USD / CAD growth was stopped by resistance levels 1.2740 (Fibonacci level 38.2% of the downward correction in the wave of USD / CAD growth from 0.9700 to 1.4600), 1.2800. In case of breakdown of the support levels 1.2510, 1...
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A break of the key support level of 0.7335 could finally push the pair into a bear market (see also "Fundamental Analysis and Recommendations" ) In an alternative scenario , the first signal for a reversal and resumption of the uptrend will be a breakdown of the resistance level 0.7381...
At the start of today's European session, S&P 500 futures are trading just below the all-time high of 4415.0, but with potential for further gains (see also " Fundamental Analysis and Recommendations" ) In an alternative scenario , a downward correction of the S&P 500 will begin...
At the moment (from a technical point of view) there is still a possibility that USD / CAD will return to a bear market. This will be evidenced by the breakdown of the key long-term support level 1...
The main scenario implies a breakdown of the local support level of 1.1752 (yesterday's and more than 3-month lows) and a further decline in EUR / USD towards the key support level of 1...
The corrective decline from 156.06 has evolved into a more complex double zig-zag correction, that likely completed with the dip to 148.47 and we are now looking for a break above minor resistance at 151...
The XAU / USD pair needs new drivers. A breakdown of the local support level of 1796.00 can provoke a decline towards the lower boundary of the ascending channel on the weekly chart and 1761.00 mark with the prospect of a deeper decline to the support level of 1685.00 (61...
EUR / USD remains under the pressure of the strengthening dollar, and a breakdown of the local support level of 1.1710 may trigger its deeper decline. A break of the long-term key support level 1...
"Bears" on EUR/USD have been knocking on the door of the 1.18 mark for quite some time now. The impressive spike in consumer prices in the US to 5...
While the British Parliament declares that the quantitative easing program poses a danger, and two members of the Monetary Policy Committee of the Bank of England argue that it is time to discuss the QE rollback, the GBP/USD quotes are falling to a 3-month low...
First, a review of last week’s events: - EUR/USD . Macroeconomic data continued to arrive last week, indicating a recovery in the US economy and labor market. Inflation figures released on Tuesday July 13 were well above forecasts. Τhe consumer price index increased by 0.9% ιn June, and by 5...
AUD / USD is trading in the area of the local support level of 0.7420, maintaining the tendency to further decline. A breakout of the support level of 0...
A breakdown of the important short-term resistance level and the upper border of the range (between the levels of 1.3800 and 1.3914) will be a signal for renewed buys. And an increase in the zone above the resistance levels of 1.3970 (Fibonacci level 38...
A rise into the zone above the 1.2600 resistance level will increase the odds, and a breakout of the key long-term resistance level 1.2960 will finally return USD / CAD to a multi-year bull market...
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NZD / USD is declining, and, having broken through the important long-term support level 0.7020, it is trying to develop the downward dynamics, moving in the descending channel on the weekly chart towards the support levels 0.6865 (Fibonacci level 23...
