By Aaron Sheldrick TOKYO (Reuters) – Oil prices rose for a fourth day on Wednesday, pushing Brent towards $70 a barrel as support from OPEC-led supply cuts and U.S. sanctions overshadowed a report showing an unexpected rise in U.S. inventories. Brent futures rose 36 cents, or 0.5 percent, to $69.73 a barrel by 0554 GMT, […]
Base: 1300There is no change in the gold pips today from the previous analysisAbove the ground we may see a rally to 1303, which breaks the pair to 1313Below the level of the base is likely to go to targets at 1280 and by breaking it will see a wave of decline to 1270/1265 levels
Base: 110.70The pair is still within the ascending trend we may find targets at 112.25 levels and with a breach of this level we will continue to rise to 113.50 levelsThe return below the base may see a limited negativity to the levels of 110.50, which break down we see more negative levels to 109.55
Base: 1.3155As we expected in our previous recovery, the pair achieved the targets of 1.3050 and retested the 1.3000 point and witnessed an uptrendOn the whole below today’s base and with a break of 1.3000 will push the pair further downside to 1.2970 which if broken this level will see further drop to 1.2860 levelsGoing […]
Base: 1.1250Below the base we may find targets at 1.1170 and with a possible break we see a strong drop to the 1.1100 levelsAbove the base we have targets 1.1290 and then 1.1330
Base: 1300Yesterday, the pair achieved the target mentioned in our previous analysis at 1298 which back strongly return at 1290 levels and the pair is still floating between 1300 and 1288Going back above we might see a rally to the 1303 level, by breaks pair will push it to test to 1313 Below the level […]
Base: 109.55The pair is still within the ascending trend after achieving the target mentioned above our previous level of 111.00 and currently breaking the level of 111.20 could push the pair to further gains to the level of 111.60 and then to 112.15A return below the base and break below stability level of 109.20 may […]
Base: 1.3140Below the key level we may find the targets at 1.3050 are more available and with this break the pair might push to retest the 1.3000 level and stabilize below this level the downside wave could extend to 1.2970 / 1.2960A return above the pivot level could push the pair at 1.3200 and then […]
Base:1.1325The Euro is still in the downtrend and is now moving casual between the 1.1250 and the 1.1205 areaThe pair is likely to target 1.1180 when breaking the 1.1205 levelGoing back above 1.1290 might see a rally to the day’s high and stability will push the pair to a very important level of 1.1350 Which […]
