November 2017

For most traders, currency trading is all about spot forex and the MT4 or other trading platforms. Buying and selling, the trading strategies and economic data are what usually comes to mind with traders when they are speculating in the…
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As we advised before, Dow managed to hold support 23460 where managed from that zone to advance toward target 23620-40 zone We advised also that market may hold trading zone between 23460 and 23640 As long as market holding below…
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We still holding the same Model for Gold for the last few weeks As we see over our previous chart and as we advised before Gold managed 2 weeks ago to test 1296-98 resistance zone where market headed to another drop wave toward…
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As we advised yesterday and as we see over our previous chart Crude Oil managed to hold trades above 56.60 support where market managed to add more advance toward 59.00 zone before market retreat will expect the comming Short-Run to…
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As we advised last week and as we see over our previous chart USDJPY managed to break below 111.90 where market sustain drop toward 110.85 yesterday Short-run showing resistance at 111.70-112.00 zone where as long as market holding…
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As we see over the chart, GBPUSD is now testing first support for the Intraday levels around 1.3280-95 zone As long as market holding above this zone another advance wave toward 1.3415 will be expected Below 1.280 market may head to…
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Euro failed to hold trades above first support 1.1910 which may lead for more drop to test second support 1.1860 zone As long as market holding above 1.1860 the chance for another advance toward 1.1980 still on hand Below 1.1860…
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XAUUSD intra-day analysis XAUUSD (1294.44): Gold prices continue to remain volatile although price action has managed to clear the resistance level of 1285. We expect this ranging phase to continue with another retest of 1285 where…
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USDJPY intra-day analysis USDJPY (111.18): The USDJPY continued to extend it’s declines. Price action weakened after a brief attempt to rally. As a result, USDJPY was seen falling back to retest the support level at 111.00 - 110.88. We…
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Daily Forex Market Preview, 28/11/2017 The markets were seen trading rather mixed with the U.S. dollar identified as weakening. The euro briefly rallied to 1.1950 levels while gold prices rose close to the 1299 handle. On the economic…
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