Aussie Dollar is still ranging and seems not to have broken from the consolidation phase from the Daily charts. As long as price is above the 0.65000, areas of interest would be upside moves towards nearby resistance barriers. However, if the bullish move fails and price action stabilises below 0.65000, a move downwards will then be favourable.
The pair seems to be fading from its bullish momentum since last week. As the downside pressure develops, the below barriers may be areas of support where price action may find upside pressure
The Dax continues to bounce back from the 19000 barrier, as it is a key support from the higher timeframes. The index may find bullish momentum after not stablising below this mark. A break the immediate resistance barriers, may be essential to look for shorts, if the index remains below 19400-19600.
Ibex may rally upwards due to the sell off not stabilising under 11300. However, the price may bounce back up above 11300 heading towards the top. Breaking the mark may see bearish continuation.
The index may retest established higher highs, after finding support near a key low. Price action is ranging between 11700-11900, upon breaking of the consolidation phase.
The index broke through a consolidation phase and is currrently dropping to find support towards 8.100 and 8.000.
Gold seems to have broken a consolidation phase, and price action seems to be headed to the downside. Immediate barriers below, will be potential regions of interest for a bullish pullback. A break below of the support structures of 2658 and 2600 will likely spearhead selling continuation as the yellow metal develops. Alternatively, finding support on these...
The pair we'll likely find support on a key low, that may push the price upward. Alternatively, rejecting the movement up and continuing way under 0.56500 and 0.56000 might see continued down movement.
Aussie Dollar is ranging and seems not to have broken from the consolidation phase from the Daily charts. As long as price is above the 0.65000, areas of interest would be upside moves towards nearby resistance barriers.
The index is still ranging within a bigger structure and will likely retest the above resistance barriers since the bearish pressure has subsided.
The index is still ranging within a bigger structure and will likely retest the above resistance barriers since the bearish pressure has subsided.
Upon anticipating a bearish reversal, the index bounced off a previous resistance at 43.890 and rose further. The index will likely expand until the upward momentum gradually starts declining.
The white metal failed to rally up into the 32.000's and we'll likely go further down and touch the Weekly lows.
The index is currently pulling back up, after falling off once it nibbled closely to a previous higher high. As price action develops, a bearish move would be favourable if price remains below the 19600-19400 resistance barriers. A break and rejection above the mentioned barriers might see further upward momentum. Rejection and stability under, 19600 may potential...
Silver dropped and may likely be on a verge of a bullish momentum due to the bearish move losing steam. The previous established regions between 34.480-34.850 we'll be areas of interest to where price is headed to. The move to the upside we'll be significant if the white metal remains above 30.800.
The white metal is currently bullish, but the bullish momentum ran out of steam as price action failed to reach and stabilise the 35.00 region. While the metal is correcting, failure to break through and stabilise above 34.9 - 35.00 will likely see bearish momentum to the immediate supports.
The Swiss index is currently developing buying pressure which may retest 12200-12400 regions. Momentum to the upside is because of a bounce and bearish rejection of a previous support barrier. As long as price action is above 11755, the index headed for the above resistance barriers.
The index will test previous established higher highs due to finding support on an essential barrier at 11,400. As long as price action fails to go this barrier, bullish moves will be favourable until reversal.