2017

EURUSD managed to hold downtrend pressure as market sustain below 1.1625 Market managed to print below 1.1575 which is the first sign of more drop for the Short-Run levels Market now facing support at 1.1500-20 while resistance at…
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On Friday, November 3, the US Bureau of Labor Statistics released the monthly payroll figures for the month of October. Although the number of jobs added to the economy rose less than forecast, overall data suggested that the US economy…
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As we advised last week and as we see over our previous chart the uptrend wave still ongoing Dow managed to hit above resistance 23480 before heading for some drop correction As long as market holding above support trend 23250-300 the…
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We still holding our previous model for Gold As we advised last week and as we see over our previous chart Gold managed to sustain drop toward target 1260-65 As long as market holding above 1260 another advance wave may hit market…
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As we advised last week Market once break above 55.20 another advance wave may hit the market toward 59.60 zone As we see over the chart, Oil facing support at 55.00 and 53.60 where as long as market holding above one of those supports…
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USDJPY managed to hold advance as market sustain trades above support 113.60-70 Market retreat from 114.70-90 zone which may be the start of rising wedge formation model that may lead for a big drop wave Market will face resistance at…
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As we advised last week and as we see over our previous chart GBPUS managed to hold trades above support 1.3030 where market managed to rebound so far toward 1.3140 zone As long as market sustain trades above 1.3030 we will expect…
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So far EURUSD still holding our Short-Run trading zone between 1.1575 and resistance 1.1700-30 As long as market holding trades above 1.1575 we will expect another advance correction wave toward 1.1700-30 resistance zone From that…
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The week ahead will see the continuation of the central bank decisions with the focus turning to the RBA and the RBNZ. Both the central banks are expected to remain on the sidelines, however, as no rate hikes are expected this week.…
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The tax reform bill, unveiled Thursday by US Republican House Representatives may not be the piece of news long anticipated by currency traders favouring the US dollar. The bill imposes a one-time 12% tax on US companies’ accumulated…
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