2018

We look for a bullish reverse Head and Shoulders to form. The 61.8% pullback level is located at 1.1313 (from 1.1216-1.1472). Th previous swing low is seen at 1.1302. This is our prime area to get long.
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Summary: Monthly employment change beats estimates to rise 32,800 in October Unemployment rate steady at a six-year low of 5.0% Participation rate increases to 65.6% Wage growth yet to rise Speculation on Q4 2019 RBA rate…
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In the last article on strategy evaluation, we talked about some ratios you can use to get a better handle on your trading and how it is performing. You don't have to use each ratio separately, but it's also possible to combine them and…
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The markets were seen trading relatively subdued heading into the Thanksgiving holiday in the U.S. Data showed that building permits rose 1.26 million on the month matching estimates while housing starts also rose 1.23 million, matching…
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Mixed trading for 9 days had produced a symmetrical tringle formation. This pattern has now been broken to the downside. Reverse trend line resistance is located at 81.88. Bespoke resistance at 81.95
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Consumer prices in the United States rose at the fastest pace since the start of the year in October. The surge in inflation was driven by higher gas prices and a rebound in the price of automobiles including used cars and trucks. The…
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Gold and Silver have been rising consistently for an entire trading week, ever since the greenback started tumbling.   The bullish sequences appear to be taking forms of impulses; therefore, it can be said that XAU/USD and XAG/USD could…
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The previous swing high is located at 1.0094. Bespoke resistance is located at 1.0060. This is our prime area to get short on a correct ‘bounce’
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The U.S. Dollar extended declines on Monday. Economic data on the day was sparse. The Eurogroup meetings kicked off with focus turning to the Brexit deal. The EU's negotiator for Brexit, Michel Barnier said that the EU ministers were in…
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