Due to tomorrow’s data, which predict a reduction in inventories, we can consider reaching the level of USD 54 per barrel to a large extent. The chart below shows our view of the oil situation in this strong uptrend. Breaking local resistance and pumping the rate hard before the dataContinue Reading
The German index rebounded from the trendline level underpinned by Over Balance. Currently, the rate looks very promising with a possible range on the resistance from February this year. And the image that was already uploaded earlier. For the record.Continue Reading
The main currency of the euro zone after strong gains rebounded from the resistance zone and is slowly going down. We stick to the rule that if the rate bounces from a certain level for the third time, devils, etc., it means that investors are constantly trying to break through,Continue Reading
Currently, gas is in an interesting place. The stock corrected the recent strong downward move and there is a chance for a further decline to the levels marked in color. In the event of a trend line breakthrough, one should wait for a correction and a designated further upward moveContinue Reading
Currently, the British Pound does not have a specific direction. Asia almost did not move the price, which caused the chart to flatten due to this session. It should be noted that despite yesterday’s exit from the channel, the rate returned and stopped on support from the previously designated zone.Continue Reading
A few images from Monday morning. Last week surprised us a lot due to the volatility much higher than at the beginning of the week. EURUSD H1 retest to the channel line and rebound, giving a positive impulse to the direction Petroleum OIL. On Wednesday, expected macroeconomic data with littleContinue Reading
Will DAX’s traders show enough strength that the current decline will be completely reduced? If the current local resistance level is broken, we can wait for a correction and consider long positions, bearing in mind that there is an uptrend all the time. However, if the resistance level is onlyContinue Reading
A few days on the German DAX nothing special happened, today the volatility is beginning to return. The assumptions of getting to the level from the picture are still validContinue Reading
XAGUSD has been under broad consolidation for several days now. However, from a wider perspective of D1, it can be seen that we are getting closer to the solution. There are two possible scenarios, if the price moves in one direction, we should consider the following.Continue Reading
More than two weeks ago, we set a reach end-of-January for Oil. So far, the price is going in the right direction, so if the price does not consolidate temporarily, or investors do not hit the rate, the target may be achieved sooner. In the image above, the price rangeContinue Reading
