2 Ways Usdchf Can Increase Your money USD-CHF consolidating for more than three months across a technical retrenchment zoneYou may notice, the technical format of the triangular formation reflect at the chart a move above 0.9720 – 0.9860 opens a clear bullish sign area could trigger further bullish pressure to higher levels such as 1.12a move below 0.9330 – 0.9260 opens a…
Platinum Price market analysis From my last review at 10 .03. 2015:platinum price struggling ….“Platinum xpt/usd price remains negative as we are close to 1100 and 1080 levels main support previous level, therefore, the price below those current support level will take the negative momentum to achieve lower prices Expected trading range price will go down to see the lower bands at…
Regulated broker and exemplary behavior. As you know All I am a trader in the markets for many years.I went through almost all the brokers in the market.At first I worked with anyone until I began to understand the meaning of the regulation, then I only work with brokers, who have regulatory and special with FCA regulation, up here where…
Will Gold conquer new heights Gold has rallied nearly 5 percent since a surprisingly weak U.S. nonfarm payrolls report on Oct, continuing to benefit from the weakness in US dollar and safe-haven buying due to growing uncertainty about the direction of the stock markets, concerns over the health of the Chinese economy may also undermine risk appetite after the latest…
Is oil continues to leak Down ? WTI crude oil broke higher last week, there are few fundamental facts: Kuwait says no calls within OPEC to change output policy OPEC sees oil demand in 2016 more positive than thought China’s Sept crude imports up 1.3 pct y/y From a technical perspective an impulsive decline back beneath 46 support is required for bears to take control…
How The Situation Affects Usdcad USD/CAD the pic still positive but you should expect to see some more correction on the pair Break of 1.3000 level support last week was taken as a sign of trend reversal. That’s supported by strong resistance from a long term retracement level at 1.3460. below 1.2930 area the trend remains on the downside, further fall should be seen to…
How High Can Kiwi Climb? NZD/USD suggest the bullish trend plus the pattern that appear in the chartsSaucer Bottom trading :Reversal pattern that appear with a small bowl shape and it occurs with a bottom at its bowl works for long-term trading volume. This chart pattern matches defines a long-time consolidation time which executes from bearish to bullish conception. Basically, the rounding bottom…
What The Charts Are Saying About EURGBP The pair shows the priority corrective movement upwardIf we look at the graph, we can see that as long as the pair is above the level of 0.72,minor support intact,further rise is expected in EUR/GBP. Rebound form 0.6935 would extend to 0.7482 resistance. Firm break will target next medium term retrenchment level at 0.77-8The trend is patching up…
Warning : You’re Losing Money by Not looking on Volkswagen Hi Usually I do not analyze specific stocksThis time making an exception ,for those who invest in this share, and those who want to know a little more technically view on VW sharesso lets start from the psychological aspect and the fundamental i will not Expand too much it can be read around the…
Turkish lira potential correction on the way ? From my last post on 20.8.2015 :USD/TRY made sharp move this early morning and climbing to 3.0 area.we could see that the strong move today suggests lira selling could be related to triggering digital options at the 3.00 mark in an liquid market, we need to watch how the trend will continue later on cause im…