2017

The euro extended it’s gains yesterday as economic data was upbeat, including the regional data from Germany. The U.S. and Japan markets were closed but the currency managed to push higher amid lower trading volumes. The broad flash PMI…
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Last week’s economic data for the UK was a mixed bag. While inflation remained broadly flat compared to the previous month, wage data indicated worrying signs as employment numbers fell. This comes amid a SME survey result indicating…
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Dow managed hold trades above support 23250 where managed to hit first target 23620 before heading for some drop correction Intraday showing support at 23460 where as long as market holding above a trading zone between 23460 and 23640…
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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 last Friday to test 1296-98 resistance zone where market showing another drop wave Market…
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As we advised last week Crude oil managed to sustain advance toward 56.80 and 57.80 targets Market still holding uptrend wave that may lead for more advance toward 59.60 and maybe 60.40 As long as market holding above support 56.60-90…
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USDJPY managed to break below 111.90 yesterday where market sustain drop toward 111.50 and below Short-run showing resistance at 112.00 zone where as long as market holding below another drop wave will be expected toward 110.50 and maybe…
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GBPUSD managed finally to hit target 1.3290-1.3300 while market still facing last resistance at 1.3335 As long as market holding below 1.3335 atrading zone between this resistance and support 1.3270 may hit the market Below 1.3270…
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Euro managed to break above 1.1790 yesteray where managed to sustain advance toward target 1.1840-60 zone Intraday showing resistance at 1.1860 where as long as market holding below another drop toward 1.1730 will be available Above…
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XAUUSD intra-day analysis XAUUSD (1289.93): Gold prices closed on a bullish trend yesterday marking two consecutive days of gain. Price action broke above the resistance level of 1285.00 once again before easing back. We expect that…
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USDJPY intra-day analysis USDJPY (111.34): The USDJPY extended the declines as price action fell below the 111.74 support level. The strong declines posted resulted in a doji candlestick on the 4-hour chart. A bullish reversal here…
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