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.
Gold price declined recently and tested the $1,275 support area where buyers emerged. Crude oil price broke a key resistance near $53.50 and it may continue to move higher. Important Takeaways for Gold and Oil Gold price is gaining momentum and broke the $1,280 resistance against the US Dollar. [Read more...]
EUR/USD declined heavily recently and tested the 1.1335 zone. USD/CHF remained in a solid uptrend, but it is struggling to break the 0.9985-0.9990 resistance area. Important Takeaways for EUR/USD and USD/CHF The Euro declined below the 1.1400 and 1.1360 support levels against the US Dollar. [Read more...]
GBP/USD gained a lot of momentum recently and tested the 1.3000 resistance area. USD/CAD is currently consolidating, but it may start a fresh upward move after a tiny downside correction. Important Takeaways for GBP/USD and USD/CAD The British Pound rallied recently above the 1.2800 and 1.2920 [Read more...]
AUD/USD is currently struggling to gain bullish momentum above the 0.7220 resistance. NZD/USD is also facing hurdles and it may correct lower in the near term. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar recovered recently and traded above the 0.7170 resistance against the US [Read more...]
EUR/USD topped near the 1.1575 level and later corrected lower sharply. USD/JPY is currently consolidating and it could soon make the next move above 108.75. Important Takeaways for EUR/USD and USD/JPY The Euro declined recently and broke the 1.1460 and 1.1420 support levels. There is a major [Read more...]
GBP/USD gained momentum recently and broke the 1.2750 and 1.2800 resistance levels. EUR/GBP declined heavily and broke the 0.8960 and 0.8950 supports. Important Takeaways for GBP/USD and EUR/GBP The British Pound traded with a bullish bias recently and climbed above the 1.2800 barrier. There is [Read more...]
Gold price corrected lower recently and found support near the $1,286 level. Crude oil price is following a bullish path and it may continue to rise in the short term towards $55.00. Important Takeaways for Gold and Oil Gold price found support near the $1,286 level and recently recovered above [Read more...]
EUR/USD jumped above the 1.1450 resistance and recovered losses. USD/CHF is under pressure and it remains at a risk of a downside break below 0.9800. Important Takeaways for EUR/USD and USD/CHF The Euro bounced back and broke the 1.1360 and 1.1440 resistance levels against the US Dollar. There [Read more...]
GBP/USD bounced back sharply and broke the 1.2700 resistance. USD/CAD declined heavily and it broke the 1.3450 and 1.3400 support levels to move into a bearish zone. Important Takeaways for GBP/USD and USD/CAD The British Pound recovered nicely and broke the 1.2700 pivot level. There was a [Read more...]
AUD/USD fell significantly and declined below the 0.6800 support, but later recovered nicely above 0.6940. NZD/USD also declined heavily before buyers appeared near the 0.6580 support. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar fell heavily below 0.6900 and 0.6800 before [Read more...]