financialflagship

financialflagship Updated 

Copper set further year-to-date highs during Friday’s trading session in anticipation of an US economic stimulus package and we expect the price to continue the bullish trend after a short-term correction. We will wait for a reaction around the trendline. Don’t jump in any trade if you don’t have a clear setup. Trade with care! Financial Flagship Disclaimer:...

financialflagship Updated 

Natural Gas seems to be in a bearish corrective trend for now. The price is righteously respecting the trendline and we can see it continuing making lower lows. As we wait on Wednesday’s EIA Natural Gas Storage Change data numbers, all eyes will be on the release of the US stimulus package, that could have an effect on commodities in general, and of course on...

financialflagship Updated 

Fears of another lockdown can have a negative impact on fossil fuels and may push the Oil price down. From a technical perspective, we are expecting a deeper pullback for the Oil price. We are now in the middle of a parallel uptrend channel and we expect a breach of the price to the downside at any time, to test the 45$ area, with a possibility for the barrel rate...

financialflagship Updated 

Silver has entered a price range at the moment. Compared to Gold, the weekly chart for Silver shows us that a stronger bullish trend has started on the weekly timeframe. This means that the price can test the 35$ area. For the moment we expect the price to remain in the current range for a while, with a big possibility for a move down in the short term to test the...

financialflagship Updated 

Gold is making a complex consolidation pattern and for the short-term the price may re-test the November lows. We expect the price to go back up again in the near future, considering the fact that many countries have gone into lockdown with Covid-19 case rates growing worrying around the globe. Will the cautiousness of investors bolster gold’s role as the primary...

financialflagship Updated 

The looney is continuing its March Downtrend. Weekly sentiment is bearish, but we are getting closer and closer to begin a daily consolidation, as we expect a counter trend move in order to complete a deeper pullback. We will wait and see what happens when the price will break out of the bearish channel. Until then try and focus on another pair. Patience is a...

financialflagship Updated 

Last week the Australian Dollar climbed into fresh multi-year highs against the US Dollar, with good news coming out from the AU jobs report. However, it has a rough road ahead. We expect the price to break the uptrend channel, sooner rather than later, and start a bigger corrective move to the downside before resuming the Weekly bullish trend. Trade with...

financialflagship Updated 

USD/JPY is righteously respecting the channel area. On the Daily Timeframe we are expecting an upside move, but for the moment nothing is clear. We can see the pair heading south in the short term, before starting the daily Uptrend. We will wait for the price to break the upper line of the channel to get a better understanding of the market structure. Our advice...

financialflagship Updated 

Good old Brexit! Negotiations for a deal between the EU and UK are continuing and this could create a lot of volatility for this pair. Another important aspect that can affect the pair is the fact that UK is in another lockdown for the Christmas period with Covid-19 case rates nearly doubling in London over the past week. From a technical point of view, we expect...

financialflagship Updated 

EUR/USD is in a big weekly bullish trend and we expect the market to go in a deeper consolidation before resuming the uptrend. We are making continuous higher-highs and the price is starting to lose momentum. This is a sign that the trend is getting exhausted and the market is expected to correct at any point. This week the US Bureau of Economic Analysis will...