January 2017

Technical analysis of EUR/USD for Jan 02, 2017

When the European market opens, some economic data will be released such as German Final Manufacturing PMI, Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI. On the US dollar front, the U... [...]

Technical analysis of USD/JPY for Jan 02, 2017

Today, Japan and the US will not release any economic data. So there is a probability the USD/JPY pair will move with low volatility during this day.TODAY'S TECHNICAL LEVELS:Resistance 3: 117.48.Resistance 2: 117.25.Resistance 1: 117.03.Support 1: 116.... [...]

Daily analysis of USDX for January 02, 2017

The index ended the year below the negative territory, as it found support around 101.97, where a key demand area is located across the board. However, current moves should be taken as corrective ones, because the overall structure remains pointing to ... [...]

Daily analysis of GBP/USD for January 02, 2017

GBP/USD had a very volatile end of the year, keeping above the 200 SMA. The pair managed to consolidate gains inside a bulls' territory. In the short term, we can expect an attempt to break the resistance zone of 1.2384, which should open the doors to ... [...]