Forex Technical Analysis

September 2017

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    EUR/USD Technical Analysis: Head and Shoulders Top in Place?

EUR/USD Technical Analysis: Head and Shoulders Top in Place?

By |September 26th, 2017|

The Euro is back on the defensive against the US Dollar as expected, with prices seemingly poised to probe below the 1.18 figure after a break of range support.

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    ASX 200 Technical Analysis: Super Range Shows Signs of Stress

ASX 200 Technical Analysis: Super Range Shows Signs of Stress

By |September 26th, 2017|

Australia's benchmark ASX 200 stock index has been trapped in a very narrow band for much of this year. It is still with us, but time at the top is getting rarer.

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    Crude Oil Price Extends Higher After Breaking Above Resistance

Crude Oil Price Extends Higher After Breaking Above Resistance

By |September 26th, 2017|

Increasing global demand and production curbs continue to provide support for Crude Oil as Brent trades to the highest level since July 2015.

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COT: British Pound Short Position Shrinks at Furious Pace

By |September 26th, 2017|

The biggest development in futures positioning was the record shift seen in the British Pound.

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    DAX Losing Steam, but Still Constructive; CAC In Need of a Pullback

DAX Losing Steam, but Still Constructive; CAC In Need of a Pullback

By |September 26th, 2017|

The German benchmark is losing steam but still looks constructive while the French index is in need of a rest after extended rally.

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AUD/USD Technical Analysis: Down Move Gaining Traction

By |September 25th, 2017|

The Australian Dollar has fallen to the lowest level in a month against its US counterpart, with a breach of trend line support hinting at further losses ahead.

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    EURUSD Weekly Technical Analysis: Resolution of Range on Its Way

EURUSD Weekly Technical Analysis: Resolution of Range on Its Way

By |September 23rd, 2017|

The euro has further cemented key levels, lines as support and resistance; pressure mounting towards a resolution, possibly this coming week.

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Silver Breaks Support, Gold Testing Prior Double-top

By |September 23rd, 2017|

Precious metals continue to hold a weak posture; silver below important support, gold could soon find itself in more trouble as an important area is under fire.

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    Japanese Yen Technical Analysis: Year’s Lows Creep Back Into Focus

Japanese Yen Technical Analysis: Year’s Lows Creep Back Into Focus

By |September 22nd, 2017|

The Japanese Yen has been hammered against the US Dollar and much else. While a pause may be in order, more permanent respite seems unlikely

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GBP/USD Approaches Important Long Term Price Zone

By |September 22nd, 2017|

Cable appears to be approaching a multi-month top. The Elliott Wave analysis suggests that multiple degrees of trend may come to an end soon reversing GBP/USD lower.

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