We use cookies to give you the best possible experience on our website. By continuing to browse this site, you give consent for cookies to be used. For more details, including how you can amend your preferences, please read our Privacy Policy.
More Info Accept
81% of retail accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. expand_more

Technical Analysis

Technical Analysis: AUD/USD 2012.05.24


  The pair almost reached the 0.9660 support. Breaking below this level would open the door for testing the key 0.9385 support. Any recovery is expected to be capped ahead of 0.9900-1.0000. Only a clear break above parity would negate our outlook and confirm g

...

View All


Technical Analysis: USD/JPY 2012.05.24


  There are no changes in a short-term structure. The pair is still trading below the 100-Day SMA, so we look for a further decline towards the 200-Day SMA by 78.50, with a daily close below to confirm the downtrend ahead of the 75.55-76.00 support area in a m

...

View All


Technical Analysis: GBP/USD 2012.05.24


  The pair almost reached the 1.5600 support. Breaking below this level would confirm declines ahead of the 1.5230 low. The nearest resistance is eyed by the 1.5810-1.5830 area, right where the 200-Day SMA and the 100-Day SMA reside. Only a clear break above t

...

View All


Technical Analysis: EUR/USD 2012.05.24


  The pair broke below the 1.2625 low, thus confirming the medium-term declines ahead of 1.2000. Any recovery is expected to be capped ahead of 1.2600-1.2800. Only a clear break above 1.2800 would negate our outlook and confirm gains towards the 100-Day SMA by

...

View All


EUR touches lowest level against USD after Ju 2012.05.24


We had mentioned in our report yesterday that EUR was unlikely to hold January lows (1.2620 – 1.2630 support zone) against USD and the pair is likely to depreciate further. Also it was mentioned in our report on 10th May that a Head and Shoulde

...

View All