August 2015

US official analysis released on Wednesday points towards a raise in the durable goods figure for July without any forecasts on behalf of this movement. With the corporate spending on the rise, the new result strengthens the sentiment in…
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Dow Jones (DJI_5U) 16535 A rising channel … As shown on the chart the market is at the lower boundary of the rectangle patter ( the blue levels ) , and on the lower levels for the bigger rising channel at 17600/17500 levels (…
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Gold (XAUUSD) 1127 Gold penetrate !! A market hit the cheapest price for the yellow metal for the first time since March 2010. The market succeeded to reach the bearish channel’s resistance after breaching 1145 levels ( Penetrated…
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Oil (CL_5v) New Contract 42.40 Longer consolidation phase, but no major changes on the fundamentals of that market After recording the lowest level of the year (41.35 levels) because of a material increase at supply side with a…
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USDJPY 120.90 Bullish Scenario still valid for the pair The market bounced upwards strongly after the sharp decline that happened, and need to stay above 118 , But the price needs to breach 120.50 level then 121.80 to open the way…
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GBPUSD 1.5385 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to…
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EURUSD 1.1270 Higher Volatility,, On short-Term the market is ranging between the levels of 1.10 and 1.17, The market breached 1.1700 level, which activates the positive scenario to target testing 1.15 level as a first main target.…
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The Dollar Index was caught in a volatile move this week as the flash crash or Black Monday sent the Greenback to post a 7-month low. However, the index managed to retrace its losses just as quickly as the index fell to 92.52 and recovered…
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US Q2 GDP revised to 3.7%, beats estimates Key Notes: Australia private capex q/q -4% vs. -2.5% German import prices m/m -0.7% vs. -0.3% UK Nationwide HPI m/m 0.3% vs. 0.4%; y/y 3.2% vs. 3.1% Spain GDP q/q 1.0% vs. 1.0%; y/y…
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Dow Jones (DJI_5U) 16450 A rising channel … As shown on the chart the market is at the lower boundary of the rectangle patter ( the blue levels ) , and on the lower levels for the bigger rising channel at 17600/17500 levels (…
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