Latest update April 26th, 2018 11:30 AM

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Category Archive: Market Analysis, Technical Analysis

Wednesday 7th February: Technical outlook and review

Wednesday 7th February: Technical outlook and review

Feb 07, 2018 Market Analysis, Technical Analysis Comments Off

EUR/USD:    Going into the early hours of London on Tuesday, the single currency sold off and eventually clocked a low of 1.2314 and from there rose 90 pips to a high of 1.2404. As you can...
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Tuesday 6th February: Technical outlook and review

Tuesday 6th February: Technical outlook and review

Feb 06, 2018 Market Analysis, Technical Analysis Comments Off

EUR/USD:    Dollar bulls went on the offensive in recent sessions (key monthly support at 88.50 seen plotted on the US dollar index was recently brought into the fray), forcing the EUR/USD to...
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Monday 5th February: Weekly technical outlook and review

Monday 5th February: Weekly technical outlook and review

Feb 03, 2018 Market Analysis, Technical Analysis Comments Off

EUR/USD:    Weekly gain/loss: +0.28% Weekly closing price: 1.2455 Over the course of last week’s movement, the single currency managed to record its seventh consecutive weekly gain!...
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Friday 2nd February: NFP day today – remain vigilant, traders!

Friday 2nd February: NFP day today – remain vigilant, traders!

Feb 02, 2018 Market Analysis, Technical Analysis Comments Off

EUR/USD:    The euro made considerable ground against its US counterpart on Thursday, after finding active bids around the 1.24 handle (H4 timeframe). Largely ignoring better-than-expected US...
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Thursday 1st February: Technical outlook and review.

Thursday 1st February: Technical outlook and review.

Feb 01, 2018 Market Analysis, Technical Analysis Comments Off

EUR/USD:    The US Federal Reserve kept interest rates unchanged on Wednesday, as expected. The Fed, which hiked interest rates three times last year, mentioned the economy warranted...
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