intraday

The euro is posting only some modest gains on Tuesday as price rose over 0.50% intraday. Following the breakout off the previous pivot highs near 1.0947, the euro stretched the gains to highs of 1.0971 before pulling back slightly.…

Gold prices are holding steady after rising above the 1600 level. Support is being tested near the 1594 level currently. If the support holds, then we expect price action to rise to the 1655 level. This will mark a full completion of…

WTI Crude oil prices are holding steady despite retracing some of the gains from earlier in the week. Price action is currently forming a higher low above the 22.00 handle. The trend line needs to be breached to confirm the upside.…

The British pound made some modest gains on Tuesday but price action fell sharply intraday. However, prices are now recovering from the intraday lows of 1.1639. Overall, GBPUSD remains range bound within 1.2000 and 1.1497. The…

The euro is rising gradually with the gains coming at a modest pace. After breaking out to the upside above 1.0787, price action is holding above this level. As long as the support holds, we expect the next move to be toward 1.0900,…

The precious metal made solid gains on Monday, rising close to 3% intraday. The gains came as the Fed announced its open-ended asset purchases. Technically, the rebound is, however, met with a hidden bearish divergence. This means…

Crude oil prices are modestly weaker, down over 5% on the day. This comes as price action is back to testing the support level of 22.00. Given that this is a key price level, a break down lower could trigger further losses.…