GBP/CAD Stuck In Range, Wait for a Breakout!
The market is a bit quiet, but I'm sure it's a lull before the storm. As you know, it's all about the Bank of...
Gold Trade Sideways While Traders Await FOMC
On Wednesday, the trading activity remains thin on the verge of May Day. Most of the European markets enjoy the holiday, but the forex...
EUR/GBP Poised to Reverse - Technical Analysis!
The EUR/GBP slip to a low of 0.8586, its lowest level since 5 April. There is some support around 0.8580, but the 5 April...
Agro-commodities, Free Fall or Exhaustion?
This week the agro-commodities ETF DBA has dropped to 16.03, the lowest level since its creation in 2007. Is this bearish sequence a sign of...
USD/JPY Trades the ABCD Pattern - China’s Manufacturing Disappoints!
The demand for safe-haven assets like gold and Japanese yen triggered after worse than expected manufacturing PMI figures from China.
China’s official purchasing management index...
USDCHF Pair Sharp as a Swiss Knife!
The Weekly Chart
The USDCHF weekly chart shows it has been moving inside a slightly upwards triangular formation. Usually, this kind of formation is a...
Bullish Channel & EMA Supports Gold - What to Expect Next?
The safe haven asset gold trades bearish now to test the 50 periods EMA around 1,280.
However, the intraday slide found some support near 38.2%...
US Crude Oil - Dramatic Decline- Technical Analysis, April 29
The US crude oil fell dramatically, extending the Friday decline that halted a weeks-long rally. Sell-off got triggered after the US President Donald Trump...
Bitcoin Recovery from Bad News is Good News!
Our colleague Jennifer Mitchel, last Friday 26, had published an article commenting the volatility spike experienced by the BTCUSD pair on the news about...
EUR/GBP: Confirmed ‘Double Top’ Pattern Pushing Pair Lower
The EUR/GBP could end with losses for the third day, as the pair closed yesterday below 0.8636 yesterday, confirming a bearish doji reversal. The...
