With an economic crisis looming over the horizon, investors have to be [Read more…]

In recent times, you could be forgiven for thinking that the American economy was about to embark on a long and glorious recovery. As property prices [Read more…]

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The New Zealand dollar may recover from its recent losses against the USD based on my technical analysis. [Read more…]

The EURUSD pair has broken above its resistance at 1.3175 but has weakened since. [Read more…]

Spot gold prices or the XAUUSD may further rise in the near term as the pair breaks out from its downtrend line. [Read more…]

A rectangle chart pattern can be spotted on the 1-hour chart of the USDCAD pair as for my technical analysis. [Read more…]

The Australian dollar may extend its gains against the US dollar as the AUD/USD settles at the 0.9200 marker after reaching 0.9260. [Read more…]

A symmetrical triangle chart pattern is spotted on the 1-hour chart of USDJPY. [Read more…]

The US dollar may weaken again against the euro if the EURUSD pair breaks our from what appears to be a falling wedge chart pattern that it has formed since yesterday. [Read more…]

The Japanese yen may weaken again versus the New Zealand dollar as the NZDJPY pair falls back towards its previous resistance at 79.00. [Read more…]

The USDJPY pair may extend its uptrend as it finds support at its former resistance at 100.80. [Read more…]

The EURUSD has rallied back to 1.2860 after falling to a low of 1.2810 from 1.3000. In my opinion, this rally may not last as the pair may see a resistance at the downtrend line that was drawn above. [Read more…]

The USDCHF pair spiked yesterday from 0.9500 to 0.9580 before consolidating into a small ascending triangle chart pattern. All in all, the whole move may be considered as a bullish pennant pattern. [Read more…]

The AUDUSD pair may fall once again as it may find some resistance at its former support at 0.9120.  [Read more…]