Markets

May 19, 2017 at 06:56

USD/CAD keeps on weakening since the pair reached 1.3800. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high). Expected to show continued bearish pressures.

May 18, 2017 at 14:10

The outlook for the precious metals market remains bearish and the very weak reaction to the USD’s daily slide serves as a bearish sign even though the latter may appear…

May 18, 2017 at 14:04

Investors have been too bullish with virtually no fear that share prices could fall. But this weeks drop seems to have renewed the fear, cleansing the market from weaker investors,…

May 18, 2017 at 08:07

The SP 500 index broke below its short-term consolidation on Wednesday, as it got closer to the level of 2,350, following Tuesday's move to new record high above 2,400 mark

May 18, 2017 at 07:52

Short Term Elliott Wave view in FTSE 100 suggests the rally from 4/20 low (7096.6) is unfolding as a zigzag Elliott Wave structure

May 18, 2017 at 07:39

GBPUSD is trading higher, breaking out of the triangle correction that was found in previous wave 4. As we know, triangle corrections occur prior to the final wave ...

May 18, 2017 at 06:32

GBP/USD is trading higher. Hourly resistance is given at 1.2989 (07/05/2017 high). Hourly support are given at 1.2831 (04/05/2017 low) and1.2757 (21/04/2017 low).

May 17, 2017 at 15:35

The severity of the EUR USD, Dow Jones and Gold momentum shifts is quite exceptional, and could even be a high point for EUR USD in years to come

May 17, 2017 at 10:26

I think the language of the market is telling us that a bear market has begun up there in the great white north. The financial sector is sniffing it out

May 17, 2017 at 08:08

On the Daily chart of USDCAD, we are looking at a seven leg correction that could be in final stages. That being said some weakness is already seen on lesser…