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AUDUSD: AUDUSD closed strongly higher the past week leaving risk of further strength in the new week. While it can trade and hold above its broken resistance turned support at 0.7279 level, we think more gain should occur. On the upside, resistance lies at the 0.7400 level...
First, a review of last week’s predictions: - as expected, EUR/USD spent the week within the indicated boundaries. The bulls had a distinct advantage and, after two failed attempts on Thursday, they managed to break through the first resistance level of 1...
Here’s the market outlook for this week: EURUSD Dominant bias: Bullish EURUSD went north last week - closing above the support line at 1.1350, which seems to have ended the recent choppy movement in this market...
EURUSD: Having EUR closed strongly higher the past week, it now looks to extend that strength towards its key support zone at 1.1459. We may see price hesitation at this level or even a pullback. Support lies at the 1.1300 level where a violation will aim at the 1.1250 level...
Sales of Apple’s latest iPhone, the 6s and 6s Plus, are off to a good start after record initial demand...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
CRUDE OIL: The commodity closed strongly higher the past week holding above its key resistance at 49.30 and opening the door for more strength in the new week. However, we may see a pullback as a rejection candle is now seen on the daily chart after its Friday negative close...
Cars like Tesla's “Model X” are unthinkable without lithium-ion batteries, and so are almost all of our battery-powered electronic devices. However, these batteries do not only contain lithium as the cathode material...
USDCHF: The pair saw a follow-through lower the past week on the back of its previous week losses. This development leaves it weak and vulnerable to the downside in the new week. On further weakness its key support located at the 0.9527 level will be targeted...
Mike McGlone, head of research for ETF Securities, says in an interview with Kitco News that precious metals demonstrate strong performance in the generally weakened commodity sector, and silver is leading the pack...
Weekly price is located below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish market condition with the secondary ranging within 1170.06 key resistance level and 1077...
EURUSD: EUR rallied strongly during Friday trading session leaving risk on further upside. It faces a bigger overhead resistance standing at the 1.1433 level, representing its September 18 2015 high. However, immediate resistance resides at the 1.1400 level. On the upside, resistance is seen at 1...
H4 price was on breakout which was started today in the morning: the price broke Ichimoku cloud together with key resistance levels, and it was stopped by 1.1378 resistance with 1.1459 as the next bullish target. The nearest support levels are 1.1237 and 1.1134 as the next one...
Oil has been surging this week but Goldman Sachs is warning the rally will not last, as no fundamentals changed...
W1 price is above 200 period SMA (200 SMA) and above 100 period SMA (100-SMA) for the primary bullish market condition with secondary ranging between Fibo resistance level at 125.87 and Fibo support level at 180.38: The price is floating within 23.6% Fibo resistance level at 183...
Had mentioned about a rethink, if the gold price crosses previous month's high. https://www.mql5.com/en/blogs/post/651162 Expected it to cross on that day itself...
