Weekly Technical Analysis Report 13 July – USOIL played out nicely, bullish play seen on GBPUSD 1. Last week’s outlook on USOIL: Bearish play seen On the H4 time frame, prices are showing bearish order flow with lower lows and lower highs being formed. On
Weekly Technical Analysis Report 8 July – USDCAD played out nicely, bearish play seen on USOIL 1. Last week’s outlook on USDCAD: Bearish play seen On the monthly and weekly time frame, prices tested and reversed off a key resistance zone at 1.3080 with bearish
Weekly Market Update 10th July – Dollar extended its rally on solid jobs report, US CPI data in focus this week 1. Dollar extended its rally, fueled by robust US jobs reports which eased slowdown fears and bolstered Fed’s aggressive stance in tightening its monetary
Weekly Market Update 2nd July – Dollar marched higher while oil prices dipped on slowdown fears, US jobs report and FOMC minutes in focus this week 1. Dollar extended its rally, buoyed by a hawkish Fed following a 75bps interest rate hike during its June
Weekly Technical Analysis Report 28 June – WTI Crude Oil played out nicely, bearish play seen on USDCAD 1. Last week’s outlook on WTI Crude Oil: Bearish play seen On the weekly time frame, prices are holding below a key area at 127.80 where we
Weekly market update 25th June – Dollar retreated from its recent high amidst global recession fears 1. The Dollar extended its high volatile performance this week, with an overall fall to 104.2 at the end of the week. Despite the recession fears and poor consumer
Weekly Technical Analysis Report 21 June – Gold played out nicely, bearish play seen on WTI Crude Oil 1. Last week’s outlook on Gold: Bullish play seen On the monthly time frame, prices are testing a demand zone and holding above its ascending trend line
Weekly Market Update 18th June – Dollar maintained its strength following the release of FOMC minutes, high volatility of currencies due to recession fears 1. The Dollar Index maintained its overall strength and ended at a 105.02 level after surging to a 20 year high
Weekly Technical Analysis Report 15 June – GBPJPY played out nicely, bullish play seen on Gold 1. Last week’s outlook on GBPJPY: Bearish play seen On the daily time frame, prices are holding below a key resistance level at 168.50 where we could see a