Technical Analysis




Technical Analysis

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NZD/USD heads towards 0.7331
Fri, 18 Aug 2017 13:44:44 GMT
 
In accordance with expectations, the currency exchange rate continued to gradually slide to the downside until it encountered the 0.7279 support level, which was additionally backed up by the 55- >>
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USD/CAD drops on fundamentals
Fri, 18 Aug 2017 13:42:50 GMT
 
In line with expectations, the currency exchange rate tried to rise towards the 1.2711 mark that represents a point from which its Wednesday downfall has started. >>
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AUD/USD rebounds near 0.7895
Fri, 18 Aug 2017 13:41:02 GMT
 
As it was expected, the currency exchange rate failed to bypass a combined support level set up by the weekly PP at 0.7895 in conjunction with the 200-, 100- and >>
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EUR/JPY passes through March 2016 high at 128.18
Fri, 18 Aug 2017 13:39:48 GMT
 
The ongoing fall of the currency exchange rate suggests that it is, indeed, moving in larger descending channel. >>
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XAU/USD moves exactly as expected
Fri, 18 Aug 2017 07:32:01 GMT
 
The yellow metal's price movements in the past trading session have become increasingly easy to forecast. Moreover, the future also seems clear.  >>
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USD/JPY approaches support below 1.09 mark
Fri, 18 Aug 2017 07:30:02 GMT
 
Due to the previous forecasts failing, a review of the USD/JPY pair has been conducted. It was revealed that the pair remains on a large scale in a descending channel.  >>
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GBP/USD bounced off long term support
Fri, 18 Aug 2017 07:27:54 GMT
 
A review of the situation on the GBP/USD pair has been done. As a result of that, various new pieces of information have been discovered. >>
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EUR/USD breaks pattern
Fri, 18 Aug 2017 07:25:43 GMT
 
The common European currency for the first time during the week did not follow in accordance with the forecast against the US Dollar on Thursday. >>
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NZD/USD surges on fundamentals
Thu, 17 Aug 2017 11:55:03 GMT
 
In line with expectations, the currency exchange rate managed to restore lost positions and reached the 0.7279 mark. >>
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USD/CAD down 1.09%
Thu, 17 Aug 2017 11:53:18 GMT
 
The USD/CAD currency exchange rate had a quite turbulent Wednesday, as the Greenback depreciated against the Loonie by 1.09% and, in the result, broke through the southern boundaries of a >>
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AUD/USD spikes to 0.7951
Thu, 17 Aug 2017 11:51:15 GMT
 
Fortunately for the Aussie, the poor US housing data that was released yesterday gave the currency pair a necessary impulse to break through the 200-hour SMA, the weekly PP at >>
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EUR/JPY fails to surge above 130.05
Thu, 17 Aug 2017 11:49:24 GMT
 
In second half of the previous trading session the currency exchange rate made an unexpected turn around near the 130.05 mark and started to fall. >>
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XAU/USD rebounds against 1,270 level
Thu, 17 Aug 2017 07:16:19 GMT
 
The yellow metal bounced off the support cluster just below the 1,270 mark, as it was expected on Thursday morning. >>
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EUR/USD reaches 1.1790 level
Thu, 17 Aug 2017 07:13:22 GMT
 
The EUR/USD currency exchange rate continues to trade in accordance with the medium term descending channel pattern, which is heading towards a large scale pattern's support line.  >>
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USD/JPY falls through SMAs
Thu, 17 Aug 2017 06:47:41 GMT
 
After reaching the 111.00 mark early on Wednesday, the US Dollar plunged for the remaining session. >>
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