. Important Takeaways for GBP/USD and EUR/GBP The British Pound is showing positive signs above the 1.3140 and 1.3160 levels. There was a [Read more...]
Gold price climbed towards the $1,320 level recently before correcting lower. Crude oil price is currently consolidating gains and remains supported on dips near $59.50. Important Takeaways for Gold and Oil Gold price is placed nicely in an uptrend above the $1,300 support level against the US [Read more...]
EUR/USD recovered nicely and broke the 1.1325 resistance area to move into a positive zone. USD/CHF is currently under pressure, but it may recover in the short term. Important Takeaways for EUR/USD and USD/CHF The Euro gained traction and broke the 1.1280 and 1.1325 resistance levels against [Read more...]
GBP/USD climbed higher and settled above the 1.3210 resistance level. USD/CAD corrected higher, but it failed to break the key 1.3370 resistance area and later declined. Important Takeaways for GBP/USD and USD/CAD The British Pound gained bullish momentum and traded above the 1.3200 resistance [Read more...]
AUD/USD is gaining bullish momentum and it could break the 0.7100 resistance. Similarly, NZD/USD is trading nicely above the 0.6820 support and it may continue to climb higher. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar formed a solid support near 0.7040 and climbed higher [Read more...]
EUR/USD recovered recently above 1.1200, but it is facing a crucial resistance near 1.1320. USD/JPY is also approaching a major barrier, which could produce a bearish reaction. Important Takeaways for EUR/USD and USD/JPY The Euro recovered nicely after trading towards the 1.1180 support area. [Read more...]
GBP/USD declined heavily this past week and broke the key 1.3100 support area. EUR/GBP gained traction and broke the 0.8580 and 0.8600 resistance levels to move into a positive zone. Important Takeaways for GBP/USD and EUR/GBP The British Pound faced an increase in selling pressure and tumbled [Read more...]
Gold price declined heavily and broke the $1,300 support level to move into a bearish zone. Crude oil price might decline sharply if there is a downside break below the $56.25 support level. Important Takeaways for Gold and Oil Gold price declined sharply after topping near the $1,330 [Read more...]
EUR/USD failed to hold gains above the 1.1350 level and declined below 1.1320. USD/CHF surged higher and broke the key 1.0020 resistance level to move into an uptrend. Important Takeaways for EUR/USD and USD/CHF The Euro topped above the 1.1400 pivot level and declined heavily against the US [Read more...]