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The EurUsd is still falling, however, the bearish movement is losing its momentum, as the parity was gaining support around the 1.05933 support level. Breaking out 1.05685 will send the EurUsd south, where it will seek lower lows around 1.051050, with 1.05352 as a primary objective. The Main Trend remains bearish ahead of the ECB's meeting on the 3rd of...

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The GbpUsd continued, last Friday, ending the week in the red. The cable visited the 1.5038 support level, as it has broken out the flag, highlighted on the chart. The cable should at least flirt with the 1.49595 support level, about 60 pips from last week's close price. The cable will have 1.50671 as a resistance, as a throwback may occur. Nevertheless,...

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Crude Oil failed to continue the bullish market as it has failed to breakout 43.66, which would have sent it seeking 44.4. An opening in a bearish gap, coupled to a breakout of 42.29, will send oil seeking 40.26, with 41.72 as a primary objective. Oil will have 42.82 as a resistance, which breaking out will send Oil seeking 43.45. The daily Pivot Point is around...

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The S&P500 was still consolidating yesterday. Opening in a bullish gap, or a breakout of 2093, will send it seeking higher highs around 2127.02, with 2113.76 as a primary objective. Breaking out 2079.84 will send it south, back to 2066.69. The mid-term trend is still bullish as long as 2031.79 is a support, with 2127.02 as an objective. The daily Pivot Point...

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The CAC40 ended, yesterday, a bullish market after a long bearish streak, which has sent it back seeking 4936.87, a critical level, which breaking out will send it seeking higher highs around 5004. The CAC40 bounced on its Orange trend line, proving that the main trend remains bullish, unless the Orange trend line is sold. Breaking out the Orange trend line will...

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Gold is still in a bearish market, as the bounce of last week turned out to be a technical bounce, as Gold was unable to breakout 1083.75 level. A breakout of 1075.76 will send Gold south back to 1062.95, with 1069.93 as a primary objective, with 1081.68 as a resistance. Failing to do so will send it back to re-visit 1083.75. The daily Pivot Point 1080.66....

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The CAC40 closed in the red for the fourth consecutive session. Yesterday, the benchmark found support around its main trend line in Orange, as it has closed around it. Breaking out the Trend line in Orange, will send it back to 4783.96, which breaking out will send it seeking further lows around 4753.8. Failing to maintain the bearish market, will send it...

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The CAC40 is extending its losses, as it has closed in the red for the third consecutive session. The CAC40 is leaning back on its EMA20, which forms a major support zone, alongside its 4850.17 support level. It will find strong support around that area, as volatility is decreasing, and the trend is still bullish, with 4850.17 as a support level. An opening...

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Crude Oil was flirting with the 42.55 dollars level on Friday, but failed to breakout that level. The trend remains bearish as Oil was not able to breakout 42.55. An opening in a bearish gap will send it south to seek 40.26, should it breakout 41.37. An opening in a bullish gap will send it re-visiting the 42.55 level, which breaking out will send it towards...

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The S&P500 ended its third bearish streak, last Friday. The Bearish market sent the S&P500 to the 2021.3 level down from 2102.63. Although American reports are beating estimates, in general, they were not able to lift the gauge up or to prevent it from falling, as it remains very sensitive to macroeconomic news coming from China. It seems that investors are...

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The CAC40 managed to close the bullish gap of the 23rd of October. It was also able to breakout the Major Support Zone, which consisted of the Gap, the benchmark's EMAs and the 4850.17 support level. The environment is still the same, with a high probability that the ECB's Mario Draghi would make a step further towards a more expansive monetary policy, increasing,...

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Gold broke out the 1083.75 support level, which sent seeking 1062.95. Gold will continue its downtrend towards 1062.95 as long as 1074.33 is a resistance. The daily Pivot Point is 1073.69. The daily support levels are around 1062.1 and 1054.10. The daily resistance levels1081.69 and 1093.28.

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The GBPUSD has been rallying for the past 3 sessions. It is currently seeking its 1.52409 resistance level. The positive unemployment numbers have strengthened the cable against the dollar. The cable will have 1.52666 as an objective, should it breakout 1.52409. Failing to breakout 1.52880 will send it back to 1.50914, with 1.51796 as a primary objective. The...

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The EurUsd made entered a bearish market on the background of the ECB's meeting. The overall chart is very bearish and the EurUsd seems to be heading towards 1.06948 with 1.09315 as a primary objective.

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Yesterday, Oil ended its sixth bearish session. It is currently leaning on its 42.55 support level, which is a critical level. Oil will move downward toward 40.26, with 41.84 as a primary objective, should it breakout 42.55. Oil will have 43.57 as a resistance level, today. Breaking out this level will send it back to 44.4, with 43.9 as a primary objective....

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The trend has been bearish on the XAUUSD since the 28th of October. The Commodity is currently hanging on its 3 months support level, a level it has breached several times during the past two sessions. The XAUUSD will head towards 1062.95, with 1074.34 as a primary objective, should it breakout 1079.58. The XAUUSD will head back to 1094.06, with 1103.82 as an...

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The CAC40 closed another session in the red as a part of a strong correction that has sent it back to 4850.17. The current trend is bearish and the benchmark is hovering on its EMA20, where it will find some support. As a matter of fact it is entering a major support zone, which consists of the 4850.17 support level, the bullish gap highlighted on the chart, and...

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The EurUsd is still far from getting out of the bearish market, which was triggered by the pursuit of the ECB's monetary easing and Open market strategies about few weeks ago. Last Friday's Jobs report made things worse for bulls. The current trend remains bearish with 1.05933 as an objective, and 1.0694 as a primary objective. It will have 1.07909 as a...