Dow Jones 2015-08-14

Dow Jones (DJI_5U) 17325 A rising channel … As shown on the chart the market is at the lower boundary of the rectangle patter ( the blue levels ) , and on the lower levels for the bigger rising channel at 17600/17500 levels (… Read More

Gold 2015-08-14

Gold (XAUUSD) 1118.50 Gold penetrate !! A market hit the cheapest price for the yellow metal for the first time since March 2010. The market broke a declining symmetrical triangle, 1225 and 1162 represent the expected trading range… Read More

Oil (F) 2015-08-14

Oil (CL_5U) 42.30 Longer consolidation phase, but no major changes on the fundamentals of that market After recording the lowest level of the year (45/44 levels) because of a material increase at supply side with a slowing demand… Read More

USDJPY 2015-08-14

USDJPY 124.10 Bullish Scenario still valid for the pair After penetrating the bullish consolidation pattern; the market would still bullish unless the market is traded below 121.80/120.50. Market has rebounded after recording the… Read More

GBPUSD 2015-08-14

GBPUSD 1.5635 Recovering from the bottom with accelerated counter-trend move The pair on a major wide consolidation area, ranging between 1.52s and 1.60s level, as more of the major pair the ranging market which is expected to… Read More

EURUSD 2015-08-14

EURUSD 1.1175 Higher Volatility,, On short-Term the market is ranging between the levels of 1.08 and 1.14, The market breached 1.1100 level again, which activates the positive scenario to target testing 1.1250 level as a first main… Read More

Forex Afternoon Wrap – 13/08

China devalues Yuan for the third day. Currencies remain under pressure Key Notes: New Zealand business manufacturing index 53.5 vs. 55.1 previously UK RICS house price balance 244% vs. 42% Japan core machinery orders m/m -7.9%… Read More

Dow Jones 2015-08-13

Dow Jones (DJI_5U) 17415 A rising channel … As shown on the chart the market is at the lower boundary of the rectangle patter ( the blue levels ) , and on the lower levels for the bigger rising channel at 17600/17500 levels (… Read More