Crude was not able to surpass pivotal resistance that is represented in support for the previously breached bullish channel, trading is stuck below this resistance currently at 79.50, above the retest level for the bullish pattern shown...
Market Review – 23/07/2010 22:34 GMTEuro ends mixed in roller-coaster session after European stress-test resultsThe single currency went through a roller-coaster session on Friday, price initially traded calmly in Asia ahead of the much-awaited European stress-test results...
This currency pair is now trading in the flat, limited by 130.80-133.29. The break out of the flat will show the direction of the impulsive wave C of the intermediate trend.
EURUSDThe pair attempted to breach the support for the rising wedge once again, but reversed strongly to the upside with clear bullish momentum. We recommend observing trading today, especially as we await the stress tests results later today...
Crude is attempting to revisit the retest level mentioned this morning around 78.50, supported by negativity from momentum indicators; therefore our expectations remain intact, keeping in mind that crude must build a base above 77.40 to maintain our...
USD/JPY Open 87.16 High 87.21 Low 86.36 Close 86.92 Dollar/Yen resumed increasing on Thursday, in converse with the negative Interbank sentiment at around -4%. The currency couple appreciated from 86.36 to 87.18 yesterday, closing the day at...
After recording the bottom over medium term basis at 22.72, the share started an upside correction extending beyond the 23.6% correction and currently near 38.2% at 26.10.
GBP/USD Open 1.5269 High 1.5294 Low 1.5151 Close 1.5256 On Thursday Pound/Dollar sharply rose, in line with the positive Interbank sentiment at nearly +12%, staying within this week’s range. The Cable appreciated from 1.5151 to 1.5291 yesterday,...
Crude has pushed to the upside breaching pivotal horizontal resistance around 78.50 and expect at the retest level for the previously breached rising wedge that has currently turned into resistance at 79.60. Momentum indicators are showing negative...
EURUSDThe pair returned within the support for the previously breached rising wedge and above resistance for the bullish channel that represents the medium term bullish direction. This makes chances of returning the bullish trend returning within the...
