With the previous swing low seen at 132.04 and bespoke support at 132.15, we would not look to sell at current level. A correction from this support is likely to be limited and potentially form a bearish Head and Shoulders formation. We… Read More
Looks to be forming an Ending Wedge. Plenty of scope for movement within the pattern before a breakout. Current trend line support seen at 1.9300. A clear break there and the immediate target is 1.8905 Read More
This week we are looking at the FTSE Index.
Check out our weekly Trade Idea and tap into the market trend!
Disclaimer: This material is intended for marketing/information purposes only and does not contain, and should not be… Read More
The chart highlighting levels under 0.8714 (last week’s Marabuzo) attracting buyers. We look for losses to be limited as we move higher in an AB=CD formation (corrective) Read More
Bearish divergence can be seen on the weekly chart (chart makes a higher high while the oscillator makes a lower high) with a bearish Outside Week posted, often an indication that a top is in place Read More
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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Looks to be forming a bearish Head and Shoulders. With the one-hour chart highlighting a DeMark 12 (13 is exhaustion) we look to sell into any further rallies. Read More
Holds within a corrective channel formation. Although we have seen a reaction higher from the channel base, a full AB=CD formation is located at 103.50 Read More