KIWI DOLLAR CHART; D

  Current rate – 0.65510         S1 – 0.65241          R1 – 0.65374 The Kiwi likely have a bearish trend on weekly time frame.The price is on the 50.00% fib retr., It looks like the pair is favoring the downside movement. Any  further gains we will treat as a … More KIWI DOLLAR CHART; D

USD/CHF

    Current rate –  1.03095              S1 – 1.02861                   R1  – 1.03035   The Swissie set a new 5-year high and it place above 38.20% of the fib extension. Cheap commodities and strong bullish dollar are pushing some of the … More USD/CHF

NZD/USD ; D chart

  Current rate 0.65689                                      S1 0.64549         R1  0.66303 StochasticRSI – showing overbought conditions, Daily chart – S1; R1 SHORT.

AUD/USD ; D

  Current rate: 0.72227                                       S1 0.71186                 R1 0.72997  The pair touch 61.80% fib retr.; Daily chart ; StochRSI showing overbought conditions still.  The price is going to 38.20%, … More AUD/USD ; D

AUD/CAD H4

    Current rate – 0.95887                              R1 – 0.97353                   S1 – 0.95045   While the U.S are celebrating Thanksgiving holiday, the market’s are losing liquidity and dulls volatility globally. This will present a … More AUD/CAD H4

STOXX 50

  With European Central Bank policymakers, in particular President Mario Draghi, paving the way for dovish action at their meeting on December, the Euro took another hit across the board last week. EUR/USD, after briefly flirting with a move towards 1.02€, closed the week at 1€. Markets are have been pricing in the events at … More STOXX 50

Gold rises but remains near multi-year lows with U.S. GDP in focus

    On Monday, prices fell to $1,065.00, not far from last week’s low of $1,062.00, a level not seen in almost six years. Gold futures are down more than 6% so far this month amid growing expectations the U.S. central bank will raise rates for the first time in nearly a decade at its … More Gold rises but remains near multi-year lows with U.S. GDP in focus

USD/CAD H1

S1 1.32178                                R1  1.33958                           Prev Close: 1.3362 Current rate –    1.3359 0.0002                               … More USD/CAD H1

AUD/NZD 4H CHART

  s1  1.04293                       R1 1.10816                     Prev Close: 1.1039 Current rate – 1.1080 0.0041                         Open: 1.1043  

GBP/USD H1 ; Cable

    GBP/USD – current rate 1.5113 S1 1.5087              R1 1.5187 Trend – Down Prev Close: 1.5123 The biggest drag on the FTSE 100 remains commodities and yesterday the Bloomberg commodity index reached new lows. This trend is expected to continue as whilst supply for most commodities is exceeding demand, … More GBP/USD H1 ; Cable