Technical Articles

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EUR/USD - Where Could We Go Next?
1 year ago

EU retail sales is never a major mover of the EUR, but under the circumstances, could at least weigh little to cause some underperformance in the crosses. EUR/USD looks tired on the downside, so we are more likely to see a...
1 Comments 29307 views

Recap: US indices Traded In The Green Yesterday As The Tech Sector
1 year ago

US indices traded in the green yesterday as the tech sector outperformed, as the Nasdaq closed at record highs. In the Asia Pac area we have traded mixed, the Shanghai Comp. (0.48%) and Nikkei (0.27%) both traded in the black...
0 Comments 29916 views

Oil Breaks Support Level - 0.81% Lower On Today's Session
1 year ago

Goldman Sachs commented on oil markets this morning saying 'Robust US Oil Demand Trends Continued In March, Overall Demand Rose By 2.6% (Estimate 1.0%)' and looking forward they see 1.8 Mn BpdIn 2018 Gl...
0 Comments 29761 views

US Dollar Pullbacks With Expectations Of A Retracement
1 year ago

Markets have stumbled back into action today more than anything else, with the USD pullback testing some acknowledged levels against the majors but running into good support as rate differentials remain a key driver for some....
0 Comments 30663 views

Copper Is Trading 0.20% Higher This Morning
1 year 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...
0 Comments 30657 views

Oil collapses from highs, expecting $64.30 to be achieved
1 year 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 ...
0 Comments 34456 views

Gold has suffered from the strength in the US Dollar
1 year 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...
0 Comments 34800 views

Little reason to shy away from USD
1 year 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 ...
0 Comments 33494 views

The tide has certainly turned in the EUR/USD...
1 year 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...
0 Comments 36188 views

Gold is looking at continuing its recent decline to reach $1200
1 year 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...
0 Comments 37242 views