Recently, the pair has been showing volatility as after the breakout of the neckline showed in our previous reports around 0.8605, Fibonacci 38.2% correctional level halted the short-term downside trend which took the pair to the upside...
Crude was pushed to the upside according to yesterday’s suggested scenario, although the pivotal resistance has halted around 76.80 as a strong barrier in front of more bullish movement; thus retesting the previously breached neckline that has...
EURUSDThe pair inclined sharply, breaching the pivotal resistance of 1.2330 but couldn’t stabilize above it fro long time. The resistance line of the major descending channel is currently valued at 1.2435 represent the technical objective of the...
Crude managed to build the expected base on 75.75 and bullishly rebound, but it is facing a hard time surpassing the sideway range shown above, which is at 76.50. The suggested morning scenario is activated, thus we...
EURUSD The pair has been moving to the downside since this morning due to the effect of the strength from the pivotal resistance at 1.2330 that is currently forming resistance for the bearish channel that seems to...
The 100 Days MA is standing against the upside attempts for the index, where it resides around 50% Fibonacci correction around 10360-10400, also accompanied by negative signals on Stochastic which forced the pair to reverse to the...
Crude succeeded in achieving yesterday’s suggested bearish technical pattern flawlessly, where it managed to achieve key targets while keeping in mind that it was not able to build a base below the pivotal level 75.75.
EURUSD The pair has attempted to breach pivotal support 1.2240, but was not able to build a base below it to push to the upside to achieve yesterday’s awaited targets flawlessly, as it currently stabilizes at the...
Crude has been trading in a very narrow range since this morning, due to the effect of the positivity appearing of momentum indicators and support from the MA 50. Meanwhile, pivotal resistance is currently at 77.70 and...
EURUSD The pair neared the awaited pivotal resistance at 1.2330, yet still struggling to stabilize above the 50 MA. The suggested morning scenario remains intact, yet we again point out to the signs of an expected bearish...
