CRUDE OIL: The commodity has extended its bull pressure as it looks to build up on it further. On the downside, support resides at the 47.50 level where a break will expose the 47.00 level. A cut through here will set the stage for a run at the 46.50 level. Further down, support resides at the 46...
After yesterday, marked by sluggish dynamics and low volumes, today we see an increase in volatility and the resumption of a decline in the US dollar. The continuing tension in the Asia-Pacific region continues to stimulate purchases of assets-shelters, such as gold, yen, and franc...
//+------------------------------------------------------------------+ //| Calculate all pending orders for currebt symbol | //+------------------------------------------------------------------+ int CalculateAllPendingOrders() {...
USD/CHF The pair reached the local support in the area of 0.9550. Technically, a confident breakthrough below will speed up the sale, however in the long term the main support is at the level of 0.9450. USD/JPY The pair fell to 109.30 today and may move beyond the level of 109.00...
USD/JPY The pair closed at 110.25 on Friday, but this morning it was opened with a fall. A quick and strong recovery from the low seems to be able to close the gap, but a stable move above the 110.25 seems unlikely. Support is located at 109.50, followed by a minimum of 109.30. EUR/USD...
Gap lower. (By Peter Rosenstreich) • Bitcoin has set a new all-time high but declined today confirming increasing selling pressures. Monitor the key support at 4480. Strong support...
Challenging the key resistance at 47.15. (By Peter Rosenstreich) • Crude oil is showing some buying interest near key support at 45.46. Strong resistance can be found at 50.41 (31/07/2017). Hourly support is...
Bulls take-out resistance at 17.75. (By Peter Rosenstreich) • Silver has broken its key resistance at 17.75 opening the way for a test of the strong resistance at 18.65 (17/04/2017 high) while...
Dominate bullish pressure. (By Peter Rosenstreich) • Gold is strengthening with a sizable bullish gap on at the open. Hourly support is given at a distance 1251 (08/08/2017 low). Stronger support...
Uptrend line holds. (By Peter Rosenstreich) • EUR/CHF uptrend is supporting the pair bullish momentum. Hourly resistance lies at 1.1538 (04/08/2017 high). Hourly support is located at...
Monitor the key support at 0.9142 (By Peter Rosenstreich) • EUR/GBP's has weakened thru uptrend but support at 0.9142 should hold. Hourly resistance lies at 0.9306 (29/07/2017 high). Hourly support is...
Rising towards the strong resistance at 0.7986. (By Peter Rosenstreich) • AUD/USD has bounced off uptrend support, opening the way for a test of strong resistance at...
Trying to bounce near the old support at 1.2414. (By Peter Rosenstreich) • USD/CAD selling pressures are back after breaking hourly support at 1.2414 (27/07/2017...
Bouncing. (By Peter Rosenstreich) • USD/CHF is trading mixed with strong volatility. Strong resistance is given at 0.9771 (15/06/2017 high). The pair is likely to head...
Preparing to challange support. (By Peter Rosenstreich) • USD/JPY further declined today confirming increasing selling pressures. The pair has failed to test resistance at 111.05 (04/08/2017 high...
Grinding higher. (By Peter Rosenstreich) • GBP/USD is recovering after its recent massive sell-off. Monitor the test of resistance at 1.2995 (01/09/2017). Hourly support is given at 1.2774...
Consolidation. . (By Peter Rosenstreich) • EURUSD is consolidating after massive bullish rally. Hourly resistance can be found at 1.2070 (29/08/2017 high) while hourly support lies at...
The GDP growth in the UK this year has significantly slowed. Economic growth in the 1st and 2nd quarters was half that of the last three months of 2016...
The New Zealand dollar remains in the medium-term bearish trend. Another correction came to an end last week, a new impulse wave is developing. The nearest mid-term pullback selling opportunity may appear this week. NZDUSD. Technical analysis and COT net position indicator...
