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Forex Technical analysis week: 9-13 October 2017 10-12-2017 GBPUSD regains bullish momentum breaking above the 50 hour moving average and also breaking above the 50 daily moving average after rumors that EU may offer UK […]
USDJPY Technical analysis July-19-2017 USDJPY is under selling pressure today and sellers now are in full control as the pair broke below the 50d MA and 100d MA and now it is targeting the 111.21 […]
GBPUSD is making a second break at the daily high. The first move failed after the price move toward the next target at the 1.2543 level, fell short. As a result, the price rotated back […]
Gold Market Report 1-25-2017 Gold broke below the medium term ascending channel pattern at 1210 and below the 100h MA. It hit the daily high at 1209 and after hitting the daily low at 1193 […]
Technical Analysis USDJPY and EURUSD USDJPY is under pressure today breaking and the 113 level. The pair will rebound from current level as it has reached oversold level and the shorts will run for some […]
Technical Analysis Gold After rising to a three-week high on Tuesday, Gold has been drifting lower and is now trading in negative territory for third consecutive day. Gold broke the 100h EMA and this will […]
EURUSD Technical Analysis 9-7 The pair shows sideways trading today after breaking yesterday the 1.12 level due to worst than expected ISM number from USA, EURUSD affected by stochastic negativity that might push the price […]
DAX Technical Analysis The index is testing the resistance at points 10750. Faillure to break above would give a negative reaction. The index is assessed as technically negative for the medium long term. The index […]
DAX started the week in positive tone helped by the strong finish in US markets on Friday. The index has broken down through the support at 10000. This predicts a further decline. In case of […]
EUR/USD after Draghi The day after an ECB event is important. It gives traders an important clue about how strong any moves were and whether sentiment remains strong enough to keep those moves intact. Traders […]
