Technical Analysis

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Dollar Steady - Focus on US ISM non-manufacturing Data 2019-02-05 09:34

USD/JPY remains mostly unchanged around 109.90 during Tuesday’s early trading sessions, however, overbought levels of the 14-period RSI and the resistance-line of the immediate ascending trend channel could confine the pair’s up move

Gold rising wedge restricts the surge 2019-02-04 10:44

Gold rising wedge restricts the surge. Short term support stands at 1310.00, and a fall through could take it to the next support level of 1300.00.

GBP/USD close to 1.3100 ahead of UK manufacturing PMI and US NFP 2019-02-01 09:52

GBP/USD trades modestly flat near the 1.31 handle heading towards the London opening, as the upside attempts continue to get sold-off ahead of the last amid broad-based US dollar rebound and looming Brexit

USD/JPY hits two-week lows, weakens farther below 109.00 handle 2019-01-31 11:28

USD/JPY the pair extended last week's rejection slide from the key 110.00 psychological mark and kept losing ground for the fourth session in the previous five

USD/JPY trades with modest losses below mid-109.00s, focus remains on FOMC decision 2019-01-30 11:07

USD/JPY Having posted a session high level of 109.44, the pair met with some fresh supply and is currently placed at the lower end of its daily trading range

Gold climbs beyond $1305 level, highest since mid-June 2018 2019-01-29 10:18

USD/JPY hangs near 1-week lows, below mid-109.00. Support stands at 109.00 and a fall through could take it to the next support level of 108.80.

EURUSD Consolidating Around 1.1400 level after gains in short-term 2019-01-28 11:37

The British Pound started a major uptrend from well below the 1.2800 pivot level against the US Dollar.

Pound Gains on Brexit Hopes 2019-01-25 11:03

USD/JPY is currently trading at 109.77, having clocked a low of 109.51 earlier today, with the dip below the 5-day moving average of 109.58 being short-lived despite better-than-expected inflation numbers.

Gold trade with modest losses, below 1280 2019-01-24 11:45

The British pound has surged to its highest trading level against the US dollar since November 2018, after bulls easily broke through the 1.3030 resistance barrier on Wednesday. The pair is strongly bullish while trading above the 1.3030 level