03 / 06 / 2015 | Technical Analysis

GBP/JPY – Will the Pair Retrace to the Downside?

The pair stabilized since yesterday’s trading session close to 190.73, a major resistance level where the sellers will most probably force the price toward lower zones.
Looking at today’s chart, June 3, 2015, the pair has greater chances of retracing to the downside, with the bears expected to surpass the bulls in trading volume at 190.73.
In the scenario where the price drops, sellers could lock their profits either at 189.02 and 188.57 respectively. A closer target could be 189.88. All stop losses can be placed at 191.35.



Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
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02 / 06 / 2015 | Technical Analysis

USD/JPY – Will the Pair Drop Today

The pair has been appreciating since the 15th of May, 2015 with the bulls having placed extremely upside pressures, giving no any option whatsoever to the bears of re-tracing the price slightly to the downside.
Looking at today’s chart, June 2, 2015, the pair has been making some considerable strong attempts to retrace to the downside without any success though. The major resistance level for today’s session is 125.03.
In the scenario where the price drops, sellers could lock their profits either at 123.67 and 122.86 respectively. All stop losses can be placed at 125.67



Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
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02 / 06 / 2015 | Technical Analysis

EUR/USD – Bullish Pressures Noticed at 1.0965

EUR/USD buyers exerted some considerable upside pressures on the pair since yesterday’s session, having forced the price slightly higher than 1.0965, a critical level for today’s trading session.
Looking at today’s chart, June 2, 2015, the EUR/USD has greater chances of resuming to the upside, with the buyers expected to exert more pressures on the pair.
In the scenario where the price escalates, bulls could lock their profits either at 1.1123 and 1.1196 respectively. All stop losses could be placed at 1.0750.



Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
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02 / 06 / 2015 | Technical Analysis

XAU/USD – Bullish Pressures are Expected to Resume

The precious metal attempted to retrace to the upside since yesterday’s trading session, having reached close to the 1206.41 level.
Looking at today’s chart, June 2, 2015, the metal will most probably attempt once again to break above 1192.65.
In the scenario where the price escalates, buyers could lock their profits either at 1206.41 and 1212.20 respectively. All stop losses could be placed at 1167.88.



Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
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01 / 06 / 2015 | Technical Analysis

EUR/USD – Will the Pair Escalate Today?

The pair has been declining since the 15th of May, 2015 with no intentions whatsoever of retracing to the upside. 
Looking at today’s chart, June 1, 2015, the EUR/USD has been making some considerable strong attempts to retrace upwards from 1.0816, a major support level.
In the scenario where the price appreciates, buyers could lock their profits either at 1.1143 and 1.1216 respectively. All stop losses can be placed at 1.0750.



Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
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01 / 06 / 2015 | Technical Analysis

USD/JPY – Will the Pair Aggressively Decline Today?

The pair has been appreciating since the 15th of May, 2015 with no intentions whatsoever of retracing to the downside. 
Looking at today’s chart, June 1, 2015, the pair has been making some considerable strong attempts to retrace downwards from 124.41, a major resistance level.
In the scenario where the price drops, sellers could lock their profits either at 121.84 and 121.26 respectively. All stop losses can be placed at 125.05.



Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
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01 / 06 / 2015 | Technical Analysis

XAU/USD – Will the Metal Retrace to the Upside?

The precious metal has been declining since the 18th of May, 2015 with no intentions whatsoever of retracing to the upside. 
Looking at today’s chart, June 1, 2015, the metal has been making some considerable strong attempts to retrace upwards from 1179.77, a major support level.
In the scenario where the price appreciates, buyers could lock their profits either at 1205.93 and 1212.70 respectively. All stop losses can be placed at 1167.88.


Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.
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