Technical Analysis

Brent oil looks like it has managed to form a base - at least for the time being. The reversal started on Tuesday, when oil prices fell for a time below Monday's range, before closing the day above Mo...
Technical Analysis

On the AUDUSD count we see price currently undergoing an intraday rally, which we see it as unfolding sub-wave b as part of a three wave correction in wave 4. Well, if that is the case, then more weak...
Technical Analysis

Yesterday's close in red signaled that recovery from $47.08 low might be running out of steam ahead of psychological / daily cloud base barrier at $50.00. However, oil managed to close above 200SMA th...
Technical Analysis

FTSE opened lower on Friday, pressured by fresh strength of pound, after BoE's policy voting on Thursday hinted possible earlier rate hike. The index dipped to 7329 (near 61.8% of 7254/7444 09/16 Mar ...
Technical Analysis

During the early hours of Friday's trading session the common European currency's surge against the US Dollar was stopped by the resistance put up by the upper Bollinger band, which was located at the...