Crude fluctuated yesterday around resistance for the bullish channel shown below, where it is currently at 82.25 as momentum indicators are showing negative signs that make us expect a bearish intraday direction; initially targeting 81.10 that are moving...
EURUSDThe pair built a base on 1.3145 and rushed towards the pivotal resistance at 1.3250 – 76.4% Fibonacci-. More bullish intraday movement is expected, where we may witness some fluctuation around the mentioned level due to the...
Crude ascended once again towards the resistance for the bullish channel that currently moved to the upside towards 82.10, alongside momentum indicators’ ongoing overbought signs. Thus, chances of resuming the bearish reversal and suggested retest mentioned this...
The pair breached the resistance for the sideways wave around 135.75 which we mentioned in our Market Pulse report on July 20. The pair is now heading towards the main resistance for the downside wave at 139.15...
Crude yesterday strongly pushed to the upside due to the effect of the bullish pattern at 79.35, where it touched resistance for the bullish short term channel that is currently around 82.00. Momentum indicators are giving off...
EURUSDThe pair extended its rise within the short-term ascending channel while finding difficulties in surpassing 1.3190 levels affected by the negative sings from the momentum indicator, slight downside correction might take the pair to 1.3105 before rising...
Affected by the bullish pattern that is appearing on the below chart, oil inclined once more and succeeded in entering the previously broken bullish channel. Momentum indicators still show negative signs and thus; the suggested bearish scenario is...
EURUSDThe EUR/USD pair ascended since this morning, despite the clear overbought signs from the momentum indicators. We are waiting for the pair to touch the 1.2990 levels before completing its intraday bullish direction, where stability above those...
The metal succeeded in breaching the support line of the bullish wave as we mentioned in previous reports, influenced by the bearish pattern appearing on the provided chart. We know that, the suggested neckline was breached at...
Crude rushed to the upside to retest the support for the rising wedge previously breached, which clearly turned into resistance at 79.35; this level held against crude supported by overbought signals. Therefore, we expect a downside move...
