November 2015

Wednesday’s schedule was booked majorly by the US data releases regarding several important economic indicators. The Commerce Department’s report showed a boost in the corporate spending for the month of October, while household spending…
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Dollar Index attempts another go at 100 After close to 8 months of consolidation, the US Dollar index is well poised to breakout above the 100 level. Data this week was mostly mixed but positive for the US Dollar. The second estimates of…
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Markets stay flat on a slow trading day Australia private capital expenditure q/q -9.2% vs. -2.8% Eurozone M3 money supply y/y 5.3% vs. 4.9% Eurozone private loans y/y 1.2% vs. 1.2% Later Canada corporate profits The…
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Crude Oil futures poised for a weekly gain Crude Oil futures are poised to make a second consecutive week of gains after prices formed a small bodied candlestick pattern last week. Currently up 3.78% for the week, Crude Oil got a temporary…
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US Durable goods orders rises 3.0% BoJ MPC Meeting minutes released Italy retail sales m/m -0.1% vs. 0.5%; y/y 1.5% vs. 1.4% UK Spending review and autumn statement US Durable goods orders m/m 3.0% vs. 1.6%; Core durable goods…
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DOW .. (DJ_5z) 17810 Market managed to hit our target zone 17600-800, last week Market retreat before hit any prices above 17900 which may add more risk for another drop correction market facing support zone at 17570 - 17600…
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XAUUSD 1072 Market fell yesterday from 1081 zone which initiate new triangle formation as we see over the chart market may hold trades inside this triangle why any break may head the market toward one of our target zone as we…
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Oil (CL_6F) 42.25 Market managed to hit our support zone 39.60-40.00 as long as market holding trades above 37.75 a rebound correction chance will sustain at market where targets would be toward 57.00 zone below 37.75 market…
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USDJPY 122.70 market managed to head for drop correction as we expected while managed again today to test support zone 122.00-55 which still consider as long(buy) zone as long as market holding trades above main support 121.45-65…
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GBPUSD 1.5060 market managed to break below 1.5080 yesterday in additional signs to sustain drop to test support trend around 1.4980 zone as long as market holding trades below 1.5110 the downtrend will sustain toward 1.4980 zone…
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