Stuart_Cowell

Stuart_Cowell

Gold experienced extreme volatility. It broke the triangle formation upwards testing again the 2009 USD resistance level before it finally reversed suddenly with a drop to 1975 USD/oz. This reversal could create an opportunity for a retracement as per the arrow and back to the 61.8% of the downwards move. __________________________ Information Regarding...

Stuart_Cowell

It is apparent that the EURUSD reversal to the downside raises question's regarding a follow up retracement to the upside. EURUSD is teasing us here with the Fibo tool fitting nicely on the chart. Let's see. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...

Stuart_Cowell

It is clear that the NAS100 has broken another consolidation phase and moved to the downside rapidly yesterday. This is an unusual crash intraday and considering the volatility of stocks, the index is expected to retrace before crashing further back to the 61.8%. It could be the case that this support is going to break instead. However the risk-reward ratio at...

Stuart_Cowell

It seems that Crude moved rapidly upwards, a reversal that crossed the MA on its way up. Retracement is almost impossible not to take place considering oil's volatility. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is...

Stuart_Cowell

Possible breakout downwards as per the chart. Retracement to the mean (30-period MA) is probable after the breakout. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It...

Stuart_Cowell

Crude's volatility levels are high. It reversed recently to the upside and continues breaking important resistance levels on its way up. Since the recent rapid movement to the upside seems to have halted, it is quite probable that a retracement will follow as per the arrow on the chart and Fibo tool. __________________________ Information Regarding Important...

Stuart_Cowell

Crude oil has experienced a jump after the Hamas-Israel conflict. It seems now that the price is following a consolidation phase forming important support and resistance levels. Breakout of those levels could cause the price to deviate significantly creating opportunities. Next possible levels are depicted by the arrows. __________________________ Information...

Stuart_Cowell

Seems that the GBPUSD has formed an upward wedge. Volatility started to get to lower levels after the NFP news on Friday. The Breakout of the upper or lower band of this formation could cause the market to move rapidly in the same direction as depicted by the arrows. __________________________ Information Regarding Important News and Figures can be found here...

Stuart_Cowell

Gold jumped following the NFP news and the news for the Israel-Gaza conflict that erupted into war after attack by Hamas. Commodities prices moved to the upside rapidly. Retracements are possible intraday as shown on the chart. A significant breakout of a support at near 1846 could cause the price of Gold to drop for the...

Stuart_Cowell

The index has been surging yesterday after the market opening. A reversal actually formed as the price reversed crossing the MA on its way up and now a retracement is likely to happen with target level as per the Fibo tool. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...

Stuart_Cowell

The U.S. benchmark indices have come to a downward halt finding strong support. There is a possibility that we will see a retracement as per the arrow today. Currently there are some resistance levels that are stopping the index from moving to the upside. They will potentially brake after the NYSE opening. __________________________ Information Regarding...

Stuart_Cowell

Currently Crude Oil has experienced a surprising upward movement, a reversal actually that could potentially give rise to a retracement opportunity. The 93.75 resistance could serve as the end of the shock upwards and soon a retracement could follow, near to the level 92 USD/b. __________________________ Information Regarding Important News and Figures can be...

Stuart_Cowell

It is clear that all U.S. benchmark indices are currently facing a downward trend. In the case of the NAS100 the Falling Wedge formation seems to hold. we could see the index falling even further when volatility kicks in after market opening at 16:30 GMT+3. 14620 serves now as an important resistance level (was acting as support previously). The next support is...

Stuart_Cowell

The market crashed intraday yesterday reversing more than 100% of the recent total rapid movement upwards. The index found support and since its Friday we do not expect much volatility or further high activity in the market. However, some retracement has to take place for correction. Let's see. Back to 61.8% of the movement perhaps....

Stuart_Cowell

Possible NAS100 retracement today. The news at 15:30 will have an impact on the dollar and more volatility on indices is expected after 16:30. The opening could cause the index to drop if the 15300 level breaks. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...

Stuart_Cowell

Gold was following a downward trend recently. It later showed signs of retracement and just broken resistance that might push it upwards. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a...

Stuart_Cowell

The PMIs were devastating again for Eurozone. The EURUSD dropped heavily during the day. Possibly the downward movement is finally over. A retracement is expected back to the 61.8% of the movement. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk...

Stuart_Cowell

Gold (XAUUSD) has been testing the support near 1930 USD/oz. The USD is appreciating currently. The breakout would probably cause a rapid downward move. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative...