The silver markets rose slightly during the sessions over the past week, but as you can see that $22 level is an area that has caused resistance previously...
The IBEX fell during the course of the week, but found the €10,900 level to be supportive enough to keep the market somewhat afloat. Because of this, we feel that the buyers will stepping sooner or later, but also recognize that the €10,700 level is much more supportive...
The Italian index looked a bit soft during the course of the week, closing towards the very bottom of the range. This suggests that the market could continue to fall from here, and that’s course reasonable considering that there is a massive gap below that has yet to be filled...
The gold markets had a slightly positive week over the last five sessions, but that being the case the market continues to look a bit ported. Nonetheless, we believe that this market should eventually go higher, and head to the $1400 level...
The Canadian dollar rose to almost six-month highs against the U.S. dollar on Friday, after a strong inflation report the previous Friday eased concerns over the subdued inflation outlook...
The pound remained supported above the 1.70 level against the dollar on Friday, trading within striking distance of six-year highs amid heightened expectations for a U.K. rate hike before the end of the year...
The dollar fell to one-month lows against the firmer yen on Friday as upbeat U.S. consumer sentiment data failed to bolster the outlook for the wider recovery after data earlier in the week showed that first quarter growth was revised down sharply...
The dollar fell to five-week lows against the Swiss franc on Friday, despite improved U.S. consumer sentiment data after poor economic reports earlier in the week undermined the outlook for the broader recovery...
GOLD TECHNICAL ANALYSIS Prices are treading water after launching sharply higher last week to challenge resistance at 1321.64, the 38.2% Fibonacci expansion. A break above this barrier targets the 50% level at 1346.78. Alternatively, a turn back below the 1300/oz figure aims for the 1277...
The New Zealand dollar ended Friday’s session close to a 34-month high against its U.S. counterpart, as upbeat U.S. consumer sentiment data failed to dispel concerns over the outlook for the wider economic recovery. NZD/USD hit 0...
The dollar ended the week lower against a basket of major currencies on Friday as upbeat U.S. consumer sentiment data failed to dispel concerns over the outlook for the wider economic recovery. The final reading of the University of Michigan's consumer sentiment index rose to 82...
S&P 500 TECHNICAL ANALYSIS Prices turned lower as expected after putting in a Shooting Star candlestick coupled with negative RSI divergence. Sellers are testing the 14.6% Fibonacci retracement at 1944.50, with a break below that on a daily closing basis exposing the 23.6% level at 1930.20...
The NASDAQ broke higher during the course of the week after initially testing the 4350 level, thereby forming not only a hammer, the closing just below the 4400 level. This area looks rather good to go, as we have broken to a fresh, new high...
Fundamental Forecast for Pound: Bullish EUR/GBP, GBP/CHF Flags Ready for Liftoff as Carney Signals Policy Shift GBP/USD Diagonal Line Still in Focus above 1...
The GBP/USD pair broke down a little bit during the course of the week, but as you can see the 1.70 level has in fact offered enough support to form a hammer now, and that of course suggests that the market is going higher...
The DAX as you can see fell during the course of the week, testing the €9800 level. However, we found enough support towards the end of the week in order to stop falling, and we are certainly approaching a significantly supportive area...
CRUDE OIL TECHNICAL ANALYSIS Prices remain in consolidation mode below resistance at 107.19, the 23.6% Fibonacci expansion.A daily close above this barrier initially targets the 38.2% level at 108.49. Alternatively, a reversal below the 23.6% Fib retracementat 105...
FX Volatility is at historically low levels Range trading strategies tend to work well in low volatility environments JW Ranger Strategy can help you time entries on range bound currency pairs Forex volatility has been slowing down over the past several months...
US DOLLAR TECHNICAL ANALYSIS Prices remain in a precarious position as prices continue to hover above multi-year rising trend support set from July 2011. This barrier (now at 10401) is reinforced by a falling Wedge formation bottom...
I want to show a picture which shows the indicator Pivot Channels for the pair AUDNZD. It seemed very interesting. To give just screenshots and Statistics channels...
