FXCM Dollar index Technical Analysis, consolidating at resistance unable to breakout decisively above the previous weekly high at 11 929. The index closed with a bullish engulfing candle, closing above…
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GERMAN DAX Technical analysis, the index reached the second target of the daily bullish wave
German DAX technical analysis, the index reached and exceeded the second target of the third bullish daily wave at 1.618 FIB extension at 15 000. The index went as high…
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S&P 500 Technical analysis, the index reached the first target of the weekly bullish wave
S&P 500 technical analysis, the index reached the first target of the bullish weekly wave at 1.272 FIB extension and the third target of the third bullish daily wave at…
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NASDAQ Technical analysis, the index reached the target of the fifth bullish quarterly wave and started a retracement
NASDAQ 100 technical analysis, the index reached our target for 2021, which was the target for the fifth bullish wave on the quarterly chart. Depending on how you count the…
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US Oil Technical analysis reached the first target of the weekly bullish wave and started a retracement
Technical analysis for US Oil, the price reached the first target of the bullish weekly wave at 1.272 FIB extension at 76.10, the price reach as high as 76.95 and…
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UK Oil Technical analysis reached the first target of the weekly bullish wave and started a retracement
Technical analysis for UK Oil, the price reached the first target of the bullish weekly wave and resistance at 1.272 FIB extension at 75.30, the price reach as high as…
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FED started taper talks and moved the prediction for an interest rate increase to 2023 from 2024
Reading the latest FOMC statement from the last week, one would wonder why there was a strong reaction in the currency market. However, the surprise came from the Federal Open…
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S&P 500 Technical Analysis, the index broke below ascending trend line on both the weekly and the daily chart
S&P 500 Technical Analysis, the index broke below ascending trend line on both the daily and the weekly chart, an early signal for a potential pullback. If the index break…
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10-YEAR YIELD US GOVERNMENT BOND Technical Analysis, reached the first target of the daily bullish wave and started consolidating
10-year yield US Government bond technical analysis, the yield reached the first target of the bullish daily wave and resistance at 1.686 and started consolidation on the daily chart. If…
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30-YEAR YIELD US GOVERNMENT BOND Technical analysis, reached the first target of the bullish breakout
30-year yield US Government bond technical analysis, the yield reached the first target of the weekly bullish breakout, which occurred in January 2021, and started a pullback on the weekly…
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Copper Technical analysis, a breakout below descending triangle on the daily chart
Technical analysis for Copper, the price breakout below descending triangle on the daily chart, an early signal for further downside potential.The first target of this breakdown is the 0.618 FIB…
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USD/CHF Technical analysis, the pair is holding support for four weeks on the weekly chart and forming a descending triangle on the daily chart
Technical analysis for the USD/CHF, the pair is holding support and 0.786 FIB retracement for four weeks, consolidating on the weekly chart. This consolidation formed a double bottom and forming…
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