Jan 29 2014 @ 22:16
The NZD/USD had a bearish reaction to the publication of the RBNZ interest rate, which remains at 2.50% Now, the kiwi is forming a higher low pattern below the pivot point at 0.8229 level and close to the support level of 0.8160. If the pair manages to break that level, the next target would be […]
Jan 29 2014 @ 17:20
Yesterday, the AUD/USD had a fairly bearish session as the pair found resistance at the level of 0.8800, where the 200 day moving average is located. The aussie is forming a bearish pattern below the pivot point at the level of 0.8762. Now, it is likely that the fall of this pair extends to the […]
Jan 28 2014 @ 21:43
Like other JPY pairs, the USD/JPY started the Asian session on bullish road, facing resistance at the 103.28 level. For the American session today, it is expected that all the USD pairs will have volatile movements, as the Fed chairman, Ben Bernanke, will have its last meeting as the leader of the Federal Reserve of […]
Jan 28 2014 @ 17:20
EUR/JPY is currently trying to make a breakout on the resistance level of 141.08, to achieve it’s next goal at the level of 141.43. This pair has had a bullish momentum at the start of the Asian session, as the EUR/JPY is trying to consolidate above the 200 SMA. However, if this pair makes a […]
Jan 27 2014 @ 20:17
The AUD/USD has started the Asian session with a strong bullish momentum after the publication of the NAB business confidence index, which has scored a total of 6. Now, the aussie is consolidating above the pivot point at the level of 0.8725 and now this pair aims bullish resistance at the 0.8773 level. If the […]
Jan 27 2014 @ 17:16
At the start of the Asian session, the kiwi found strong support at the level of 0.8218, which is close to the pivot point at the level of 0.8230. This pair is within a range of a lot of indecision, as the intraday trend is not clearly defined. The nearest resistance is at the level […]
Jan 26 2014 @ 22:38
EUR/JPY has recovered slightly from the fall it had last Friday’s session. Now this pair is approaching the pivot point at the level of 140.48 in the today’s Asia session. If the pair manages to make a breakout at that level, the following objectives would be set at levels of 141.22 and 142.49, the latter […]
Jan 26 2014 @ 17:49
AUD/USD continues to fall below the 200 day moving average, but with a strong support level of 0.8662 This pair has formed a fractal above the pivot point at the 0.8705 level, which would make this a very strong level. If the aussie manages to break that resistance level, the next bullish target would be […]
Jan 23 2014 @ 18:57
At the start of the today’s Asian session, the USD/JPY reacts positively after recovering from the fall had to support the level of 103.00. This pair is about to touch the pivot point at the level of 103.68, but now it is facing resistance at 103.52 level. However, it would be expected to drop to […]
Jan 23 2014 @ 17:33
NZD/USD managed to climb in the last hours of the U.S. session yesterday, as this pair was about to touch the support level of 0.8261. Now, the kiwi is finding resistance at the pivot point at the psychological level of 0.8300. If this pair makes a breakout at that level, the next bullish targets will […]
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