GOLD failed last night to confirm the previous day’s positive day reversal suggesting further downside pressure. Only an hourly closing above 1243,20 will postpone further direct weakness!! The indicators of the daily chart are still well negative ...

XAU/USD Spot Gold

The DAX confirmed a session of consolidation remaining interior the previous day’s range forming a new inside day with 9697 – 9575 the levels to follow in the coming hours. The indicators of the daily chart are still well positive but those of the ...

Analyzing Dow, Dax, FTSE, etc

GOLD confirmed a weak closing below 1240 supporting further weakness and this could mean a move below 1200!! A weekly closing below 1240 will be a further confirmation completely aborting the reversed S_H_S formation, never confirmed, we suggested ...

XAU/USD Spot Gold

The pair confirmed a further weak closing maintaining the gap down of about 100 pips also in the US market. The low last night was 1,6098; we’re therefore starting again with a small gap down that could help the CABLE to test directly the 1,60 level ...

Cable Update (GBPUSD)

The pair confirmed a weak closing even below the support of the inside day at 1,2910 suggesting further direct weakness toward 1,2750!! The indicators of the daily chart are still well negative; our reference RSI reached the 20% level (to see ...

EURUSD

The pair confirmed a positive closing last night but it failed to confirm the move above 0,9375 and even that above the 55 days line at 0,9356. However, while above the 0,9340 level we expect the AUSSIE to try further on the upside!! The indicators ...

AUD/USD

The pair plunged below 1,30 suggesting a direct extension of the decline toward 1,2750 before 1,25! The indicators of the daily chart are now well negative and well oversold even in the weekly one. Last time the daily indicators were at the present ...

EURUSD

The pair formed a negative day reversal but only a daily closing tonight below 104,73 will confirm a s/t top suggesting a return toward 104! The indicators of the daily chart are still well positive but also still overbought while showing a ...

USD/JPY Discussion

The pair confirmed a closing above the top of the previous session suggesting we may have a s/t bottom. However to confirm higher levels we need another strong closing possibly above 1,3161, yesterday’s top! The indicators of the daily chart are ...

EURUSD

The pair confirmed a weak closing last night but it is already recovering all what it made yesterday on the downside. A closing at the present levels will confirm a positive outside day suggesting a retest of the 0,9375 level that could be the neck ...

AUD/USD

The pair confirmed this morning a small reversed S_H_S formation in the hourly chart starting a small correction that should confirm a test of the 200 hours line at 1,3172!! The closing last night was also positive forming a positive day reversal. ...

EURUSD

The USD/CAD confirmed a very strong closing even well above the 200 days line, now support at 1,0894. Possible further strength toward the 1,10 level! The indicators of the daily chart are already above the line as well as those of the 4h one ...

USD/CAD

The CABLE confirmed a small positive closing while remaining interior the inside day with 1,6610 – 1,6500 still the levels to follow in the coming hours. While above 1,6565 we expect a test on the upside. Already an hourly closing above the 200 ...

Cable Update (GBPUSD)

The EUR/USD confirmed a negative closing missing to confirm the previous day’s positive day reversal. However, only a closing below 1,3150 will support a direct extension of the decline! The indicators of the daily chart are still well negative as ...

EURUSD

The CABLE confirmed a further weak closing below the low of the previous session suggesting further downside pressure suggesting a 1,65 undershooting! The indicators of the daily chart are still well negative and still well oversold while however ...

Cable Update (GBPUSD)

The EUR/USD formed a positive day reversal while waiting for Yellen’s comment but not only, because also Draghi could support some volatility today! Only a daily closing tonight above 1,3290 will support a s/t bottom. The indicators of the daily ...

EURUSD

WTI Crude Oil threatens a more bearish turn in its broader multi-year range. WTI has come under increasing pressure in its multi-year range. Removal of trendline support at $97.30 would see a deeper sell-off to the $91.24 low, below which would aim ...

Trading Crude Oil with price action + indicator

GBPUSD’s decline continues to slow, and Tuesday saw a small bullish "reversal day". With RSI momentum also failing to confirm the new cycle lows (c.f. lower panel to the right), we continue to look for a near-term base. Above 1.6828 is needed to ...

Cable Update (GBPUSD)

Daily market analysis from CS, DB, CB and others... - Morning Finance

How to get Daily Forex Analysis from big institutes

S&P 500 faces a key test of support at 1903/1893, loss of which would point to a more protracted correction lower. The S&P 500 maintains a top below 1953, and market look for a test of the medium-term uptrend and price/retracement support at ...

Analyzing Dow, Dax, FTSE, etc