EURUSDThe pair is trading within a narrow sideway range since this morning while negative momentum is still appearing on the four-hour chart below. There is no mentionable change and therefore morning expectations will remain intact if we do...
Crude touched the awaited resistance level at 77.00 as it starts to achieve some downside movement. The stochastic also has started its bearish trend, thus supporting morning expectations. We still expect a bearish trend over an intraday basis...
As we mentioned in our previous report on June 11, the bearish formation has been completed and the index breached its neckline and head to the downside. Nonetheless, this pattern failed to preserve the downside movement after...
Crude strongly pushed upwards yesterday due to the positivity of momentum indicators that are currently losing bullish momentum after reaching the breached retest level for the bullish channel shown below. Signs of a rising wedge pattern are...
EUR USDThe pair succeeded in achieving yesterday’s suggested scenario flawlessly, touching resistance for the current bullish channel. Momentum indicators are showing negative signs that may force the pair to activate some bearish correction before attempting to achieve more expected...
Crude extended beyond the 75.15 area temporarily, and as seen on the secondary image, this incline was a retest to the previously breached support for the minor channel preserving our expectations for intraday bearishness intact. We expect...
EURUSDThe pair attacked the critical 1.2545 support but reversed to the upside to stabilize above it once again. Accordingly our morning scenario is activated and remains valid as far as areas of 1.2470 remain intact.
After the medium term upside wave that started from the recorded bottom at 12.03 towards the temporary top at 24.24, the share breached the support for the upside channel that organized the bullishness shown over daily basis...
Crude breached the critical support awaited yesterday at 75.15 and stabilized below it. Momentum indicators are trending lower and accordingly we expect an intraday downside move today further expected with stability below the 50 MA; targets start...
EURUSDThe critical support area of 1.2545 held against the pair supported by the 50 MA and positive momentum on Stochastic. Therefore, we see the likelihood for an intraday upside move targeting the channel’s resistance at 1.2750; nonetheless, we...
