Currencies Archive

Intraday Technical Strategy AUD/USD Intraday: the downside prevails. Pivot 0.7120 Our preference Short positions below 0.712 with targets @ 0.7 & 0.695 in extension. Alternative scenario Above 0.712 look for further upside with 0.716 & 0.7205 as targets. Comment The RSI is mixed with a… Read more

Medium Term Strategy: Forex Pair of the day USD/RUB – further advance The pair remains on the upside as it remains supported by the moving averages. The rising daily RSI, supported by a rising trend line, adds pressure to the upside. Then, as long as 52.30… Read more

Medium Term Strategy: Forex Pair of the day NZD/USD – under pressure The pair remains in a long-term down trend. The declining 20-day moving average is actively capping the pair and is offering strong resistance. The daily RSI stands below its neutrality area. As a consequence,… Read more

Medium Term Strategy: Forex Pair of the day USD/RUB – further advance The pair remains on the upside as it remains supported by the moving averages. The rising daily RSI, supported by a rising trend line, adds pressure to the upside. Then, as long as… Read more

Medium Term Strategy: Forex Pair of the day NZD/USD – further weakness The pair remains in a long-term down trend. The declining 20-day moving average is actively capping the pair and is offering strong resistance. The daily RSI stands below its neutrality area. As a… Read more

Medium Term Strategy: Forex Pair of the day NZD/USD – further weakness The pair remains in a long-term down trend. The declining 20-day moving average is actively capping the pair and is offering strong resistance. The daily RSI just escaped the oversold area and stands below… Read more

  Medium Term Strategy: Forex Pair of the day USD/RUB – the upside prevails The 20-day moving average crossed upward both the 50-day and 200-day moving averages. In addition, the daily RSI is supported by a rising trend line. Therefore, as long as 52.30 holds… Read more

  Medium Term Strategy: Forex Pair of the day USD/ZAR – rebound The pair has rebounded above the strong support at 12.08 (pullback area of the Descending Triangle and 61.8% retracement of the May to June up move). In addition, the daily RSI is supported… Read more