2017

Crude Oil managed to head for another advance before re-testing 54.80-55.00 support zone Market may head for a trading zone within the comming short-run between 54.80 and 58.70 as we see over the chart Above 58.70 more advance will be…
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USDJPY managed to break above 113.20-30 resistance zone hich may activate farther advance toward 114.40 zone As long as market holding above 113.00 more advance toward 114.40 zone will be expected Below 113.00 market may enter new…
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GBPUSD managed to hold support 1.3320-40 zone intact where managed yesterday to head for fast advance on Brexit deal Market managed to test 1.3520 resistance line as we see over the chart which provide some profit taking and drop…
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As we advised early this week Euro managed to sustain drop wave correction where managed today to hit doors for target 1.1710-30 zone As long as market holding above 1.1710 market may head for rebound correction to re-tets resistance…
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USDJPY intra-day analysis USDJPY (113.33): The U.S. dollar posted strong gains following the rebound off the 112.00 level of support. Price action remains biased to the upside especially after breaching the 113.20 level of resistance. In…
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XAUUSD intra-day analysis XAUUSD (1248.74): Gold prices fell to a 5-month low yesterday following the breach of the support level at 1262.80 level. Price action on the 4-hour chart currently shows an inside bar being formed. An upside…
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Daily Forex Market Preview, 08/12/2017 The U.S. dollar was seen strengthening off the back of investor optimism, due to the fact that the tax benefits could help boost the economy. The U.S. dollar index rose to a one-month high ahead of…
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The Reserve Bank of Australia kept the key interest rate unchanged at 1.50% as widely expected. The RBA governor Philip Lowe noted that the low interest rate policy was accommodative to help the Australian economy to grow. The central…
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As we advised yesterday and as we see over our previous chart Dow managed to fell below 24260 which triggered more drop wave movement as we advised before Zone of 23930-60 will consider as the support zone where as long as market…
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Gold managed to break below 1260 early today which may trigger a new downtrend wave over the comming short-run toward 1215-25 zone As long as market holding below 1265-70 the downtrend wave will sustain toward 1215-25 zone Above 1270…
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