Technical Analysis of USD/CAD for April 29, 2016 General overview for 29/04/2016: Not much has been changed in this market as it is still trying to complete the triple zig-zag pattern in the big wave Z brown...
Analytics & Forecasts
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29 April 2016, 11:28 #technical analysis
Technical Analysis of US Dollar Index for April 29, 2016 Technical outlook and chart setups: The US Dollar Index dropped lower today towards 93.36 levels before pulling back higher. The index is seen to be trading at 94...
Analytics & Forecasts
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29 April 2016, 11:25 #technical analysis
Technical Analysis of Silver for April 29, 2016 Technical outlook and chart setups: Silver has finally taken out major resistance at $17.75/77 levels today. The metal printed a high at $17.80/82 levels before pulling back and should be looking to drop lower from here on...
Analytics & Forecasts
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29 April 2016, 11:21 #silver, technical analysis
Technical Analysis of Gold for April 29, 2016 Technical outlook and chart setups: Gold has pushed higher beyond $1,275.00 levels, taking out stops for now. The yellow metal has hit $1,280.00 levels today and is now trading at $1,274.00/75.00 levels. Still, $1,283...
Analytics & Forecasts
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29 April 2016, 11:18 #gold, technical analysis
Technical Analysis of USD/CHF for April 29, 2016 USD/CHF is expected to trade in a lower range as the pair is bearish within a declining channel. The pair remains under pressure within its descending channel and is likely to post further decline...
Analytics & Forecasts
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29 April 2016, 11:16 #usdchf, technical analysis
Technical Analysis of NZD/USD for April 29, 2016 NZD/USD is expected to trade in a higher range as the bias remains bullish. The pair stands firmly above its support at 0.6930 and remains on the upside. The 50-period moving average is also playing a support role and maintains a positive bias...
Analytics & Forecasts
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29 April 2016, 11:14 #nzdusd, technical analysis
Technical Analysis of GBP/JPY for April 29, 2016 GBP/JPY is expected to trade in a lower range . Following yesterday's major collapse, the pair is now under pressure below its falling 50-period moving average...
Analytics & Forecasts
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29 April 2016, 11:12 #technical analysis
Technical Analysis of EUR/JPY for April 29, 2016 Technical outlook and chart setups: The EUR/JPY pair has dropped lower, hitting 121.95 levels today. The pair seems to have made interim resistance at 126.40 levels yesterday before reversing sharply...
Analytics & Forecasts
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29 April 2016, 10:32 #technical analysis
Technical Analysis of GBP/CHF for April 29, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.1410/20 levels at this moment, looking to push higher towards 1.4290/1.4300 levels at least. The pair is expected to produce a meaningful retracement thereafter...
Analytics & Forecasts
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29 April 2016, 10:29 #gbpchf, technical analysis
Elliott Wave Analysis of EUR/NZD for April 29 - 2016 Wave Summary: The corrective decline in red wave ii became deeper than expected with a low at 1.6196, but it seems to be over. A break above minor resistance at 1.6365 and more importantly a break above resistance at 1...
Analytics & Forecasts
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29 April 2016, 09:54