After the upside correction ended at the 61.8% correction, the index negatively pressured the support for the medium ascending channel which started from the trough recorded at 665.75, where the index managed to breach the support and...
Crude leaped towards the awaited target yesterday at 79.50, but managed to bearishly reverse once again towards the pivotal support between 77.20 – 77.05. The image below shows that crude was not able to achieve stability above support...
EURUSD The pair touched 1.2240 – 38.2% Fibonacci correctional level– ,moving according to the suggested midday scenario yesterday on its way to complete forming the bearish technical pattern shown below. We currently await some upside movement; targeting 1.2330 –...
Crude is gradually nearing the awaited pivotal support at 77.20, with major oversold signs appearing through stochastic. The pair has met the MA 50 at 77.20, thereby including additional strength to this level; therefore,morning expectations will remain...
EURUSD The pair is negatively pressuring pivotal support mentioned this morning at 1.2280; whereas we see the possibility of a bearish technical pattern appearing on the four hour chart below.
The pair continues to trade steadily within the descending channel over medium term basis which started from the recorded top at 163.06; after recently reaching the support for the mentioned channel, the pair found difficulty in surpassing...
Crude was unable to currently breach 61.8% Fibonacci correction, where it bearishly reversed to fluctuate around support for the bullish intraday channel with attempts at breaching and targeting the broken 50% Fibonacci correctional level that has turned into...
EURUSD The negative pressure on the pair yesterday has caused the breach of pivotal support levels starting from the bullish channel and passing by the retest of the previously broken neckline at 1.2330. SMA 50 has stopped the pair’s...
Crude ascended gradually since this morning, where it neared the awaited support around 79.00 but is finding difficulty in surpassing 61.8% Fibonacci correction due to the negativity from momentum indicators as shown above. No change is detected...
EURUSD The pair bearishly reversed due to negative pressures from momentum indicators over four-hour basis shown above, trading is still within the minor bullish channel while we await it to carry the pair to touch the resistance...
