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.
The Euro and British Pound traded lower this week against the Japanese Yen. Both EUR/JPY and GBP/JPY are currently correcting higher, but they are approaching important resistances. Important Takeaways for EUR/JPY and GBP/JPY The Euro is currently struggling near the 128.80 and 129.00 [Read more...]
EUR/USD found support near 1.1215 and started a short term correction. USD/JPY remains in an uptrend above the 113.70 support and resistance awaits near 114.10. Important Takeaways for EUR/USD and USD/JPY The Euro declined heavily below 1.1300 until buyers appeared near the 1.1215 level. There [Read more...]
GBP/USD started a fresh decline and broke the 1.3040 support area. AUD/USD is under pressure and it could accelerate losses below the 0.7220 support. Important Takeaways for GBP/USD and AUD/USD The British Pound recovered towards 1.3175 where it faced sellers, resulting in a bearish move. [Read more...]
Gold price topped near the $1,237 level and declined recently. Crude oil price is under a lot of pressure and it may slide further towards the $60.00 or $58.00 levels. Important Takeaways for Gold and Oil Gold price traded higher nicely until sellers appear near the $1,236-1,237 zone against [Read more...]
EUR/USD recovered recently and traded above the 1.1420 resistance. USD/CHF is currently under pressure and it could continue to move down towards 0.9990 or 0.9970. Important Takeaways for EUR/USD and USD/CHF The Euro formed a decent support near 1.1360 and recovered recently against the US [Read more...]
GBP/USD recovered nicely and moved back above 1.2900. USD/CAD is currently showing negative signs and it could decline further towards 1.3050. Important Takeaways for GBP/USD and USD/CAD The British Pound formed a solid support near 1.2710 and recovered nicely. There is a steep bullish trend [Read more...]
AUD/USD formed a solid support near 0.7060 and climbed higher. NZD/USD also gained upside momentum recently and broke the 0.6600 resistance. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar started a solid upward move and traded above 0.7150 against the US Dollar. There was a break [Read more...]
EUR/USD remained in a solid downtrend and broke the 1.1400 support. Conversely, USD/JPY is following a solid uptrend and it could continue higher towards 114.00. Important Takeaways for EUR/USD and USD/JPY The Euro declined recently and broke the 1.1460 and 1.1400 support levels. There is a [Read more...]
GBP/USD remained under pressure and declined below the 1.2950 support. Conversely, EUR/GBP is following a bullish path and it could continue to move higher towards 0.8920-0.8950. Important Takeaways for GBP/USD and EUR/GBP The British Pound started a major downside move from the 1.3100 swing [Read more...]
Gold price is placed nicely in a positive zone above the $1,228 support. On the other hand, oil price is under pressure below the $67.50 and $68.50 resistances. Important Takeaways for Gold and Oil Gold price failed to break the $1,240 resistance and declined recently against the US Dollar. [Read more...]