Technical Analysis

Nasdaq Short term Elliott Wave view suggests that the rally to 6429.5 ended Intermediate wave (3). Intermediate wave (4) pullback is currently in progress to correct cycle from 8/21 low (5753.6) in 3,...
Technical Analysis

CRUDE OIL: The commodity faces further downside pressure as it looks to follow through lower on Tuesday. On the downside, support resides at the 57.00 level where a break will expose the 56.50 level. ...
Technical Analysis

The AUD/NZD shows Double Bullish Confluence on intraday time frame. We can see the W pattern that pushed the price up while at the same time it has formed the bullish SHS pattern (inverted head and sh...
Technical Analysis

Crude oil prices have eased back at the start of this week, with a barrel of Brent costing $62.25 and WTI $57.25. From their post-OPEC highs, Brent was $1.90 lower and WTI was $1.60 worse off at the t...
Technical Analysis

Crude oil has finished its consolidation and is now ready to challenge the 60-dollar level. Expected to show continued increase. Support is given at a distance at 54.81 (14/11/2017 low) ...
Technical Analysis

Silver is heading lower. Hourly support can be found at 16.13 (07/08/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high). Expected to keep pushing lower. ...
Technical Analysis

Gold is pushing lower. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017 high). Resistance is located at 1288 (20/10/2017). ...
Technical Analysis

Bitcoin is still consolidating below 12k. The technical structure shows a tremendous positive short-term momentum. Hourly support is located at 9000 (29/11/2017 low). Strong support stands very far at...
Technical Analysis

EUR/CHF continues to push towards resistance area above 1.17 and support given at 1.1610 (27/10/2017 low). Expected to show continued increase. ...