Entries with no category
"A mysterious even happened as markets opened in 2016. Oil rose. Nevertheless, before lunch would ring in London on January 4, the first trading day of 2016 Crude fell.""There was a confluence of resistance at the $38/bb zone that saw Crude post a bearish Shooting Star formation. However, the most notable part of that zone of resistance is that the zone includes the August 24 closing low. When past support acts as new resistance that can be a prelude ...
"The Euro may be carving out a top below the 1.11 figure against the US Dollar having rebounded as expectedafter last month’s ECB policy meeting. Prices appear to be carving out a bearish Head and Shoulders chart formation, although confirmation of the setup is still pending for now.""A daily close below the 1.0777-1.0818 area marked by the May 27 low and the 23.6% Fibonacci expansion clears the way for a challengeof the 38.2% level at 1.0602. ...
"The US Dollar may be carving out a top after rising to the highest level since January 2011 against the Chinese Yuan in offshore trade. The appearance of a Shooting Star candlestick coupled with negative RSI divergence points to ebbing upside momentum and hints that prices may be laying the groundwork for a downswing.""A break below wedge support at 6.5369 confirmed on a daily closing basis sees the next major downside barrier at 6.4974, 38.2% ...
"The New Zealand Dollar looks poised to challenge two-month highs against its US counterpart below the 0.69 figure having extended upward for a third consecutive day. Prices have also broken above trend line resistance capping gains since July 2014, hinting a larger reversal may be ahead.""A daily close above the 0.6884-97 area marked by the 50% Fibonacci expansion and the October 15 high opens the door for a challenge of the 61.8% level at 0.6932. ...
Yakutsk. Minus 40 degrees Celsius. Child with ice cream.
Go to Profile
Mark as Read