2018

The Dollar Index (USD) seems to be completing a possible pattern which could cause weakness. Given that said, the EUR/USD and GBP/USD also seem to be synchronized with that possibility, showing probabilities of rallies in a sustained…
Read More

Germany is by far the most important country within the Eurozone, accounting for well over a quarter of the area's GDP, the largest exporter and the only major country with a budget surplus. Consequently, a political crisis in Germany is…
Read More

Monthly: Trading within a bearish channel formation. Trend line resistance is seen at 1.2448. Levels close to the 38.2% pullback level of 1.2522 (from 1.6038-1.0349) found sellers. There has been little net change for the last four months.…
Read More

Daily Forex Market Preview, 17/10/2018 China's headline inflation rose 2.5% on the year ending September. This was a modest increase from August inflation rate which touched 2.3%. However, producer prices index data rose at a slower pace…
Read More

The International Monetary Fund, in a report released last week, warned that further escalation of trade wars between the United States and China could have major repercussions in both countries next year. The IMF notes that China's…
Read More

Dow managed yesterday to print above resistance 25400 as sign of farther advance may come before market head again for another drop correction where managed to test 25170 zone with holding trades above support line As long as market…
Read More

USDJPY or USD/JPY is the abbreviation used for the pair of currencies made up of the United States Dollar and the Japanese Yen. Colloquially, it's often referred to simply as trading the "yen" (though of course, the yen trades with other…
Read More

As we advised yesterday and as we see over our previous chart Gold managed to broke above resistance levels where market closing from our target and resistance zone 1235-40 As long as Gold holding trades below this zone 1235-40…
Read More

As we see over our previous chart and as we advised yesterday Market managed to test resistance zone 72.70-80 yesterday where managed to head from there to another dip inside our trading zone Market still facing main resistance level…
Read More