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As it was reported today during the Asian session by the Reserve Bank of New Zealand, the confidence index in the business circles of New Zealand in December is still deep in the negative territory and amounts to -37.8% (in November the value of the index was -39.3...
18.12.2017 GBPUSD British pound managed to test 1.3300-20 zone last week while Intraday levels showing a trading zone between 1.3300 and 1.3390. As long as market holding below 1.3390 the downtrend pressure will sustain over market toward 1.3220-30 zone. Above 1...
Do you know that as everyone begins to wonder how to buy an asset – this is a clear signal – time to sell! For you, notes of a currency speculator dealing with short-term positions trading in the Forex market. Week 51/17 (18/12 /20 17-24 / 12/2017...
USDCHF: The pair faces further downside pressure after it triggered a correction during early trading today. On the downside, support lies at the 0.9850 level. A turn below here will open the door for more weakness towards the 0.9800 level and then the 0.9750 level...
20k on target. (By Yann Quelenn ) • Bitcoin's bullish momentum is far fom over. The technical structure has shown a tremendous positive short-term momentum. Hourly support...
Ready for another leg higher. (By Yann Quelenn ) • Crude oil is has failed to break resistance given at 59.05 (24/12/2017 high). Support is given at 55.82 (07/12/2017 low). Expected to bounce back...
Short-term bullish. (By Yann Quelenn ) • Silver has been bouncing on hourly support at 15.61 (14/07/2017 low). Hourly resistance is given at 16.15 (13/12/2017 high). Expected to show...
Starting a new bullish momentum. (By Yann Quelenn ) • Gold is consolidating after the strong collapse even though traders are taking some profit. . Hourly support is given at 1236 (12/12/2017 low...
Monitoring uptrend channel. (By Yann Quelenn ) • EUR/CHF is testing support implied by the lower bound of the uptrend channel. Hourly resistance is given at 1.1737 (01/12/2017 high...
Sideways price action. (By Yann Quelenn ) • EUR/GBP is trading slightly lower. The pair is trading between support at 0.8689 (08/12/2017 low). Resistance is located at 0.8867 (05/12/2017...
Pushing higher. (By Yann Quelenn ) • AUD/USD's upside pressures are growing. Hourly resistance is given at a distance at 0.7695 (15/12/2017 high). Support stands at 0.7502...
Monitoring 1.29. (By Yann Quelenn ) • USD/CAD is testing hourly resistance at 1.2917 (27/10/2017 high). Expected to show continued buying pressures...
Riding downtrend channel. (By Yann Quelenn ) • USD/CHF is trading lower. Yet, the technical structure indicates further downside risks. The pair has failed to hold consistently above the...
Ready for another leg lower. (By Yann Quelenn ) • USD/JPY is ready to push lower. Hourly resistance is given at 113.75 (12/12/2017 high) while hourly support is given at 112.03...
Riding short-term downtrend channel. (By Yann Quelenn ) • GBP/USD continues to move lower within downtrend short-term channel. The technical structure indicates further weakness. Support is...
Consolidating above 1.1700. (By Yann Quelenn ) • EUR/USD's short-term bearish momentum has abruptly ended. Hourly resistance is given at 1.1961 (27/11/2017 high). Hourly support given at...
After the RBA kept the interest rate at the current level of 1.5% at the beginning of the month, the Australian dollar strengthened its decline. In the accompanying statement of the RBA it was stated that "interest rates correspond to the goals in relation to GDP, inflation...
EURUSD: The pair closed lower after reversing its earlier gains for the week. On the upside, resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
