2017

Daily Forex Market Preview, 22/11/2017 The U.S. dollar was seen trading mixed as the dollar weakened against the yen and the price action against the euro was subdued. On the economic front, data was also limited. The Fed Chair, Janet…
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Technical chart patterns are one of the easiest ways to get started with technical analysis of the financial markets. The fact that the chart patterns are divided into either continuation or reversal patterns makes it easy to distinguish…
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German coalition continues talks following the walk out by the Free Democratic Party. Going forward, Merkel can continue to try and form a coalition with the left-of-centre Social Democrats. Alternatively she can lead the nation via a…
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XAUUSD (1279.73): Gold prices gave up the gains following the fake break out above 1285 level. Price action failed to hold on the gains as the resistance level of 1285 failed as support. The decline to 1274.70 region puts gold prices back…
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USDJPY (112.55): USDJPY attempted to post a pullback following the declines from Friday. This came amid a bounce off the support level seen at 112.04. USDJPY is expected to remain range bound within the 113.00 and 112.04 levels of…
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Daily Forex Market Preview, 21/11/2017 The euro turned weaker on Monday's open after late Sunday coalition talks between Merkel's CSU/CDU and other parties broke down. The uncertainty led to the possibility of snap elections which…
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The latest monthly inflation figures from the United States rose gradually, cementing expectations of a Fed rate hike this December. According to official data, consumer prices continued to rise in October at a rate of 0.1% on a monthly…
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As we advised before and as we see over our previous chart Market managed to rebound from support 23250 where managed to re-test 23450-80 resistance zone last week Market back to re-test 23250 support zone again today where as long as…
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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 and as we see over our previous chart Market managedto hold trades above support 54.40-50 where managed today to hit target 56.85 Market now facing support at 55.50 where as long as market holding above more…
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