2017

The central bank monetary policy decisions continue into another week. However, this time around it is quite likely that there will not be any surprises. On the agenda this week, the Swiss National Bank will be meeting for its quarterly…
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As we advised yesterday and as we see over our previous chart Dow still holding trades above uptrend support line where as long as market holding above 21700 more advance toward 22100 still on hand below 21600 market may head for…
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Gold managed to sustain advance toward target 1350-55 If market managed to obtain today a daily close below 1350-55 this will restore the chance for a drop correction toward 1305 zone A daily close above 1355 will activate another…
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As we advised yesteray and as we see over our previous charrt Crude Oil managed to sustain advance where managed today to close from resistance level 49.50-70 zone As long as market holding below this resistance 49.50-70 another drop…
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USDJPY managed to hit below Mid-Run support 107.40 which may activate another downtrend wave over Short-Run As long as market holding below 108.60 another drop wave may take place toward 104.00 zone Above 108.60 market may have chance…
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GBPUSD managed to sustain advance toward target 1.3150-70 zone Market now facing resistance zone at 1.3270 where as long as market holding below a risk for some drop correction may hit the market toward 1.3060 Above 1.3270 market may…
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EURUSD managed to hit above 1.2070 in signs of more advance yet to come As long as market holding trades above support 1.1930 more advance yet to come toward 1.2230 an maybe 1.2330 Below 1.1930 more drop will be expected toward…
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In the previous article, we covered the basics of the Rate of Change (ROC) indicator. We know that the Price ROC is merely an oscillator that measures the rate of change in price. Thus, we can conclude that the PROC indicator allows traders…
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Why is sterling suddenly hitting 4-week highs against the US dollar, dragging euro to 3-week lows and even pushing up against the yen? Emerging opposition from the UK Labour Party seeking to have a smoother Brexit is helping the pound.…
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as we advised yesterday and as we see over our previous chart Dow still holding trades above uptrend support line where as long as market holding above 21700 more advance toward 22100 still on hand below 21600 market may head for…
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