14 / 08 / 2015 | Technical Analysis

EUR/USD: Today’s Major Levels 1.1112 and 1.1164

European Session
The currency pair has been oscillating since the 12th of August, 2015, within a swing channel formation between the range of 1.1212 and 1.1080, as the bearish pressures get more tensed below the 1.1164 level.

In the scenario where the price breaks below the 1.1112 zone, the sellers could exert far greater pressures and force the pair to drop as low as 1.1011.

Alternatively, in the event where the pair breaks above the 1.1164 level, the price could accelerate as high as 1.1293.




Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
...
read more
13 / 08 / 2015 | Technical Analysis

EUR/USD: Today’s Major Levels 1.1087 and 1.1130

North American Session
The currency pair aggressively decelerated to the downside since the 12th of August, 2015, having dropped from as high as 1.1212 to as low as 1.1087.

It seems that the bulls have regained momentum and in the scenario where the pair breaks above the 1.1130 level, the uptrend formation could lead the price to 1.1212 and 1.1293 respectively.

Alternatively, in the event where the price breaks below the 1.1087 zone, the pair could drop as low as 1.1011.




Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
...
read more
13 / 08 / 2015 | Technical Analysis

UR/JPY: Today’s Major Levels 138.38 and 138.66

European Session
The pair has stabilized since the 11th of August, 2015 between the range of 138.38 and 138.66, today’s two major zones.

The latest stabilization though could give sellers the upper hand over the buyers and therefore take control over the price. In the scenario where the pair breaks below the 138.38 level, the price could decelerate to 137.81 and 137.44 respectively.

In contrast, in the event where the price breaks above the 138.66 zone, the pair could resume escalating even higher to 139.49.




Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
...
read more
12 / 08 / 2015 | Technical Analysis

EUR/JPY: Today’s Major Levels 138.45 and 137.97

European Session
The currency pair resumes its uptrend channel oscillation, following its recent appreciation from as low as 136.80, since the 11th of August, 2015, to as high as 138.68.

It seems that the sellers have lately exerted strong bearish pressures in their attempts to retrace the pair to the downside without any considerable success noticed so far.

Therefore, in the scenario where the bulls exert far greater pressures they could resume leading the price toward upper zones, such as the 139.50 level.

Alternatively, in the event where a bearish channel prevails, the sellers could force the pair once again as low as 136.80.




Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
 
...
read more
11 / 08 / 2015 | Technical Analysis

EUR/USD: Today’s Major Zones 1.1041 and 1.1067

European Session
The pair has been lately escalating toward upper zones, after climbing from as low as 1.0853 to as high as 1.1041, today’s major resistance level.

The bearish pressures seem to have gained a greater momentum and therefore in the scenario where the price is unable to break above the 1.1041 level, the pair could decelerate to 1.0935 and 1.0886 respectively.

In contrast though, a break above the 1.1067 zone could signal the continuation of the uptrend channel formation and the pair could escalate to 1.1201.




Please note: The content in this daily technical analysis article should not be taken as investment advice.
...
read more
10 / 08 / 2015 | Technical Analysis

EUR/JPY: Today’s Major Zones 136.31 and 136.70

European Session
The pair has been steadily escalating since the 5th of August, 2015, from as low as 135.01, a major support zone, to as high as 136.70, a major resistance level.
The price has for some time now been oscillating stably between the range of 136.31 and 136.70, today’s two major zones.
The bearish scenario seems to be more promising than a bullish one and therefore a break below the 136.31 level could force the price to 135.43 and 135.01.
Alternatively, in the event where the pair breaks above 136.70, the price could accelerate as high as 138.04.
 


Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
...
read more
07 / 08 / 2015 | Technical Analysis

GBP/USD: Today’s Major Zones 1.5465 and 1.5525

European Session
The pair has aggressively dropped since the 6th of August, 2015 from as high as 1.5634 to as low as 1.5465, the one of today’s two major zones and a strong bearish level as well.
The buyers seem to have lately regained some momentum on the pair and in the scenario where the price breaks above the 1.5525 level it could escalate as high as 1.5634 and 1.5738 respectively.
In contrast, in the event where the pair breaks below the 1.5465 zone, the price could decelerate as low as 1.5347.
 


Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
...
read more
06 / 08 / 2015 | Technical Analysis

EUR/NZD: Today’s Major Zones 1.6669 and 1.6690

European Session
The currency pair has been oscillating recently in a swing mode formation between the range of 1.6815 and 1.6596, a major resistance and support zone respectively.
The bearish pressures seem to be more tensed and therefore the sellers could likely force the price lower, after a successful break below the 1.6669, to 1.6596 and 1.6477 respectively.
Alternatively, in the event where the pair breaks above 1.6690, the price could escalate as high as 1.6815.


 
Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
 
...
read more
05 / 08 / 2015 | Technical Analysis

EUR/JPY: Today’s Major Zones 135.03 and 135.55

European Session
The currency pair is in a constant declination mode since the 31st of July, 2015, as the bears were able to exert strong downside pressures from as high as 137.32 to as low as 135.03.
The bearish pressures could likely come to an end at 135.03, provided that the buyers re-engage in retracing the pair once again to the upside via a successful break above the 135.55 level. In such a scenario the price could escalate as high as 136.23 and 137.32 respectively.
Alternatively, in the event where the pair breaks below the 135.03 level, the sellers could resume forcing the price even lower to 134.43.
 


Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
...
read more
04 / 08 / 2015 | Technical Analysis

EUR/USD: Today’s Major Levels 1.0974 and 1.0932

European Session
The currency pair has been oscillating since the 30th of July, 2015 in a deep swing mode formation as the price within a period of four trading days performed two aggressive movements, an uptrend one from 1.0893 to 1.1115, and a downside one from 1.1115 to 1.0932.
The bulls now seem to have a greater ‘’appetite’’ to boost the pair once again to the upside and in such a scenario the price could escalate as high as 1.1022 and 1.1062, provided that there is a successful break above the 1.0974 level.
Alternatively, in the event where the price breaks below 1.0932, the bears could resume forcing the pair to the downside to 1.0893.


 
Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
...
read more



Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.69% of retail investor accounts lose money when trading CFDs with AFX Capital Markets Ltd. 66.36% of retail investor accounts lose money when trading CFDs with AFX Markets Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

TRADE NOW RISK FREE DEMO