Hello Traders, Today we will share with you guys the TVC:UKOIL as it seems to show upwards pressure again towards $57 and may breaking resistance zone. It currently flirts with significant intra-day support level. Supported by a significant intermarket sign, which points a potential inflow of capital very soon! This may underline this setup. Our intermarket...
Hello traders, Today we want to share with you our FX_IDC:EURUSD perspective as it currently flirts with a very decisive zone at 1.05. Currently market flirts again with the 1.05 level as it seems to be a very desicive level for the market weather new bearish sentiment will kick in or not. Current fundamental important facts to consider: France latest...
Hello Traders, Today we would like to present you TVC:SILVER as it seems to decline in near future. Let us break down the analysis. Starting with the fundamentals/macro overview as usual: TVC:SILVER is currently not a very much watched instruments in the financial market, however it shows some interesting pattern. These pattern we would like to provide...
Hello Traders, Today we will share with you guys the EUR/AUD as it seems to show downwards pressure towards 1.38, before breaking the 1.389 resistance zone. It currently flirts with major resistance level. We will be entering a short call at 1.388 to head at least to 1.3825. Risk/Reward: ~2.1 Notice if the market closes hourly above 1.3905 this setup will...
The US-Dollar Index is in an intact impulsive long trend. After the weekly break of the sideways range a pull back towards the break out level or in other words around 100-100.5 zone was initiated.The possible upside breakout of the 1 ½ - year sideways range also underlines the current situation within the US-Dollar. After the Federal Reserve stopped QE 3 in...