Crude attempted to breach the rising wedge shown in our morning report, but has pushed to the upside once again to trade above this support that currently ascended to 76.45, due to the effect of the positive...
EURUSDThe pair built a base on 1.2880 to rush and touch the awaited key target at 1.2985. The negativity of momentum indicators is addin g strength to this level and therefore we should witness some fluctuation and...
After the end of the medium term bullishness at the recorded top at 193.47, the shares started the downside correction which extended beyond the 23.6% Fibonacci correction, but the 38.2% stopped the downside move temporarily.
Crude succeeded in achieving yesterday’s scenario flawlessly by touching the awaited target around 75.65 and returned to trade above support for the previously mentioned rising wedge. The stochastic is close to showing negative signs that make us...
EURUSDThe pair pushed to the upside achieving yesterday’s suggested scenario that has halted around 1.2950 due to the negativity of momentum indicators. We expect the pair to attempt some minor bearish correction before resuming the expected bullish intraday...
EURUSD The pair breached resistance for the bullish channel that has currently turned into support at 1.2775, shown in the image above. Momentum indicators are still moving in overbought areas, but the stochastic is showing positive crossover...
Crude is fluctuating around the mentioned morning resistance level that is currently moving to the upside towards 77.40, while the four hour candlestick closing is below it. Morning expectations will remain intact although we might witness some fluctuation...
The index is trading steadily within the descending channel which is controlling the downside correction since the recorded temporary top over medium term basis at 23107.
EURUSDThe pair continued its upside trend yesterday touching resistance for the bullish channel once again that meets with 50% Fibonacci correction. Momentum indicators are still showing negative signs that maintain chances of a minor bearish correction intact,...
Crude continues to fluctuate around resistance for the rising wedge shown in our report yesterday while managing to stabilize below it. The stochastic is heading to the downside as the RSI is showing clear overbought signs; thus,...
