Forex Technical Analysis

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The US dollar index canceled the bearish flag formation and bounced towards the breakdown area of 100.60-100.70 for a back test. There we also find the first important short-term resistance [...]
Wed, Dec 07, 2016
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GBP/JPY is under pressure. The technical picture of GBP/JPY is negative. The pair is trading below its 50-period moving average, which plays a resistance role. Additionally, the 20-period moving average [...]
Wed, Dec 07, 2016
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The gold price remains near its lows while still trading inside the bearish channel. There is no reversal confirmation yet. The trend remains bearish. A long-term view remains optimistic supposing [...]
Wed, Dec 07, 2016
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