2017

The currency markets will be taking a step back after a rather busy week that saw the U.S. Federal Reserve hike interest rates. Various Fed officials are lined up to speak during the week including Fed Chair Janet Yellen. In the Eurozone…
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Crude Oil prices tumbled last week on many factors, which put Oil prices at risk of further declines ahead, as there is no new catalyst to support the uptrend anymore. Technical Factors Looking at the chart of Brent and WTI Crude Oil,…
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as we advised early this week, market managed to hold support 20800 where managed to head for rebound correction which may target 21100 zone from that level market may face risk of reverse trend to head for another drop wave toward…
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Gold managed to hit few dollars above 1231 while market managed to hold daily close below 1231 zone market still facing resistance levels at 1230-31 where as long as market holding trades or the daily close below this zone the downtrend…
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as we see over our previous chart and as we advised before market still facing resistance at 50.00 and 51.20 zone where as long as market holding below one of those resistances the downtrend pressure will back to hed with market toward…
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we still holding our last model for USDJPY Intraday levels showing resistance at 113.50 and 114.05 where as long as market holding below one of those resistances the downtrend pressure will sustain toward 112.20-50 zone before market…
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British pound managed to hit aboe 1.2385 which may indicate farther advance yet to come market now facing support at 1.2325 where as long as market holding trades above another advance wave toward 1.2430-40 zone will be expected below…
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As we advised yesterday and as we see on=ver our previous chart market managed to add more advance closing from target resistance 1.0785-95 zone where as long as market holding below this zone another downtrend wave may affect the…
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Image via Bank of England The Bank of England's monetary policy meeting that concluded yesterday saw the central bank leaving interest rates and its asset purchases steady at a pace of 0.25% and 435 billion GBP respectively. While the…
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Reviewing FOMC Decision The Federal Reserve decided to raise the Fed Fund Rate by 25bps as widely expected. However, one of the members has voted in favor of keeping the rates unchanged. Moreover, the Fed left the economic projections…
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