2018

The month of December was underscored by slow markets despite a few economic events and monetary policy changes. As widely expected, the U.S. Federal Reserve raised the short term interest rates at the FOMC meeting held on December 13.…
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NZDUSD intra-day analysis NZDUSD (0.7113): The New Zealand dollar rallied to a 2-month high on Friday with early price action today suggesting that the currency pair is maintaining the bullish momentum. Further upside gains could be seen…
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USDJPY intra-day analysis USDJPY (112.71): The USDJPY posted declines on Friday although the U.S. dollar is looking to pare some of those losses. In the near term, the modest recovery could see USDJPY rallying back to the 112.90 - 113.00…
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Daily Forex Market Preview, 02/01/2018 The markets opened after the holiday season with a relatively quiet trading scene. The euro managed to post some gains on the last trading day of the year, as the U.S. dollar weakened into…
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Dow managed to re-test 24680-90 support zone again last week where managed to hold trades above As long as market holding trades above 24680 another advance wave toward 24980 target may hit the market Below 24680 market may enter new…
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Gold managed to break above 1299 where market may set new uptrend wave that may target 1330-50 zone Market now facing main support at 1288 where as long as market holding above more advance toward 1330-50 zone will be expected Below…
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As we advised last week and as we see over our previous chart Crude Oil managed finally to break above 58.60 and managed to met target 59.60 Market still on the uptrend wave as long as market keep holding trades above 58.00-40…
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As we see over our previous chart and as we  advised 2 weeks ago USDJPY managed to hold trades below resistance 113.75 where market managed gto activate  drop wave that may continue toward target 111.40-70 Above 113.75 market may gain…
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As we advised last week GBPUSD managed to break above 1.3450-60 zone where we advised that more advance from this point may hit the market toward target 1.3620 Market managed to test today resistance 1.3560 while more advance toward…
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EURUSD managed to hold trades above support 1.1900 zone where managed to add more advance toward target 1.2020 as we advised last week Market now closing from resistance 1.2090 where as long as market holding below a trading zone between…
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