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 are recovering higher, but they are facing key resistances against the Japanese Yen. Both EUR/JPY and GBP/JPY could decline in the short term before an upward move. Important Takeaways for EUR/JPY and GBP/JPY The Euro is finding strong bids near the 131.70 support [Read more...]
EUR/USD traded higher recently and moved above the 1.1740 resistance. Similarly, USD/CHF is placed nicely in an uptrend above the 0.9630 support. Important Takeaways for EUR/USD and USD/CHF The Euro gained traction and broke the 1.1710 and 1.1740 resistances against the US Dollar. There is a [Read more...]
GBP/USD declined sharply from the 1.3300 resistance zone. AUD/USD is currently correcting lower and it could decline towards the 0.7220 support. Important Takeaways for GBP/USD and AUD/USD The British Pound failed to move above the 1.3280 and 1.3300 resistance levels. GBP/USD broke a crucial [Read more...]
Gold price is following an uptrend above the $1,200 support. Similarly, dips in crude oil price remains supported near the $69.80 and $69.50 levels. Important Takeaways for Gold and Oil Gold price is trading with a bullish bias above the $1,200 support area against the US Dollar. There is a [Read more...]
EUR/USD corrected lower and tested the 1.1660 support area. USD/JPY is moving nicely in a positive zone above the 112.00 support area. Important Takeaways for EUR/USD and USD/JPY The Euro made a nice upside move, but it faced sellers near the 1.1720 level. There is a crucial bullish trend line [Read more...]
The Euro and British Pound are following a nice uptrend against the Japanese Yen. Both EUR/JPY and GBP/JPY remain supported on dips and they could continue to move higher. Important Takeaways for EUR/JPY and GBP/JPY The Euro broke the 130.50 resistance and tested 131.00 recently against the [Read more...]
EUR/USD struggled to settle above 1.1640 and is currently trading in a bearish zone. USD/CHF remains in an uptrend and it could extend gains above 0.9750. Important Takeaways for EUR/USD and USD/CHF The Euro started a slow and steady decline from well above the 1.1640 level against the US [Read more...]
GBP/USD failed to stay above 1.3000 and declined below 1.2950. EUR/GBP is currently correcting higher, but it could face hurdles near 0.8950/0.8960. Important Takeaways for GBP/USD and EUR/GBP The British Pound remains at a risk of more losses towards the 1.2870 level. There was a break below a [Read more...]
AUD/USD failed to settle above 0.7200 and declined. Similarly, NZD/USD faced a strong resistance near 0.6600-0.6610 and weakened. Both pairs are currently in a bearish zone and they could extend losses in the short term. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar recovery was [Read more...]
EUR/USD declined recently, found support near 1.1530, and later recovered. USD/JPY broke key resistances and is currently placed nicely above the 111.20 support area. Important Takeaways for EUR/USD and USD/JPY The Euro declined heavily recently after it failed to stay above the 1.1650 support. [Read more...]