Recent content by Ankor

Forex News from New Forex: Technical analysis of EUR/USD After an intense rise and fall on Friday today the currency pair is traded steadily within the support at 1.0940 and resistance at 1.1055. In a 4-hour timeframe it is seen that the market has a slight bullish tone, however, a general...

Forex News from New Forex: Technical analysis of USD/CAD After a pullback during the US trading session the loonie gained support with the release of oil stockpiles data, although it later streamed back to earlier levels. On Thursday the pair trades with a mild bearish tone within the support...

Forex News from New Forex: Technical analysis of XAU/USD After a short but intensive rally the price of gold consolidated in the narrow range between $1077 — $1110 per troy oz. If the price leaves this range and slides, short positions till 1044 will become profitable. If this level is breached...

Forex News from New Forex: Technical analysis of GBP/USD On Wednesday during the Asian trading session the pound streamed back against the greenback after yesterday’s rally. The immediate support is at 1.5557 and resistance is at 1.5643. Trades have a mild bullish tone, however, according to...

Forex News from New Forex: Technical analysis of AUD/USD A descending trend of the Australian dollar versus the US currency has slightly weakened, during the last trading session the Aussie got stronger bouncing off the support at 0.7267, now it tests the resistance at 0.7343. Similar...

Forex News from New Forex: Technical analysis of USD/CHF Efforts of the Swiss central bank to support the national producer slowly and permanently weaken the Swiss franc against the US dollar. On Tuesday trades have a mild bullish tone with support at 0.9566 and resistance at 0.9685. In the...

Forex News from New Forex: Technical analysis of EUR/USD After yesterday’s rally in the European trading session the currency pair has streamed back a bit and on Tuesday the level of support is seen at 1.1029, the level of resistance is at 1.1190. According to the moving average, the main trend...

Forex News from New Forex: Technical analysis of EUR/USD Trades have a slightly bullish tone today with the immediate support at 1.0953 and resistance at 1.1050. In the short run according to a 3-day moving average we can observe a further pullback to 1.0991 and then to 1.1087. If these levels...

Forex News from New Forex: A review of Asian markets In the trading on Friday, July 24, Japanese shares are in the negative zone falling to a week low due to the weak manufacturing data from China. The Nikkei closed trades 0.7% lower at 20,544.53, a low of closing since July 15. The broader...

Forex News from New Forex: Oil prices dubiously rise On Thursday the WTI oil futures have gained but the oil price is still below $50 due to the concerns over oil oversupply in the global market. On the New York Mercantile Exchange oil with the delivery in September picked up 27 cents or 0.54%...

Forex News from New Forex: Asian markets trade in the positive zone Upbeat data of the domestic sector earnings pushed the Japanese shares higher. Confident key figures of retail and tourism sectors contributed to the ascending dynamics of the Japanese stock market. The Nikkei closed trades at...

Forex News from New Forex: Technical analysis of AUD/USD In the trading in Asia the Aussie continued to lose ground against the US dollar. Bouncing off the market has returned to the descending trend and the currency pair is now within the level of support at 0.7328 and resistance at 0.7408...

Forex News from New Forex: Technical analysis of GBP/USD After yesterday's pullback the pair returns to the ascending trend with the immediate level of support at 1.5580 and resistance at 1.5680. Trades have a mild bullish tone today. In the short run it aims for 1.5674, then 1.5788 (a high of...

Forex News from New Forex: Technical analysis of NZD/USD At the end of the Asian trading session the currency pair is traded within the immediate support at 0.6592 and resistance at 0.6690. During the last three trading days there has been a correction of a downward trend with a pullback from...

Forex News from New Forex: Technical analysis of EUR/USD Yesterday the single currency didn’t live up to expectations of bears considering that the market will overcome a strong level of support at 1.0808. However, at the end of the trading session the euro pared earlier losses against the...