USD CAD Technical analysis The Canadian dollar continues to gain, fell to a low of 1.3060, almost the lowest level since July 19 after the election closed Justin Trudeau started his second term as the Canadian Prime Minister with the minority Liberal government. Any progress in U.S.-China trade would likely raise risk appetite and boost the Canadian Dollar. Historically, the…
GBP USD ANALYSIS The pound jumps to as high as 1.2707 last week as rising from 1.1958. Break up 1.2830-1.2920 levels will target 1.3250, while break down below 1.2530 support will turn intraday to lower points- once again on hopes and expectations what’s new? Both sides are close to a deal, but it is unclear if Johnson will continue receiving…
Markets Technical Analysis Last week we saw the markets performed strong moves – the price was driven by a combination of slowing economic data and geopolitical risks – expect high volatility until the uncertainty of a trade deal between the United States and China will end This month we expect for meeting between us and china and also see what…
Palladium Analysis Palladium is a component of industrial output and economic output for many industries; Vehicles, technology, medical devices and equipment, and many others. Some argue that if the price of palladium goes down, it could cause a weakening or weakening of the global economic outlook, and it may be an early warning that global stock markets are about to…
Crude oil Technical analysis And once again it happens… The technical is ahead of the market in its moves This is said about the technical missile -lol Last post I talked about the feasibility of an oil price increase based on the same pattern Will oil price return to trade above $ 70 levels or below$ 50? The attack in…
Crude oil Technical analysis Oil futures rose by more than 4% on Wednesday focused on geopolitical issue – is it a sign of changes Did the oil find support in the $ 50 area or we had a surprise ahead of us? Crude oil analysis Crude oil technical analysis: Short term bearish as long crude oil remain below…
Markets Technical Analysis Rope pulling game Tug of War is one of the most ancient games known to man and there is evidence that it was played across the ancient world including ancient Greece, Egypt, and China. Also known as rope pulling, The objective is to beat the competition and win the match by winning pulls Markets Technical Analysis Markets…
Market’s Technical Analysis Forecast What two days were seen on the markets – crazy days …. what we should expect for today (NFP )? In my opinion Nasdaq Region 7710 + _ SP 500 2924 +- break there will be sent the sp500 to cope with 2868 level Dow Jones 26,400 + _ Those are important areas if they do…
EUR USD TECHNICAL ANALYSIS EUR/USD drops sharply to as low as 1.1033 confirms the resumption of the downtrend. The US Dollar surged in reaction to the Fed’s hawkish interest rate cut yesterday.Federal Reserve lowered its benchmark interest rate by 25 bps for the first time since December 2008 but the lack of commitment of future rate cuts turned out to…