EURCAD Technical Analysis January 14/2019 Bearish market patterns can be seen on the EURCAD 4 hour chart. In the chart below there are possible bearish patterns that can trigger SELLS if the market makes another move higher....
Australian Dollar has seen a surge in volatility at start of the year which started with a sharp decline followed by a quick recovery and AUDCAD is no different. Traders know that volatility brings along trading opportunities...
The nearest support area is 30% of sellers (2930.52-2046.24). The closest long-term goal of improvement is the zone of 20% of sellers (5842.56-5263.20). The next zone of resistance is the zone of 10% of sellers (8764.91-8754.59). The...
USDCAD is in consolidation for the downtrend from 1.3664. Range trading between 1.3179 and 1.3400 would likely be seen in a couple of days. As long as 1.3400 resistance holds, the downtrend could be expected to resume,...
USDJPY continued its sideways movement in a trading range between 107.76 and 109.08. As long as 107.76 support holds, the sideways movement could be treated as consolidation for the uptrend from 105.05, a break of 109.08 resistance...
AUDUSD remains in the uptrend from 0.6765, the pullback from 0.7235 is likely consolidation for the uptrend. Range trading between 0.7100 and 0.7235 is possible in a couple of days. As long as 0.7100 support holds, the...
GBPUSD extended its upside movement from 1.2396 to as high as 1.2930. Further rise is still possible after a minor consolidation and next target would be at 1.3000 area. Near term support is at 1.2810, below this...
EURUSD remains in the short term downtrend from 1.1570, the bounce from 1.1450 would possibly be consolidation for the downtrend. Further decline is still possible and next target would be at 1.1400 area. Near term resistance is...
Cleveland Cliffs (NYSE:CLF) is an American mining company that specializes in Iron Ore. With the demand for construction steel soaring around the world and specially in China, the price of Iron Ore continues to rise which makes...
Gold has been used as the currency of choice throughout history, despite what the central banks of the world say. Ben Bernanke, then the Fed Chairman, famously said that Gold is not money in 2011 during congressional...
