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Forex Analytics News

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EUR/GBP Technical Analysis & Daily Chart

Today we would focus on Europe as we take a look at the EUR/GBP currency pair. There have been three rising and falling waves in May for this pair, with each consecutive bottom lower than the previous one - this is the point where we find ourselves today, with the pair trading near...

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EUR/USD Technical Analysis

Looking at our pair, we can currently observe the formation of a third wave and expect it to be the strongest. The US dollar continues to strengthen against the basket of major currencies and the dollar index at the moment is at 94.61, which is the highest since...

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Oil (CL/WTI): Review & Forecast

The rates continue in the frames of upward trend, successfully exceeding the level of $70. The steady increase in oil prices was caused by the growing demand for the “black gold” and geopolitical factors, such as the resumption of sanctions against Iran. There was a probability of...

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USD/CAD Technical Analysis

Our pair has found its niche on the chart and is now trading between two relatively strong levels. On the chart we have an established channel between the levels of 1.2750 and 1.2895. Furthermore, we can draw a more extended version within 1.2725 and...

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USD/JPY Technical Overview & Daily Chart

Today we would take a look at the USD/JPY currency pair. After steadily rising for the past two months, this week the yen took charge and the rate turned to a decline once again.

The US dollar remains consistently strong. The American currency is supported by positive economic...

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