Technical Articles

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Copper Is Trading 0.20% Higher This Morning
9 months ago

Asian shares made a move in the right direction as they react to last weeks jobs report, shrugging off negative sentiment from the trade wars. The Nikkei performed well rising 1.39%, ASX 0.59% and the Shanghai Comp. 0.60%, wi...
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Oil collapses from highs, expecting $64.30 to be achieved
9 months ago

Spot WTI has fallen heavily from highs since there has been a suggestion of OPEC removing the production cuts. At key support points, there have been bids entering the market which does suggest that traders are looking for a ...
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Gold has suffered from the strength in the US Dollar
9 months ago

Gold has suffered from the strength in the US Dollar of late and a strong payroll report didn't do much for the precious metal either. Moves to the upside are favorable if the trendline in the chart holds. Having said tha...
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Little reason to shy away from USD
9 months ago

The USD looks slightly toppy at these levels but that's not to say it will not retest the highs. Any close below 94 would be a strong indication that the market is fed up with the strong USD narrative.  The 95 level ...
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The tide has certainly turned in the EUR/USD...
9 months ago

Above is the daily chart and below is the weekly, currently they are painting two different pictures. From a technical perspective, the daily is looking like a trend following the pattern and a close on Monday below...
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Gold is looking at continuing its recent decline to reach $1200
9 months ago

What a run GOLD has embraced. After a breakout through the $1325 weekly res level with the most responsive retest as support, Price has rallied through the major $1350 level into a new and all-important supply region. Make...
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