Index Breaks Down to 50-Day EMA
This is a market that I think is more negative than positive, but over the next 24 hours it’s likely that we […]
Trying to Drain its Overbought
The Dow Jones Industrial Average declined during its recent trading at the intraday levels, to record losses in its last sessions, by […]
Anticipation of Interest Rate Hike
New reports of restricted Russian gas supplies to Europe are adding pain to the euro exchange rate. The euro zone’s single currency […]
GBP/USD Technical Analysis: Cautious Resilience
Sterling was stronger against the euro, dollar, and other currencies in the last week of July as global investor sentiment improved due […]
USD/JPY Technical Analysis: Cautious Stability Ahead
Amid bearish momentum, and for three trading sessions in a row, the USD/JPY currency pair is settling in narrow ranges between the […]
Price of Gold is Under Selling
The price of gold crept higher as investors started the countdown to the conclusion of the main Federal Reserve meeting where US […]
Natural Gas Technical Analysis: Highest in 7 Weeks
Spot natural gas prices continued to rise in recent trading at intraday levels, to achieve new daily gains until the moment of […]
Lira Continues to Decline Against USD
Today’s recommendation on the lira against the dollar Risk 0.50%. Yesterday’s buy deal was activated and it is still trading Best selling […]
WTI Crude Oil Forecast: Showing Signs of Hesitation
I believe that the market is going to continue to favor the downside, but it’s never a 100% certainty as to what […]
AUD/USD Forecast: Aussie Struggles with Momentum
The Wednesday session is going to be a lot of noise, but by the time we get through with it, we might […]
Incremental Gains as Storm of Volatility Lies Ahead
The USD/JPY has produced almost seemingly polite incremental gains the past two days of trading and is approaching intriguing short term resistance. […]
US Fed is Important but Price of Crude Oil is Key
The USD/MXN is near important support levels as the U.S central bank awaits, but considerations regarding the price of WTI Crude Oil […]