EURUSD The pair is fluctuating around the resistance for the descending channel and below 61.8% correction, alongside negative signals on momentum indicators. We preserve our morning expectations as far as the pair does not stabilize above 1.2150.
The index started a downside correction after breaching the support for the medium term bullishness and temporary halted the move at 23.6% correction to rebound due to oversold signs and positive crossover on Stochastic over daily basis...
Crude reached the full targets suggested yesterday and was unable in stabilizing above the more critical resistance over short term basis at 75.75 affected by the resistance for the ascending channel over intraday basis at 69.50. Those...
EURUSD The pair respected yesterday’s expectations and halted the move at the resistance for the descending channel which declined to 1.2120. Momentum indicators show overbought signals, and in addition to the mentioned resistance and 61.8% correction, we...
Crude retested 74.15 and head to the upside activating the morning suggested scenario supported by the 100 MA from below. The intraday expectations are to the upside today towards targets starting from 75.75 which requires stability above...
EUR USD The pair breached the awaited resistance at 1.2045 though hit the 50 MA which restricted the upside movement. Our suggested intraday scenario was activated and the pair is now retesting the breach. Our expectations remain...
After the sharp decline that took the euro below 1.19 areas, the pair is reversing to the upside in correction powered by positive momentum signals. The current incline takes the pair to retest the previously breach critical...
Crude respected the suggested scenario yesterday; acquiring targeting with the breach of the resistance for the downside channel, affected by the bullish pattern explained yesterday, which still has upside targets to be reached.
EURUSD The pair rushed to the upside breaching 1.1990, trading in the channel shown above, and also extending the upside move towards 61.8% at 1.2150, which meets the resistance for the downside channel.
Crude succeeded in breaching the resistance at 72.45 and heading to the upside, according to the suggested morning scenario. From here, our expectations remain intact keeping in mind that resistance for the descending channel currently descended towards 73.55,...
