Sample Category Title
CRUDE OIL Decreasing Further
Crude oil upward trend vanished, currently trading below 61.50. Crude oil is contained between hourly support and resistance given at 59.72 (15/02/2018 low) and 64.77 (11/02/2018 high). The technical structure suggests shortterm downward moves.
In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness is very likely. For the time being, the pair lies in an upside trend since June 2017. Support lies at 42.20 (16/11/2016) while resistance is located at 77.83 (20/11/2014). Crude oil is trading largely above its 200 DMA.

SILVER Continued Decline
Silver is trading lower, approaching hourly support at 16.27 (07/02/2018 low) while hourly resistance at 16.83 ( 16.98 (15/02/2018) remains.
In the long-term, the trend remains negative/ sideways. Further downside is very likely. The pair is trading below its 200 DMA. Resistance is located at 21.58 (10/07/2014 high). Strong support can be found at 11.75 (20/04/2009).

GOLD Bearish Trend
Gold continues its descent, approaching hourly support at 1306 (04/01/2018 low). Hourly resistance is maintained at 1351 (02/01/2018 high) while further resistance is found at 1366 (25/01/2018 high). The technical structure suggests further decline.
In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1'392 (17/03/2014) is required to confirm it. A major support can be found at 1'045 (05/02/2010 low).

EUR/CHF Indistinct Trading
EUR/CHF is currently trading above the 1.15 range and trades sideways. The pair lies between hourly support and resistance at 1.1471 (09/02/2018 low) and 1.162 (07/02/2018 high). The technical structure suggests short-term sideway moves.
In the longer term, the technical structure has reversed. Strong resistance is given at 1.20 (level before the unpeg). Yet, the ECB's slowing QE program is likely to cause buying pressures on the euro, which should weigh in favour of the EUR/CHF. Support can be found at 1.0234 (20/04/2015 low).

EUR/GBP Recovery Falters
EUR/GBP recovery phase is interrupted after breaking hourly resistance at 0.8873 (10/01/2018), a consolidation phase along the 0.886 is likely. The pair is maintained between hourly support and resistance given at 0.8756 (04/12/2017 low) and 0.8929 (12/01/2018 high). The technical structure suggests short-term sideway moves.
In the long-term, the pair has largely recovered from 2015 lows. The technical structure suggests further upside pressure. Strong resistance can be found at 0.9500 (psychological level) while support remains at 0.8304 (05/12/2016 low). The pair is trading below its 200 DMA.

AUD/USD Descending
AUD/USD finally broke hourly support at 0.7773 (14/02/2018 low) and heads along the 0.77 range, approaching hourly support at 0.7638 (15/12/2017 low). Hourly resistance given at 0.7999 (17/01/2018 high) is distanced. The short-term technical structure suggests further continued downward moves.
In the long-term, the upward trend slows down after failing to reach key resistance at 0.8164 (14/05/2015 low). Key support stands at 0.6009 (31/10/2008 low). A break of the key resistance at 0.8164 (14/05/2015 high) is needed to invalidate our long-term bearish view.

USD/CAD Bullish Momentum
USD/CAD recent bounce continues, the pair trades above 1.28 and broke hourly resistance at 1.2796 (25/12/2018 high), approaching hourly resistance at 1.2874 (29/11/2017 high). Hourly support is maintained at 1.2466 (15/02/2018 low). The technical structure indicates that continued rise is expected in the short-term.
In the longer term, the pair is trading between resistance point at 1.3805 (05/05/2017 high) and support at 1.2128 (18/06/2015 low). Strong resistance is given at 1.4690 (22/01/2016 high). The pair is likely to head lower. The pairs is trading above its 200 DMA

USD/CHF Testing Hourly Resistance At 0.9469
USD/CHF interrupted its consolidation phase, trading above 0.9450. The pair approaches hourly resistance at 0.9469 (24/01/2018 high). Hourly support remains at 0.9188 (16/02/2018 low). The technical structure suggests short-term increase.
In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Key support lies at 0.9072 (07/05/2015 low) while resistance at 1.0344 (15/12/2016 high) is distanced. The technical structure favours a long term bullish bias since the unpeg in January 2015.

USD/JPY Decline
USD/JPY decreases, trading below 107. USD/ JPY downward pattern is maintained. Hourly support and resistance are given at 105.55 (16/02/2018 low) and 107.90 (14/02/2018 high). The technical structure suggests short-term declining moves.
We favor a long-term bearish bias. Support at 105.55 (03/05/2016 low) is almost reached. A gradual rise toward the major resistance at 125.86 (05/06/2015 high) seems unlikely. Expected to decline further support at 101.20 (09/11/2016 low).

GBP/USD Monitoring Support At 1.3742
GBP/USD trades below 1.38, approaching hourly support at 1.3742 (16/01/2018 low). The upward trend of November 2017 remains however intact. Hourly resistance is given at 1.4151 (05/02/2018 high). The technical structure suggests further short-term downside moves.
The long-term technical pattern is reversing. The Brexit vote had paved the way for further decline but the pair is moving to 2016 highs. Long-term support and resistance are given at 1.1841 (07/10/2017 low) and 1.5018 (24/06/2016 high).

