The pair continues to rush to the downside according to our previously proposed analysis on June 18. The pair retested the previously breached neckline at 0.8400 for the bearish pattern shown above over daily basis, rushing south...
EURUSD The pair managed to breach support for the minor bullish channel due to the negative effect from momentum indicators on the four-hour chart. Meanwhile, trading is below SMA 50 is adding more pressure on the pair, which...
Crude was not able to surpass 61.8% Fibonacci correction and reverse to the downside as it currently attack SMA 50. The minor bearish technical pattern appearing on the short term trends, its neckline was breached at 77.70,...
EURUSD The pair is moving within a narrow range since this morning within the minor ascending channel that is on its way in forming the right shoulder for the suggested bullish technical pattern in our weekly report...
The retest level previously shown stood around 75.75 to push crude strongly to the upside heading towards resistance for the main bullish channel at 81.70 with some expected bearish correction, due to the negativity on momentum indicators.
Gold is still trading within the internal bullish wave over short term basis within the main ascending channel over the medium term. As we mentioned in our previous reports, on June 14, the metal is facing the...
EURUSD The pair continues to trade within the main bearish channel nearing resistance is currently around 1.2470. This level is vital since its neckline for the bullish technical pattern is close to being completed.
The retest level previously shown stood around 75.75 to push crude strongly to the upside heading towards resistance for the main bullish channel at 81.70 with some expected bearish correction, due to the negativity on momentum indicators....
Crude is trading within a narrow range since this morning while showing pivotal support which is awaited to be breached 75.75 as it maintains its stance in front of crude’s attempts at descending. The stochastic is still...
EURUSD The negative pressure has returned on the pair once again within yesterday’s broken descending channel, as it neared pivotal support 1.2240. Stochastic is still showing positive signs that will maintain chances of achieving morning expectations, if we...
