Technical Analysis

The euro has risen sharply higher against the U.S dollar, reaching 1.1840, after weaker than expected economic data from the United States and a significantly more dovish than expected FOMC Minutes. T...
Technical Analysis

The WTI has been trying to break the W H4 resistance but the price lacks momentum and we can spot a consolidation exactly at W H4 camarilla pivot. If the resistance holds, we might see a retracement t...
Technical Analysis

XAUUSD (1289.93): Gold prices closed on a bullish trend yesterday marking two consecutive days of gain. Price action broke above the resistance level of 1285.00 once again before easing back. We expec...
Technical Analysis

USDJPY (111.34): The USDJPY extended the declines as price action fell below the 111.74 support level. The strong declines posted resulted in a doji candlestick on the 4-hour chart. A bullish reversal...
Technical Analysis

EURUSD (1.1836): The EURUSD posted strong gains by yesterday's close. This comes following the spinning bottom pattern formed the day before. As a result, EURUSD is now seen testing the previous resis...