Technical Analysis

The EUR/USD currency pair seems to have encountered the resistance of a medium term ascending channel pattern, which broke through the previously active long term channel up. It is most likely that th...
Technical Analysis

For the third consecutive day this week the British Pound was able to outperform the US Dollar yesterday, approaching dangerously close to the 1.30 mark. The goal remains unchanged, as the Sterling is...
Technical Analysis

On Thursday morning the yellow metal's price was in a retreat, as it had failed to break the resistance put up by the weekly R3, which is located at the 1,261.72 level. However, this retreat comes aft...
Technical Analysis

Gold was very strong lately, when stocks sold-off, but interestingly AUDUSD did not follow metals much. There has been some upside move into 0.7460 channel resistance area, but nothing aggressive. So ...
Technical Analysis

Short Term Elliott Wave view in FTSE 100 suggests the rally from 4/20 low (7096.6) is unfolding as a zigzag Elliott Wave structure where Minute wave ((a)) ended at 7302.57 and Minute wave ((b)) ended ...