2017

As we advised and as we see over our previous chart Crude Oil still holding trades above support 56.80 where uptrend wave still have a chance to sustain toward 59.60 as we advised last week From another hand any break below 56.80 may…
Read More

As we yesterday and as we see over our previous chart , USDJPY facing Intraday resistance at 113.20-30 where as long as market holding below another drop wave toward 111.50 will be expected Market managed to retreate toward 112.00 so far…
Read More

As we see over our previous chart and as we advised yesterday GBPUSD managed almost to hit target 1.3560 last week Short-Run showing a trading zone between 1.3220-40 support and 1.3620-60 resistance Intraday showing that as long as…
Read More

As we advised yesterday and as we see over our previous chart EURUSD facing first Intraday resistance at 1.1865-80 where as long as market holding below the downtrend pressure will sustain toward 1.1715-30 support zone which may provide…
Read More

XAUUSD intra-day analysis XAUUSD (1266.08): Gold prices extended the declines as price action fell to the 1262 level of support as noted in yesterday's commentary. With price action retesting this support level, the daily chart shows a…
Read More

USDJPY intra-day analysis USDJPY (112.23): The USDJPY attempted to push higher but price action closed with an inside bar on the daily session. The current downside breakout could signal a near term decline if the U.S. dollar manages to…
Read More

Daily Forex Market Preview, 06/12/2017 The U.S. dollar was seen strengthening for a second day fueled by the optimism from the tax cuts. The dollar maintained gains despite the ISM's non-manufacturing PMI coming out weaker than expected.…
Read More

MiFID II has been the latest buzzword recently among the institutional trading circles. With some major changes expected to be implemented come January 3rd 2018, the retail Forex trading sector is also likely to be affected by the changes.…
Read More

UK PM Theresa failed to reach an agreement with the EU regarding the first phase of the Brexit negotiations as a result of a last-minute disagreement over the Irish border. Northern Ireland’s Democratic Unionist Party, upon which PM Theresa…
Read More

Dow managed to head for fast drop correction last Friday where managed to test support 23930 which in turn managed to push market for another advance wave toward 24500 Market facing Intraday support level at 24265 where as long as market…
Read More