2024

There is an unusual situation brewing in the currency markets for 2025, with the Euro potentially being one of the protagonists. Depending on how the economic data in Britain evolves, the pound could also be involved as well. Other notable…
Read More

As we advised last week and as we see over our previous chart Dow managed to hold trades below resistance 42300 where managed to hit drop correction movement 42640 levels Market facing support levels around 42500 and 42000 where one…
Read More

Gold managed to hit below 2620 support which may put more drop pressure over the market to head toward 2570-75 support zone As long as market keep holding trades below 2630-38 resistance the drop pressure may sustain toward 2570-75 which…
Read More

As we advised last week and as we see over our previous chart Crude Oil still holding our previous trading zone between support 66.15 and resistance 72.00-50 While market maintain this trading zone the indicators start to signal a big…
Read More

As we advised last week and as we see over our previous chart USDJPY managed to hit drop correction after the first test of resistance 157.85 where managed to hit drop toward 155.95 and rebound again to re-test 157.85 resistance As we…
Read More

As we advised last week and as we see over our previous chart GBPUSD managed to hold this trading zone bewteen support 1.2440-80 and resistance 1.2600-20 as we advised before As we see over the chart, market still holding chance for…
Read More

As we advised last week and as we see over our previous chart Euro managed to maintain trades below Intraday resistance 1.0450 which may keep the downtrend pressure to re-test 1.0330 A break above 1.0450 may give chance for farther…
Read More

It is impossible to predict the future, but forex traders certainly try. At least in the sphere of currency moves. There is a lot of uncertainty about what's coming, but some things are more certain than others. Especially considering…
Read More

USDJPY tests resistance The Japanese yen (JPY) tries to reclaim some lost ground after the pair takes a breather from the latest rally. Price action continues to struggle after moving over 300 pips in the past week. A break above the top…
Read More

AUDUSD (Aussie) continues the strain The AUDUSD (Aussie) fell to a 2-year low after the hawkish Fed, which has sent the greenback surging in recent sessions. Last week’s RBA meeting minutes noted that economic activity has been weaker…
Read More