Crude has found strong support around 81.55 and thereby this support will form the neckline for the bearish technical pattern shown in the image below, alongside clear overbought signs appearing on momentum indicators. We expect a bearish intraday trend that will...
EURUSDThe pair is moving according to our morning suggested scenario nearing the initial key target at 1.3250; therefore, we maintain our morning expectations intact as long as stability is above 1.3110.
Crude attempted to breach the minor support at 81.90, but quickly returned to build a base above it. Meanwhile, Stochastic is heading to the downside accompanied by the RSI moving near overbought areas. Thus, we expect a bearish...
After 38.2% Fibonacci correction for the entire upside wave –from 125.35 till 365.50- held against the downside correction after breaching the support medium term bullishness, the metal head to the upside breaching the resistance around the 23.6%...
Crude continued fluctuating around resistance for the bullish channel without being able to stabilize above it – currently at 82.65 -; thus, maintaining yesterday’s suggested scenario due to support from negative signs appearing through momentum indicators. From...
EURUSDAfter the 76.4% Fibonacci level showed a strong stance in front of the pair’s upside movement, the pair descended to near support for the bullish channel that organizes the correction trend that has started near the bottom at...
Crude touched the awaited resistance at 82.25 and reversed to the downside reaching midway towards the first suggested target at 81.10. Crude is currently testing 82.00, while momentum indicators are still showing negative signs that support resuming the...
EURUSDThe pair since this morning has been trading on a negative slant, although 1.3185 stands as a barrier stopping the pair from moving to the downside; keeping in mind that Stochastic is gradually unloading the negative momentum....
After the metal exited the main upside wave in correction for the wave that started from 745.00 towards 1752.50, the correction stopped around 23.6% correction for the upside wave, where the metal start to reflect an upside...
EURUSDThe pair is finding difficulty building a base above 1.3250 due to the negative effect of momentum indicators appearing on the four-hour chart, currently close to touching minor support around 1.3185. We expect the pair to build...
