Technical Analysis

XAUUSD (1263.08): Gold prices were muted yesterday with price briefly rising on an intraday high before giving up the gains. Price remains steady near the support level of 1262 region. The Stochastics...
Technical Analysis

USDJPY (112.41): The USDJPY closed bearish yesterday with price action on the daily session suggesting a bearish engulfing bar. On the intraday charts the U.S. dollar was seen posting a strong bounce ...
Technical Analysis

EURUSD (1.1803): The euro currency closed on a bearish note yesterday extending declines for two consecutive days. With the currency closing below the 1.1843 - 1.1822 level of support/resistance, we e...
Technical Analysis

Nasdaq Intraday Elliott Wave view suggests that 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, 7, or...
Technical Analysis

Among the major currencies, one of the potential winners in 2018 could be the British pound. There is a good possibility sterling will bounce back strongly as UK wages recover, putting further upward ...
Technical Analysis

GBPUSD: The pair failed to follow through lower on Wednesday causing to decline further. This leaves GBPUSD weak and vulnerable to the downside with eyes on the 1.3300 zone. Support lies at the 1.3350...
Technical Analysis

Crude oil continues its consolidation phase and should not challenge the 60-dollar level. Expected to show continued sideways move. 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...