Daily analysis of USDX for August 24, 2017

The index remains trapped in a range since several days ago and the 200 SMA in the H1 chart is providing a pivot point. The bulls are trying to gather momentum for a key breakout around 93.72 in order to extend gains towards 94.11. To the downside, if ... [...]

Daily analysis of GBP/USD for August 24, 2017

The pair continues to ride a bearish bias below the 200 SMA (H1 chart) and the focus is now placed around 1.2761, as the next key support. If Cable manages to break below that zone, declines are expected to take place towards 1.2647 in a first degree. ... [...]

Analysis of GBP/USD for August 23, 2017

Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.2792. According to the 30M time frame, I found that resistance at 1.2810 is on the test and my advice is to watch for potential selling opportunities. The Stochastic... [...]

Analysis of EUR/JPY for August 23, 2017

Recently, the EUR/JPY pair has been trading sideways at the price of 128.70. Anyway, according to the 30M time frame, I found a broken upward trendline and contraction between the swings, which is a sign that buying looks risky. The Moving average osci... [...]

Technical analysis of NZD/USD for August 23, 2017

Overview: The NZD/USD pair has dropped sharply from the level of 0.7282 towards 0.7207. Now, the price is set at 0.7218. It should be noted that volatility is very high for that the NZD/USD pair is still moving between 0.7238 and 0.7180 in coming hour... [...]