Quick idea. Brent oil spiked overnight, but remained below the 68.40 barrier. Now the bulls are trying to push the price above that barrier, as concerns over the global oil supply have increased, due US air strikes. From the technical side, if we see at least a 4-hour candle close above that 68.40 barrier, this may attract more buyers into the game. Please see...
Quick idea. AUDUSD bulls are having a good time right now and they are pushing the rate above the 200-day EMA. This year has not been the best for the bulls, as from around the end of January 2019 the pair was on a gradual slide, struggling to make its way above the 200-day EMA. We are now looking for a throwback in order to look for a possible LONG. But we will...
Quick idea. This is pretty straight forward. We are waiting for a break through one of the highlighted areas, before examining a possible further short-term directional move. Please see the chart for details. Don't forget your stop-loss.
Quick idea. EURUSD showed a fantastic move on Friday, but today we are seeing a bit of correction, which is quite normal, given the steep upmove. If the rate remains above the 1.1183 territory, then we will aim for more upside. Please see the chart for levels and targets. Don't forget your stop-loss.
Quick idea. Interesting setup on Bitcoin Cash. The crypto is coiling up, so that's why we are waiting for a breakout through one of the highlighted areas first, before we could examine a further short-term directional move. Please see the chart. Don't forget your stop-loss.
Quick idea. The pair is near its key support, at around 1.5968, which is also the lowest point of November. The bulls seem to be trying hard right now to keep the rate above that level. If that level eventually surrenders and breaks, this would attract more sellers into the game and a further decline would be possible. If the pair is able to climb back above the...
Quick idea. It looks like GBPNZD had found a bit of support, but the bulls are still cautious. This might present itself with an opportunity to move higher, but first we would like to see a clear break above 1.9570 area and aim for slightly higher areas. On the other hand, if this is just a temporary pause before a further slide, we will consider this scenario if...
Quick idea. USDJPY is coiling up. But the exit might not be a major move, as the pair still has some important barriers to overcome. Please see the chart for levels, and targets. Don't forget your stop-loss.
Quick idea. AUDCAD is stuck near its key barrier, at 0.9120. We are waiting for a break above that barrier before examining a further move up. If that level holds, then a drop below the 0.9082 could send the pair back down again. This might confirm that AUDCAD is currently stuck inside a wide range, roughly between the 0.9120 and 0.8960. Please see the chart for...
Quick idea. Gold managed to break above its medium-term downside resistance line, but is struggling to move above the current high of December, at 1487. We need a clear push above it before we could get comfortable with further upside. Please see the chart for levels, targets and the alternative scenario. Don't forget your stop-loss.
Quick idea. After a strong slide, the bulls have found refuge just slightly above the 1.04 territory. For now we are playing the waiting game, as we need to see a break or a close of at least a 4-hour candle outside of that little range. Please see the chart for details. Don't forget your stop-loss.
Quick idea. Finally the bulls have pushed the pair above its short-term downside line. But in order to get comfortable with further upside, we need GBPNZD to stay above the 2.0156 barrier. If so, then we will start aiming for slightly higher areas. Please see the chart for details. Don't forget your stop-loss.
Quick idea. EURCHF is testing its key support area. If we see a close at least of a 4-hour candle, then this could lead the pair lower towards its medium-term upside support line. In order to get comfortable with the upside, we need a break back above the 200 EMA. Please see the chart for details. Don't forget your stop-loss.
Quick idea. Given that the pair has broken its key short-term resistance, the question here, can it remain above it by the end of the day. If so, this may lead the rate further north, possibly targeting some of the recent highs. Please see the chart for details and the alternative scenario. Don't forget your stop-loss.
Quick idea. Platinum is balancing between between a few important levels. Wait for a break through one of the highlighted areas first. Please see the chart for details. Don't forget your stop-loss.
Quick idea. Silver is once again near its key support area, which is also the lower bound of the range. In order to consider further declines, a break below that area is needed. Please see the chart for details and all the short-term scenarios. Don't forget your stop loss.
Quick idea. The pair is trying to move back to the highs of this week. But in order to consider this idea, we need a push above the 0.6765 first. This way the rate would also be placed above all of its EMAs. Please see the chart for levels, targets and the alternative scenario. Don't forget your stop-loss.