The GBPUSD continued its bearish momentum last week, topped at the 1.3533 levels and bottomed at the 1.3118 levels. This development leaves the pair targeting the 1.2600 levels, a halt is likely and a reversal may occur, however; a cut through the 1.2600 levels would open 1.1945 next, further down,...
What is 'Brexit' ?! Brexit is an abbreviation of "British exit" that refers to the possibility that Britain will withdraw from the European Union. The country will hold an in-out referendum on its EU membership on Thursday, June 23, 2016... First of all, I'd like talking about some facts that linking...
The EURUSD maintained a bullish momentum last week, bottomed at the 1.1057 levels, and topped at the 1.1341 levels. Now the focus will turn on the weekly resistance 1.1386... The EURUSD will have to hold above the 1.1386 levels on a weekly closing basis, to push the market for further...
The GBPUSD maintained a strong bearish momentum last month, topped at the 1.5238 levels and bottomed at the 1.4731 levels. This development leaves the pair targeting the 1.4050 levels, a halt is likely and a reversal may occur, however; a cut through the 1.4050 levels ( Feb 2009 lows)...
Part One: Fundamental Outlook What moves EURUSD in 2016 ?! 1-Federal Reserve Bank of America In Dec 2015, the Fed - as widely expected - approved a quarter-point increase in its target funds rate, the new target will go from 0 percent to 0.25 percent to 0.25 percent to 0.5 percent. Most...
I hope that Alexander the Great (Macedonian Alexander) & his empire returns these days, to make the world see, How remains of Alexander the Great, has enriched countries and peoples all around the world! Why the source of Alexander the Great gets Killed now??? Who wants, Greek people to be a slave...
With U.S Crude Oil forming a bearish divergence at 63.27 levels, followed by a rejection from the key resistance 62.10, Crude Oil's upward trend has lost its steam, threatening weakness in the upcoming days.. On the downside, Immediate support comes at the 60.92 levels ahead of the 58.91 levels (main),...
The EURUSD continued its bearish momentum in 2014 , topped at the 1.3993 levels and bottomed at the 1.2097 levels . This development leaves the pair targeting 1.1000 levels , a halt is likely , but a cut would open 1.000 next , further down will pave the way...
The crude oil has maintained a strong bullish momentum 2 weeks ago, printed a new support at the 102.66 levels. This development leaves the pair targeting the 109.30 levels where a breach is likely , If seen , it will target the 110.52 levels before flying towards the 114.80...
1- Those levels are strong support and resistance levels on short term , the market usually respects those levels strongly. 2- If the market rallies into resistance levels , a sell-off is expected. 3- If the market sells-off into support levels, a rally up is expected. 4-I highly recommend using divergences techniques, to find possible...