EURUSDThe pair is moving within a sideways range between 1.3420 and 1.3500, where Stochastic neared oversold areas; thus, we expect to continue the bullish intraday trend that requires the breach of 1.3500 to pave the way towards the...
Crude achieved the awaited descend mentioned within our weekly report yesterday as it managed to build a base on the MA 50 and head to the upside in an attempt to attack pivotal resistance 76.60, accompanying the...
Updating our previous analysis, the metal breached the resistance for the sideways wave at 1602.00 which is the neckline for a bullish pattern. The breach was successful alongside series of stability and daily closings above the mentioned...
EURUSDThe pair continued its bullish movement breaching the neckline for the bullish technical pattern at 1.3330, where this breach encourages us to expect a bullish trend in overall trading for this week.
Crude is expected to push upwards towards pivotal resistance at 76.60 pointed out earlier, where it represents the neckline for the suggested bullish technical pattern that is currently forming.
On the daily chart above, we can see that the pair’s trading was restrained between the ends of the symmetrical triangle since the beginning of 2009, yet recently the pair breached the support for the pattern -precisely...
The index breached the upside correction level and the last was 61.8% at 10555 –the correction for the downside move from 11205 till 9507- this upside move was supported by the positive pattern and the breach of...
After recording the bottom at 3.680, gas head to the upside within an ascending correctional channel for the decline that started from 4.993, and over daily basis we can see that a bullish formation has been completed...
The pair breached the recorded top on November 16, 2009 at 0.9405 which indicates that the downside correction triggered from the aforesaid top has settled for 38.2% Fibonacci as shown on the secondary image above.
The closing last week stabilized below support for the bullish channel shown in the image above, where it currently turns into resistance at 74.05 as it trades below the MA 50. We expect a bearish direction this week...
