2018

As we advised last week Euro Managed to hold trades above support 1.1510 where market managed to rebound toward 1.1690 so far Our short-Run target still toward 1.1860-90 zone While the Intraday Levels showing resistance around 1.1695…
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The U.S. dollar has been enjoying a strong trend since forming a bottom below 90.60 from January through April this year. The breakout above the 90.60 level of resistance pushed the greenback on a solid momentum led rally. As the U.S.…
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Here is our weekly video analysis for the FX Majors. Starting with the USD Index, we will be breaking down time-frames while highlighting what you should be looking out for this week!
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Daily Forex Market Preview, 25/06/2018 Economic data on Friday was mixed but the U.S. dollar was seen giving up some of the gains made from earlier in the week. Japan's national core CPI data showed a 0.7% increase on the year, unchanged…
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Monthly: Trading within a bearish channel formation. Trend line resistance is seen at 1.2583. Levels close to the 38.2% pullback level of 1.2522 (from 1.6038-1.0349) attract sellers. We trade to the lowest level in 10 months. This area has…
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The markets head into the final week of the third quarter of the year. The economic calendar is relatively light over the course of the week. GDP reports make the major theme as the U.S. and the UK will be reporting on the final revised GDP…
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Fundamental Analysis & Overview OPEC, the cartel of petroleum exporting nations, are holding meetings today, the 22nd of June 2018. This meeting is held as usual in Vienna and it will most likely have a direct impact on the price of…
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Posted a DeMark 13 (exhaustion) count on the daily chart. Although the selloff passed the 261.8% extension of 1.3176 (from 1.4377-1.3918), we look for this to be a 5th wave extension (Elliott Wave)
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Daily Forex Market Preview, 22/06/2018 The Bank of England’s monetary policy meeting held yesterday saw officials keeping interest rates steady at 0.50% as widely expected. However, this came amid three dissenting votes including that of…
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Technical Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12048 and the measured move target is 8695. Rallies have stalled and found sellers near 13200, resulting in a new trend line…
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