Daily analysis of GBP/USD for October 22, 2015

A current intraday trand is calling for a correction in favor of bearish force. So the pair could make a rebound above the 200 SMA in the H1 chart, with a possible target towards the resistance level of 1.5458, which is a level that has been tested several times. However, this scenario could change when […]

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Technical analysis of USD/JPY for August 14, 2015

In Asia, Japan will not release any economic data. However, the US will release some macroeconomic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, and PPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility […]

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Technical analysis of USD/JPY for August 14, 2015

In Asia, Japan will not release any economic data. However, the US will release some macroeconomic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, and PPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility […]

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Technical analysis of USD/JPY for August 14, 2015

In Asia, Japan will not release any economic data. However, the US will release some macroeconomic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, and PPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility […]

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Technical analysis of USD/JPY for August 14, 2015

In Asia, Japan will not release any economic data. However, the US will release some macroeconomic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, and PPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility […]

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Technical analysis of USD/JPY for August 14, 2015

In Asia, Japan will not release any economic data. However, the US will release some macroeconomic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, and PPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility […]

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Technical analysis of USD/JPY for August 14, 2015

In Asia, Japan will not release any economic data. However, the US will release some macroeconomic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, and PPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility […]

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Technical analysis of USD/JPY for August 14, 2015

In Asia, Japan will not release any economic data. However, the US will release some macroeconomic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, and PPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility […]

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Technical analysis of USD/JPY for August 14, 2015

In Asia, Japan will not release any economic data. However, the US will release some macroeconomic data such as Prelim UoM Inflation Expectations, Prelim UoM Consumer Sentiment, Industrial Production m/m, Capacity Utilization Rate, Core PPI m/m, and PPI m/m. So there is a big probability the USD/JPY pair will move with low to medium volatility […]

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Elliott wave analysis of EUR/JPY for November 19 – 2014

Today’s support and resistance levels: R3: 147.59 R2: 147.39 R1: 147.05 Current spot: 147.03 S1: 147.00 S2: 146.78 S3: 146.38 Technical summary: The possible b-wave of the expanded flat pattern has extended higher and is closing in on the maximum target at 147.59. This resistance has to protect the upside for a break below support […]

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Silver daily analysis for December 25, 2014

Overview In the today’s H4 chart, silver has stabilized above the support level of 15.50 and could not break it, and currently it is bouncing towards the resistance level of 16.00 to test it. So, we still suggest waiting for closing above the resistance level to give us a new opportunity for more buy signals […]

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Silver daily analysis for December 25, 2014

Overview In the today’s H4 chart, silver has stabilized above the support level of 15.50 and could not break it, and currently it is bouncing towards the resistance level of 16.00 to test it. So, we still suggest waiting for closing above the resistance level to give us a new opportunity for more buy signals […]

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Gold Technical analysis for September 11, 2014

Gold price has made new lower lows yesterday at $1,243, just $3 away from our short-term target of $1,240 that I’ve been calling since we broke below the $1,270 support. The trend remains bearish. The Ichimoku cloud indicators remain bearish. The bigger outlook is still bearish. The 4-hour chart remains bearish as price is below […]

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Gold Technical analysis for September 11, 2014

Gold price has made new lower lows yesterday at $1,243, just $3 away from our short-term target of $1,240 that I’ve been calling since we broke below the $1,270 support. The trend remains bearish. The Ichimoku cloud indicators remain bearish. The bigger outlook is still bearish. The 4-hour chart remains bearish as price is below […]

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