Technical Analysis and Outlook The main downtrend was completed on March 7, and a new Main Down Trend Path is marked at 1.1038 . As the currency has broken out of the tight trading zone (See Euro Chart Analysis March 7) made take-out all designated vital take profit and/or initiating buying - Mean Sup 1.1260 , Key Sup 1.1218 along with completed Inner...
Technical Analysis and Outlook The downtrend is in progress, as the currency has broken out of the tight trading zone and violating Mean Sup 1.1330 in the process. However, a significant resistance stands at Mean Res 1.1390 . To the downside, we have newly created weak Mean Sup 1.1306 along with Mean Sup 1.1261 and Key Sup 1.1218 . Other significant...
Technical Analysis and Outlook WTI crude oil has delayed its up move and is continuously trading in a stagnated range - Mean Sup $55.15 and Key Res $57.15 . However, its path to near-term outer Oil Rally $58.40 is sound. On the downside vulnerable Mean Sup $55.1 5 is prone to be taken out - Keep an eye on critical Key Sup $52 as well. (For Market...
Technical Analysis and Outlook With Gold completing Gold Rally $1245 , the metal is nose diving with phase 1,2 completed, and phase 3 in progress. When we will see a rise and why? We can only speculate. Probability wise the rally will catch once everyone will be calling the Gold market overbought and finished, or when stabilization near downside support such as ...
Technical Analysis and Outlook The SPX index is continuously moving steadily to higher towards our inner Index Rally 2840 , while a weak standing Key Res 2814 is prone to be retested in the next day or so, while next inner Index Rally showed up at 2880. On the downside, there is a newly created intermediate Mean Sup 2775 , established Mean Sup 2747 and ...
Technical Analysis and Outlook The downtrend is in progress, however, presently the currency is in the no-mans-land territory, hovering between Mean Res 1.1390 and Mean Sup 1.1330. The upside potential is likely at a point with resistance seeing Mean Res 1.1480. To the downside, we have Mean Sup 1.1261 and Key Sup 1.1218 along with completed Inner ...
Technical Analysis and Outlook Crude oil has stalled its up move and is currently trading between Mean Sup $55.15 and Key Res $57.15 . However, its path to near-term outer Oil Rally $58.40 is intact. On the downside weak Mean Sup $55.15 and major Key Sup $52 is valid. (For Market Commentary conclusion, please visit the TradingSig_dot_com).
Technical Analysis and Outlook The British Pound has established its path towards extended Currency Rally marked at 1.3480 following completion of the Inner Currency Rally $1.3333 . On the downside, we have developed a new strategic Key Sup $1.3040 (For more Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook Despite the Bitcoin dead-cat-rebound over the weekend the short/term upward move has unfolded by retesting our completed Outer Coin Rally $4161 . The firm Key Res $4105 is in place, while on the downside we have fresh weak Mean Sup founded at $3730 , along with Key Sup's at $3560, $3360 and $3191 respectively. (For more Market...
Technical Analysis and Outlook The index is continuously moving steadily to higher towards our Next Index Rally 2840 , while a significant Key Res 2814 will act as a major barrier. In near-term, on the downside, there is an intermediate Mean Sup 2747 , and Key Sup 2706 . (For latest Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook With Gold completing Gold Rally $1245 as well as retracement Phase 1 is poised to move either towards Key Sup $1302 or resume the rally to the newly established Key Res $1341 and beyond. (For the latest market talk, please see the site 'Market Commentary' tab - TradingSig_dot_com).
Technical Analysis and Outlook Crude oil has met Key Res $57.15 on its path to near-term outer Oil Rally $58.40 . On the downside weak Mean Res $55.80 and major Key Sup $52 . (For Market Commentary conclusion, please visit the TradingSig_dot_com).
Technical Analysis and Outlook Despite the Bitcoin, weakness, the short/term upward move has materialized by completing Inner Coin Rally $3948 ; however, traders and investors should continue to be cautious with the coin as the cryptocurrency might form a break-out move to attack the Outer Coin Rally $4161 - as of this posting the is no Trade Selector Signal...
Technical Analysis and Outlook With Gold breaking out over Key Res $1321 now in a state to advance towards the Gold Rally $1345 and it is poised to move towards Next Gold Rally $1390 in the near-intermediate time while looking forward to addressing 2018 Yearly High $1366 , and Key Res $1258 . On the downside, we have a very steady Key Res $1303 . (For...
Technical Analysis and Outlook The index is in the third 'Up Leg' and is heading towards our Next Index Rally 2840 , while a significant Key Res 2814 is resting before the mark. In near-term, on the downside, there is intermediate Key Sup 2706 . (For latest Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook With Gold fulfilled Outer Gold Rally $1322 , Inner Gold Rally $1326 and the weak obstacle of the Key Res $1321 we are now in a position to witness an advance move towards the Next Gold Rally $1345 and possibly beyond in the near-intermediate time frame, while looking forward to addressing 2018 Yearly High $1366 , and Key...
Technical Analysis and Outlook Crude oil has completed the retracement path to near-term Mean Sup $52 . The initial resistance has embedded weak Mean Res $55.15 and solid Key Res $57.15 with the next Oil Rally at $58.40 . (For Market Commentary conclusion, please visit the TradingSig_dot_com).
Technical Analysis and Outlook Despite the Bitcoin, weakness, the short/term rally is intact from a charting technical outlook; however, traders and investors should continue to be cautious with the coin as the cryptocurrency might form a break-out move to attack the Key Res $3682 . This could drive to a swift movement to above its trading range. The firm Key...