Technical analysis: Intraday Level For EUR/USD, Aug 27, 2018

Technical analysis: Intraday Level For EUR/USD, Aug 27, 2018

When the European market opens, some Economic Data will be released such as German Ifo Business Climate. The US will not release any Economic Data, so amid the reports, EUR/USD will move in a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Breakout BUY Level: 1.1701. Strong Resistance:1.1694. Original Resistance: 1.1683. Inner Sell […]

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Technical analysis on Gold for June 25, 2018

Technical analysis on Gold for June 25, 2018

The Gold price has started the week under pressure retreating from the $1,270 area back towards $1,265. The Gold price remains in a bearish trend. Gold price is expected to bounce at least towards $1,285-$1,295 area once it breaks above $1,273. Magenta lines – bearish channel Green line – long-term support Red line – long-term […]

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Technical analysis: Intraday Level For EUR/USD, June 22, 2018

Technical analysis: Intraday Level For EUR/USD, June 22, 2018

When the European market opens, some Economic Data will be released such as Belgian NBB Business Climate, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash Services PMI, and French Flash Manufacturing PMI. The US will also release the Economic Data such as Flash Services PMI, and Flash […]

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Technical analysis on USD/JPY for June 20, 2018

Technical analysis on USD/JPY for June 20, 2018

The USD/JPY pair has held support at 109.50 and bounced back above the 110 level. USD/JPY has broken the bullish channel and is now back testing the breakdown area of 110.40-110.20. Blue lines – bullish channel The USD/JPY pair bounced off the lower cloud boundary. Price reached the upper cloud boundary which is short-term resistance. […]

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Technical analysis on Gold for June 11, 2018

Technical analysis on Gold for June 11, 2018

Gold price has broken above the medium-term trend line resistance, back tested it but still remains inside the $1,307-$1,290 trading range. We continue to be bullish on Gold, expecting at least a bounce towards $1,320-30. Yellow line – medium-term resistance Magenta lines – trading range Green line – target Gold price is trading above the […]

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Technical analysis: Intraday levels for EUR/USD, June 07, 2018

Technical analysis: Intraday levels for EUR/USD, June 07, 2018

When the European market opens, some economic data will be released such as French 10-y Bond Auction, Spanish 10-y Bond Auction, Revised GDP q/q, Italian Retail Sales m/m, French Trade Balance, and German Factory Orders m/m. The US will release a series of economic reports too such as Consumer Credit m/m, Natural Gas Storage, and […]

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