Posted on April 24, 2018 at 07:05 AM
The USD / JPY pair traded this week between 106.850 and 107.850 levels without any attempt to breach 107.850. Side trading is likely to continue next week, but the extent of this spread will depend on the pair's ability to breach 108.00, as breaking that level is necessary to push the pair towards 110.00 Support: 107.350 - 106.500 - 105.00 Resistance: 108.00 - 110.00 The pair is tren [...]
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Posted on April 24, 2018 at 07:00 AM
The EURUSD did not show any attempt to rise this week, as the pair is trading between 1.23150 and 1.23950 levels. This week we can expect a slight drop for the pair with a correction to return to the main track, which is to move towards the 1.2500 level to prove the trading above the moving averages. Overall, we will be positive next week in our expectations, but with condition that the 1.2200 [...]
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Posted on April 16, 2018 at 08:28 AM
The price of oil barrel traded above 65.00 levels this week, and the possibility of extension the upward trend the next week targeting in light a trading above the level mentioned. Stability above 65.00 and trading without any correction is a big possibility to make the oil price to trade for a specified period below the level of 65.00 with a possibility to return and targeting 80.00 levels. [...]
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Posted on April 16, 2018 at 08:25 AM
After the failure to trade above 1367 levels, the price of gold returned to trade in a tunnel this week and traded between 1300 and 1367. Stability and trading for a full rate above the averages is always a reason for the possibility of a big move towards the price of 1375 and the price of 1388. The trading on gold will remain in our view sideway trend within the same tunnel , waiting next week [...]
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Posted on April 16, 2018 at 08:20 AM
The pair rose against the Swiss franc, trying to breach 0.9650, and the pair traded above 0.9400 this week. Any trading above 0.9650 will be a reason for an extension in the upside direction, and we are currently targeting 0.9835 as the first bullish target for the upside move, while breaching it will open the way for further bullishness. Big fluctuation is contained, and turmoil in the financi [...]
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