Sample Category Title

Crude oil upward trend is fading after reaching the 64 range. The pair is currently trading between hourly support and resistance given at 59.72 (15/02/2018 low) and 64.77 (11/01/2018 high). The technical structure suggests further short-term decline.

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 short-term hike fades, following a break of hourly resistance at 16.83 (28/12/2017 high). Hourly support and resistance are now given at 16.25 (01/12/2017 low) and 16.98 (15/02/2018 high). The short-term technical structure suggests short-term decrease.

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 continues its rise following recent decrease at the 1323 range, breaking hourly resistance at 1338 (19/01/2018 high) and approaching hourly resistance at 1348 (20/02/2018 high). Hourly support at 1300 (29/12/2017 low) is gaining distance. The shortterm technical structure suggests further rise.

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).

Bitcoin is losing upward momentum, exiting uptrend channel and approaching the 10000 range. Hourly support and resistance remain at 9022 (30/11/2017 low) and 12130 (18/01/2018 high). The short-term technical structure suggests further decrease.

In the long-term, the digital currency has had an exponential growth but also presented important downturns. There is decent likelihood that the currency could stabilize between 7'000 - 12'000 in 2018. Bitcoin is trading above its 200 DMA (7000 range).

EUR/CHF bullish momentum is maintained, the pair broke hourly resistance at 1.162 (07/02/2018) and approaches hourly resistance at 1.1685 (26/01/2018 high). Hourly support at 1.1471 is distanced (09/02/2018 low). The technical structure suggests further short-term increase.

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 increases further, breaking hourly resistance at 0.8954 (17/11/2018) and approaching hourly resistance given at 0.8982 (28/11/2018 high). Hourly support at 0.8883 (13/11/2017 low) is distanced. The short-term technical structure suggests further increase.

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 above its 200 DMA.

Euroarea (EA19) Q4 GDP: 0.6% qoq, 2.7% yoy, 2.3% over 2017

EU28 Q4 GDP growth: 0.6% qoq, 2.6% yoy, 2.4% over 2017

In Q4, Estonia ranked top at +2.2%, followed by Slovenia at +2.0% and Lithuania at +1.4%

Greece and Croatia were both at bottom at +0.1%, followed by Italy and Latvia at +0.3%

Regarding the components:

• EA19: Household consumption expenditure +0.2%, gross fixed capital formation +0.9%, exports +1.9%, imports +1.1%
• EU28: Household consumption expenditure +0.2%, gross fixed capital formation +0.9%, exports +1.7%, imports +1.3%

AUD/USD is decreasing back following a slight rise at 0.7842. The pair is contained between hourly support and resistance at 0.7704 (24/12/2017 low) and 0.7879 (21/02/2018 high). Further support and resistance are given at 0.7638 (15/12/2018 low) and 0.7999 (17/01/2018 high). The technical structure suggests continued short-term 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 tries to recover after enduring a sharp decline at 1.2863, currently trading at the 1.2930 range. Hourly support and resistance are given at 1.2668 (26/02/2018 low) and 1.3015 (05/07/2018 high). The technical structure suggests short-term decrease.

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 is trading sideways after declining at 0.9339 and currently given at the 0.9385 range. The pair currently trades between hourly support and resistance at 0.9296 (05/02/2018 low) and 0.9520 (24/01/2018 high). The technical structure suggests short-term sideway moves.

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