Technical Analysis

Price has decreased sharply and is almost to erase the yesterday's gains. It has failed to resume the upside movement and now is located under the 150% Fibonacci line (ascending dotted line). I've dra...
Technical Analysis

The currency pair has extended the upside momentum and seems determined to climb much higher on the short term. The next upside target will be at the second warning line (wl1) of the minor ascending p...
Technical Analysis

The British pound continues to push higher against the U.S dollar, ahead of a key speech by British Prime Minister Theresa May on the terms of Brexit deal with European Union in Florence, Italy. ...
Technical Analysis

The euro continues to push higher against the U.S dollar in Friday trading, with the EURUSD pair further supported by solid European economic data. The highlight of the eurozone's PMI'S came from the ...
Technical Analysis

Crude oil is edging higher above 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 consolidating below 1300. Hourly support is now given at 1288 (21/08/2017 low). Hourly resistance is located at 1357 (08/09/2016). Stronger support lies at 1204 (10/07/2017 high). Expected to ...
Technical Analysis

EUR/CHF's buying pressures are going up and the pair has broken resistance area between 1.1356 and 1.1472. The pair has also broken resistance at 1.1538 (04/08/2017 high). Expected to show continued b...
Technical Analysis

EUR/GBP is weakening. The pair is having strong selling pressures.. However, as long as prices remain below the resistance at 0.9176 (declining trendline), the short-term technical structure is biased...
Technical Analysis

USD/CAD is edging higher. Hourly support is located at 1.2062 (08/09/2017 low). Resistance is now given at a distance at 1.2239 (intraday high). Expected to show continued short-term bullish pressures...
Technical Analysis

USD/CHF keeps on bouncing higher. 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). Exp...
Technical Analysis

USD/JPY is pushing higher above 112.00. Strong support is located at 111.12 (20/09/2017 low). Expected to show further bullish pressures. Yet, downside risks are now rising as markets may soon take so...
Technical Analysis

GBP/USD is pushing higher after recent surge. Hourly resistance is given at 1.3657 (20/09/2017 high). Strong support is given at 1.2774 (24/08/2017 low). Expected to show continued bullish consolidati...