March 2015

Crude oil futures got a boost from the FOMC meeting last week as the markets initially sold off the US Dollar which gave a temporary lift to Oil which gained a total of 11.7% since March 18th open at $42.66, or about a 5 point gain. Price…
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Dow Jones: 17964 Equity on a bigger consolidation pattern - with upward slope On the longer-term as long as market trading higher than 17,000 us dollar for the index ;then it is an buy opportunity to target $20,000. short-run…
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GOLD 1191 Retracing the recent drop As shown on the H4 chart the market is rising on a channel to pullback the recent drop ; Market has broken the declining channel which is expected to pullback some of its loses at the levels of…
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Oil (5K) 47.43 Oil To continue its down trend after breaking its previous trading range Market now in a consolidation pattern ( ascending triangle - which means after the break of the 46.30 levels and the big drop the market…
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USD/JPY: 119.40 Japanese Yen on uptrend wave - Buy in Dip Market now on the testing phase on the symmetrical triangle on the daily chart as shown . The market after retested the previous high of 121s levels back again to re-test…
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GBP/USD: 1.4933 Pound would be traded in a bigger range market ( Wide and in rectangular shape ) As shown on the chart , market has successfully broke the declining channel , but , did not succeed to continue the up breakout and…
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Key Notes: Japan flash manufacturing PMI 50.4 vs. 52.1 China HSBC flash manufacturing PMI 49.2 vs. 50.5 French flash manufacturing PMI 48.2 vs. 48.9 French flash services PMI 52.8 vs. 53.1 German flash manufacturing PMI 52.4 vs.…
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Dow Jones: 18069 Equity on a bigger consolidation pattern - with upward slope On the longer-term as long as market trading higher than 17,000 us dollar for the index ;then it is an buy opportunity to target $20,000. short-run…
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GOLD 1194 Retracing the recent drop As shown on the H4 chart the market is rising on a channel to pullback the recent drop ; Market has broken the declining channel which is expected to pullback some of its loses at the levels of…
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Oil (5K) 47.70 Oil To continue its down trend after breaking its previous trading range Market now in a consolidation pattern ( ascending triangle - which means after the break of the 46.30 levels and the big drop the market…
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