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UK PM Theresa failed to reach an agreement with the EU regarding the first phase of the Brexit negotiations as a result of a last-minute disagreement over the Irish border. Northern Ireland’s Democratic Unionist Party, upon which PM Theresa…
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Dow managed to head for fast drop correction last Friday where managed to test support 23930 which in turn managed to push market for another advance wave toward 24500 Market facing Intraday support level at 24265 where as long as market…
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Gold still holding our trading zone between 1260-65 support and 1298 resistance as we advised in the last few weeks Market facing main support uptrend at 1260-65 where as long as market holding above another rebound movement toward…
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Crude Oil still holding trades above support 56.80 where uptrend wave still have a chance to sustain toward 59.60 as we advised last week from another hand any break below 56.80 may set more drop correction movement to re-test support…
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As we see over the chart , USDJPY facing Intraday resistance at 113.20-30 where as long as market holding below another drop wave toward 111.50 will be expected Above 113.30 more advance toward 114.30-40 zone is expected Below 110.85…
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GBPUSD managed almost to hit target 1.3560 last week Short-Run showing a trading zone between 1.3220-40 support and 1.3620-60 resistance Intraday showing that as long as market holding trades above support 1.3320-40 another advance…
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Euro managed to hold a trading zone between 1.1800 and 1.1940-60 zone As we see over the chart, EURUSD facing first Intraday resistance at 1.1880 where as long as market holding below the downtrend pressure will sustain toward 1.1715-30…
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XAUUSD intra-day analysis XAUUSD (1275.40): Gold prices continue to remain flat with price action showing strong consolidation near the 1274 level of support. Failure to establish a clear trend suggests that the sideways price action…
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USDJPY intra-day analysis USDJPY (112.49): The U.S. dollar rose to a one-month high yesterday but price closed bearish towards the end of day. Failure to maintain the gains saw USDJPY reversing gains below the 113.00 handle. We expect…
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Daily Forex Market Preview, 05/12/2017 The British pound was seen trading volatile as the currency pair gave up the gains intraday. This came after news reports emerged that the UK and the EU talks ended inconclusively. The British PM…
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