2018

As we advised earlier this week and once USD/JPY broke below the 112.10 point, the downtrend wave still continued to control the market. As long as market keep holding its trades below the resistance 112.10, then the downtrend wave may…
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As we advised last week and as we examined in our previous charts: Crude oil managed to break above the resistance level 62.60, where the market may have a chance to sustain its gains as the next resistance lies at the 66.00-60 zone.…
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Gold managed to continue its drop correction over the last 3 days. The precious metal managed yesterday to test our support zone at 1322-26 as we expected it would earlier this week. From that support zone at 1322-26 we also expected…
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Dow managed to hold its trades above the support level of 25600 where over the last few days it has been heading towards a drop correction. Intraday Levels are now protected by support levels at 25850 and 25700 where, as long as the…
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Daily Forex Market Preview, 19/01/2018 The U.S. dollar was drifting lower as the dollar index weakened due to U.S. politicians cutting it close with passing the spending bill to avoid a government shutdown. While the House passed the…
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Daily Forex Market Preview, 19/01/2018 The U.S. dollar was drifting lower as the dollar index weakened due to U.S. politicians cutting it close with passing the spending bill to avoid a government shutdown. While the House passed the…
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Daily Forex Market Preview, 19/01/2018 The U.S. dollar was drifting lower as the dollar index weakened due to U.S. politicians cutting it close with passing the spending bill to avoid a government shutdown. While the House passed the…
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The hype over the strong surge in price of some of the largest Cryptocurrencies has hit the mainstream media by storm. If earlier, Bitcoin made it to the news only once in a blue moon, when price surged past a strong technical level or when…
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Daily Forex Market Preview, 18/01/2018 The U.S. dollar posted a strong rebound yesterday. Lack of economic data from the U.S. saw investors focusing on the broader macro themes. Apple Inc's announcement about repatriating billions of…
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NZDUSD intra-day analysis NZDUSD (0.7270): The NZDUSD was seen trading flat yesterday despite the currency pair rising to a fresh 4-month high. Forming an outside bar, the current rally in NZDUSD could be seen coming to a close. The…
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