Technical Analysis

XAUUSD (1282.90): Gold prices continued to trade flat within the 1285 and 1274 levels. Price action is showing a steady ascending triangle pattern that is being formed. This puts the upside breakout t...
Technical Analysis

USDJPY (112.54): The USDJPY continued to extend the declines in early trading session today. This comes amid a brief period of consolidation near the 113.00 support level. It is likely that in the nea...
Technical Analysis

EURUSD (1.1807): After retreating from the 1.1800 handle, the EURUSD posted a decline yesterday. However, price action soon reversed the losses in early Asian trading session rallying back to the 1.18...
Technical Analysis

SPX Short-Term Elliott Wave view suggests that the rally to 2597.02 ended Intermediate wave (3). Intermediate wave (4) pullback ended at 2557.45 as a double three Elliott Wave structure. Down from 259...
Technical Analysis

Gold is moving nicely higher, now in red subwave b) which seems to be running into some short-term Fib. resistance level that may limit current intraday rally against the yesterdays sell-off which was...