On this area we could see a good price-start movement. If you were to go below the minimum, the situation would change completely, with the entrance of new market vendors.
GBP/CHF made the breakout of the bullish channel, returning again marked on 1 December highs. If the breakout would confirm, it might be a good opprtunità for long inputs. My suggestion is to wait for a confirmation, because a return inside the channel would change all the technical framework of the hourly chart, providing in terms of sales transactions...
EUR / AUD has made the breakout of the bearish channel on a 1H timeframe. At the moment the price shows weakness as regards the restart movement, but must be monitored carefully. A return to the area 1.4610 / 1.4620 would be a first signal to start thinking of buying the euro.
The change USD/CHF is currently in a phase of congestion. The primary trend remains bullish, but a real breakout of the support zone may still be a good opportunity to operate against the trend, for short-term operations. Assuming this movement, the price could see down into 1.0020 area as the first target, 0.99800 as the second target.
The change AUD/CAD has broken up with force a major long-term dynamic support. Follow the market carefully in the 1,0100/1,01500 area, because a short signal could provide optimal entry for sales.
The dynamic support, has arisen from the lows reached by the prices in March, sees right now testing its trendline. Although it seems to have been a breakout, it is important to follow developments in this area. The intersection of both levels should prompt us to monitor the market with extreme attention, precisely because of this area could have important...
In 30 minutes we will have the statement of the Interest rate for the New Zealand. NZD / CAD strong shows indecisiveness on the dynamic resistance, going to create a range market in the area 0.97800 / 0.98500. The return below the dynamic resistance could be a false signal. Suggested to wait until the release of this important data before working in the market.
American are still ongoing presidential, but judging from those that are temporary results Trump appears to be in the lead. The US stock markets price the news with breakout of important levels of short-term support. Analyzing the NASDAQ, we can witness the breaking of the support area in 4680-4700, an important area for the mid-term trading and the maximum year...
The AUD/USD shows clearly what are the key areas to be monitored. In previous octaves we saw resistance at 0.7700 always reject prices force. Despite all ,the market continues to be purchased every time prices from attempting a new descent, going to bounce on the long-term dynamic support. It is important to watch what will happen with the US elections, as a...
Congestion should be due to the expectation of major market movers. If we do not have clear breakout signals with NFP, it is recommended to wait for the day of Tuesday, November 8, the US presidential election.
EUR/USD returned at 1.1100 to 1.1130 area. This area is crucial for the negotiation of the currency pair on mid term. Probably the data regarding US monetary policy will bring clarity on the movements of EUR / USD, which could see a negative test, or an appreciation of the quote.
Oil made the breakout of a long-term dynamic support. It is important to wait for confirmation, especially in view of the stock data and Federal Reserve
After touching the $ 51.91 price per barrel, oil has seen liquidations of profits, returning again in 46.50 area. This price zone is very important, because it meets the dynamic support formed by the beginning of August. It will be crucial to see how prices react to this key level, especially with the release of data on oil stocks on Wednesday and the...
Dow Jones index clearly shows a strong indecision. We have confirmation of this by price movement, who sees from the beginning of September a compression area from 18,170 to 18,200 points. This is due to buyers who buy at increasingly high prices, and sellers liquidating their positions at ever lower prices. All this has created a compression of price and...
New bounce on annual support. Copper bounced back again to the important annual dynamic support. This raw material is returned back into the price squeeze. It is priced in dollars, will definitely important to see his reaction to the Fed meeting on November 2 and the US presidential election. These two events could lead to breakout of the triangular figure,...
Gold attempts of restarts. After the breakout area of 1,300$ -1310$, this commodity tries to reconstruct a new start up. We provide these indications the price movements, indicating a weak reconstruction of long positions in the area 1,250$ -1,270$. The exponential moving averages converge in this area, providing a second but important signs of this...
DAX shows us perfectly the key levels of the last quarter. From early August until the present date, DAX showed perfectly the key levels for its negotiation. We have a support to 10,300, while the resistance to 10,750. A breakout could provide a great trading occasion in mid-term perspective.
Oil breaks a short term support level. The long-term trend remains bullish.