EURUSDThe pair stabilized above 61.8% Fibonacci to descend from 1.3332 to 1.2585, in addition to the bullish technical pattern continuing its affect by completing its formation last week at 1.2915.
Silver is trading within the main ascending channel which represents the metal’s general trend; we can see a secondary channel carrying silver towards the main target over short term basis at 21.50 since the start of this...
EURUSDThe pair stabilized above 1.3045 and thereby insuring yesterday’s suggested bullish trend’s continuation. Some negativity is appearing through momentum indicators which could cause some fluctuation and retest of the mentioned level before continuing the expected bullish trend today,...
Crude touched support for the ascending channel that organizes current trading, seen on the chart above, accompanied by momentum indicators moving in oversold areas. Thus, we expect natural trading within this channel then crude to rebound to...
After exiting the main descending channel for an upside correction, the move ended at 38.2% Fibonacci at 83.35; failure to breach this level forced the index to reverse to the downside to continue the general bearishness which...
EURUSDThe pair is trading between 61.8% and 50% correction, where Stochastic is heading to the downside as the pair is attempting to retest the level mentioned yesterday at 1.2915. From here, yesterday’s suggested scenario remains intact and we...
Crude stabilized around the awaited retest level at 75.40, in an attempt to breach it but was not able to build a base below it and thereby maintaining chances of yesterday’s scenario prevailing intact, supported by the...
The pair ended its trading within the descending correctional channel above after two attempts to retest its previously breached resistance, settling for the 38.2% correction of the upside wave from the trough at 0.4885 to the top...
EURUSDThe pair was able to achieve the awaited breakout yesterday strongly as it closely neared 61.8% Fibonacci correction at 1.3045, where it reversed to the downside to resume some bearish correction for the volatile bullish wave;
Crude touched resistance for the ascending channel that organizes the bullish correction, where it reversed to the downside and will retest the previously breached pivotal level at 75.40, meeting with the MA 50. Momentum indicators are entering...
