EURUSDThe pair breached 1.2985 yet with no confirmations, where the four-hour closing was below this level as the pair started a sharp descend that neared pivotal support levels between 1.2890 – 1.2860. The breach of the mentioned...
Crude has found resistance around 77.35 as it builds a base on it to start the expected bearish wave for today. We can expect a bearish intraday direction due to support from the retest level for the previously...
The pair is trading sideways among the support at 131.10 and the resistance at 135.75 since the beginning of June; where the resistance for the trading range is resembled by the 61.8% Fibonacci correction previously breached.
Crude has witnessed support forming at the MA 50 pushing it to retest the previously breached rising wedge that has presently turned into resistance at 77.60. We expect to reach this level, followed by a bearish reversal...
EURUSDThe pair continues fluctuating near the pivotal resistance at 1.2985 –61.8% Fibonacci– where trading is taking a form near the symmetrical triangle; therefore, we expect a bullish intraday trend that will start after a clear breach of the...
Crude found strong support at 38.2% Fibonacci correction (75.75) that pushes crude to the upside, where we expect it to retest previously breached support levels that have currently turned into resistance between 76.50 – 77.00. The stochastic...
EURUSDThe pair is facing a hard time in surpassing the pivotal resistance around 1.3000, thus pushing the pair to the downside where we see that it will return to retest the previously breached resistance that has currently...
After rebounding to the upside from 38.2% Fibonacci correction for the entire upside move which started from 0.6007 to 0.9405, the pair found difficulty in surpassing the strong resistance at 0.8870 which is the 61.8% correction for...
EURUSDThe pair halted its upside rush at 61.8% Fibonacci correction and seems to have indulged in a minor bearish correction, affected by the negativity on momentum indicators over daily basis. We can expect a retest for the...
Crude was able to achieve the falling wedge pattern scenario suggested in our previous report, although it is finding a hard time in surpassing support represented by the MA 100. The stochastic is showing positive signs that...
