Technical Analysis

The Brent Oil rallied today and tries to stay higher despite the yesterday's drop. Price maintains a bullish perspective as is trading in the buyer's territory, the major upside target remains at the ...
Technical Analysis

Price rallies again, but remains to see if will have enough directional energy to reach and retest the third warning line (WL3) of the major descending pitchfork. Has shown some exhaustion signs in th...
Technical Analysis

The USDJPY pair moved to its highest trading level since July 27th during the pre-European session market open, hitting 111.87, as large stop-loss orders were triggered above the pairs monthly pivot p...
Technical Analysis

The EURUSD pair has moved to an intraday price-high of 1.2006, after a series of positive eurozone economic data points. The German ZEW survey for the month of September, beat market expectations and ...
Technical Analysis

CADJPY Elliott Wave Sequence is bullish and incomplete to the upside due to which we have been telling clients not to sell the pair and use the dips as an opportunity to get long for higher prices. Ou...
Technical Analysis

Crude oil is pausing around the $50 level. Key support is given at 45.40 (17/08/2017 high). Strong resistance found at 50.43 (31/07/2017) has been broken. Expected to show another leg higher. ...
Technical Analysis

Silver has reversed and has broken uptrend channel by breaking support implied by its lower bound. Strong resistance is given at 18.65 (17/04/2017 high) while support can be found at 16.58 (15/08/2017...
Technical Analysis

Gold is trading lower and has exited uptrend channel. Hourly support given at 1315 (14/09/2017 low) has been broken. Hourly resistance is located at 1357 (08/09/2016). Stronger support lies at 1204 (1...
Technical Analysis

Bitcoin has taken a dive after strong interest over the summer. The digital currency has set up a new support at 2975 (22/08/2017 low). Key resistance can be located at 4921 (01/09/2017 high). The roa...
Technical Analysis

EUR/GBP is trading lower. However, as long as prices remain below the resistance at 0.9176 (declining trendline), the short-term technical structure is biased to the downside. Hourly support is given ...
Technical Analysis

USD/CHF keeps on bouncing. Strong resistance is given at 0.9808 (30/05/2017 high). The technical structure shows that the the pair is likely to head further lower below 0.9421 (03/05/2017). Expected t...
Technical Analysis

GBP/USD is consolidating lower after recent surge. The pair has broken hourly resistance at 1.3329 (13/09/2017 high) and has set up a new hourly resistance at 1.3619 (18/09/2017 high). Strong support ...