Technical Analysis

EURUSD (1.1885): The EURUSD fell sharply yesterday to close at a 4-day low. Price action is expected to continue the momentum, but the declines could be stalled near 1.1820. On the 4-hour chart, the h...
Technical Analysis

DXY Short Term Elliott Wave view suggests that the decline to 91.01 ended Primary wave ((3)). Primary wave ((4)) bounce remains in progress as a double three Elliott Wave structure. Up from 91.01, Int...
Technical Analysis

The Brent rallies and seems determined to reach the $57 per barrel in the upcoming days. Is strongly bullish on the short term and resumes the upside movement as predicted. Price increased even if the...
Technical Analysis

The yellow metal is trading in the red and will hit fresh new lows if the USDX will jump much higher. Gold edged lower and invalidated the breakout above the WL1 (descending dotted line) and above the...
Technical Analysis

The currency pair rallied in the last hours and reached some important resistance levels. Is trading in the green even if the Federal Reserve has decided to keep the Federal Funds Rate steady at 1.25%...
Technical Analysis

EURCHF is at new highs after recent nice triangle consolidation that completed wave 4 earlier this month. We can see nice move up now which can be wave 5 headed to 1.1700 about we already discussed in...
Technical Analysis

Spot Gold extended recovery rally from temporary footstep at $1304 for the second day, but gains were limited at $1316 and so far unable to sustain probe above initial barrier at $1312 (daily Kijun-se...
Technical Analysis

The currency pair has resumed the minor rebound and has touched a near-term dynamic resistance. Technically is expected to drop on the short term, but unfortunately, the fundamental factors will take ...
Technical Analysis

EUR/CHF dropped today and failed to reach the next major upside target from the fifth warning line (WL5). Now is pressuring the broken warning line (wl1) of the minor ascending pitchfork, a failure to...
Technical Analysis

USD/CAD decreased significantly after the false breakout above the confluence area formed by the median line (ml) with the lower median line (LML). Price failed to stay above the median line (ml) of t...
Technical Analysis

With the pair may be biased to upside in the medium term but faces a pullback risk on price hesitation. However, it will have to break and hold above its key resistance located at the 1.2091 level to ...
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. ...