Technical Analysis

Technical Analysis 14th August

Daily Forex Market Preview, 14/08/2018 The U.S. dollar index was seen trading flat on Monday with the technical pattern confirming a doji close. A bearish follow through from here on could signal a near-term correction. Economic data for the day was sparse. Still, the Turkish lira continued to plunge dragging down the euro currency rather briefly. Economic data today will start with ...

Read More »

Oil technical-analysis

Oil technical-analysis

Crude Oil still holding trading zone as we advised early last week Market now facing resistance at 62.10 while Intraday support at 59.60 Another trading zone between those levels may took place , while as long as market holding trades above 59.60 the rebound correction may expand toward 63.60 zone Below 59.60 market may back ag ain to re-test 58.05 ...

Read More »

USDJPY 2018-02-19

USDJPY 2018-02-19

As we advised last week USDJPY managed to hold trades below 107.90 where market managed to fell toward target 105.80 level Itraday showing resistance at 107.20 where as long as market holding below more drop toward second target 104.50 may be available at market Above 107.20 more advance to re-test 108.20 will be expected

Read More »

GBPUSD 16-02-2018 Intra-day analysis.

GBPUSD

Daily Forex Market Preview, 19/02/2018 The U.S. dollar posted a rebound on Friday after briefly slipping sending most of the other major currencies to post fresh highs. However, the declines were short lived as the dollar managed to reverse the levels. The FOMC meeting minutes will be released on Wednesday and the markets are anticipating that the Fed could hike ...

Read More »

EURUSD 16-02-2018 Intra-day analysis.

Daily Forex Market Preview, 19/02/2018 The U.S. dollar posted a rebound on Friday after briefly slipping sending most of the other major currencies to post fresh highs. However, the declines were short lived as the dollar managed to reverse the levels. The FOMC meeting minutes will be released on Wednesday and the markets are anticipating that the Fed could hike ...

Read More »

NZDUSD 16-02-2018 Intra-day analysis

NZDUSD 16-02-2018 Intra-day analysis.

Daily Forex Market Preview, 16/02/2018 The USD was seen trading weaker across the board on Thursday. The biggest gains came from the Japanese yen which surged 0.82% on the day. Economic data from the U.S. was mixed. Producer price index data from the U.S. showed a 0.4% increase matching estimates and rising to an annual pace of 2.7%. Industrial production ...

Read More »

Gold 2018-02-19

Gold 2018-02-19

As we advised last week and as we see over our previous chart Gold managed to sustain advance after broke above 1340 where managed to met target 1350-55 zone As we see over the chart, Gold facing support zone at 1335-37 which may give another push toward 1370-75 zone Below 1337 more drop toward 1317 will be expected Above 1375 ...

Read More »

Dow Jones 2018-02-19

Dow Jones 2018-02-19

Dow managed to broke above 25200-300 resistance zone which may be the first sign of farther advance yet to come Market now facing support zone at 25000-100 where as long as market holding above more advance to test 25500-30 zone is expected Above 25530 more advance toward 25750 is expected While below 25000 market may heda for some drop correction ...

Read More »