The dollar index plunged 0.61% on Thursday 16th Feb, fell to a 1-week low of 100.38. Despite the better-than-expected US housing market data (Jan) and the initial jobless claims (for the week ending Feb 11), the dollar index has seen the biggest intra-day fall since the beginning of Feb, indicating the end of the uptrend […]

Silver has a good shot at outpacing Equities throughout the year. Carley Garner, DeCarley Trading. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#206689 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman […]

The price of gold is in a bullish short-term trend. The price has reversed from $1,216 and is trying to break highs recorded this year of $1,244.50. We might see a pullback but overall technical picture is bullish and our target of $1,280-$1,320 remains valid. Red line – resistance (broken) Black line – support Gold […]

Wave summary: Wave [ii] completed with the test of 1.4618, which was close to a perfect 61.8% correction of wave [i]. All we need now is a clear break above resistance at 1.4862 that confirms a strong rally in wave [iii] higher to 1.5282 and in the long term much more upside closer to 1.5837 […]

Wave summary: We continue to look for a break above minor resistance seen at 121.05 and more importantly a break above resistance at 121.77 that will confirm red wave iii higher to at least 123.47 is unfolding. Short-term we expect minor support seen at 120.65 will be able to protect the downside for the expected […]

As EUR/USD and Gold are expected to retrace in coming weeks, we expect oil to make a last move and top out. It could enter several months of correction while the Energy sector widely under-performs, Jean-Francois Owczarczak, Director, Management Joint Trust and FinGraphs.com. You can view this video and the full video archive on the […]

Overview Gold resumes its positive attempts after the sideways fluctuation that appeared this morning. It supports the continuation of our bullish trend expectations for the rest of the day, with testing the targets at the level of 1,249.94 initially. We remind you that breaching this level will push the price towards 1,260.00 as the next […]

Overview The price shows bullish bias now in attempt to approach from our first main waited target at 18.30. It reinforces our positive overview on the intraday and short-term basis. It is organized inside the bullish channel that appears on the chart, waiting to breach the mentioned level to head towards 19.38, as the next […]

The way the regulation is going to be drafted for those 3 pipes, is going to have a massive impact on the UK Gas market going forward. Thierry Bros, Oxford Institute for Energy Studies. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#206316 Смотрите Dukascopy TV на вашем […]

Technical outlook: The 4H chart presented here is indicative of clear 2-wave count potential. The first is being worked out between $1,180 and $1244.00 levels; it is an immediate boundary, being worked out. According to this wave count, strong support lies at $1,205.00, which is also Fibonacci 0.618 and immediate trendline support as depicted here. […]

Recently, gold has been trading upwards. As I expected, the price tested the level of $1,235.00. According to the 1H time frame, I found hidden bullish divergence and parabolic bottoming, which is a sign that selling looks risky. My advice is to watch for potential buying opportunities. Targets are set at the price of $1,244.00 […]

Gold made a very bullish reversal yesterday. Despite falling towards $1,216, support was briefly broken but buyers stepped back in despite Dollar strength and supported the price. Moreover, the price continued higher and closed above $1,228-33 area where it is trading now. Red line – resistance (broken) Black line – support Gold has broken again […]

Wave summary: The correction from 1.4862 has become deeper than first expected. That has changed the short-term count slightly. Instead of wave [i] completing closer to 1.4953 wave [i] already completed with the test of 1.4862 and the ongoing correction is wave [ii]. As second waves has a tendency to become very deep, we need […]

Wave summary: We continue to look for a break above minor resistance at 121.33 and more importantly a break above resistance seen at 121.77 that confirms the expected rally higher to 124.09 and 126.54 to complete wave 3. Short-term support is now seen at 120.63 and again at 120.18 that should be able to protect […]

How to Easily ID Support and Resistance on Your Charts See an example in the chart of Bank of America (BAC) By Elliott Wave International You’ve probably heard the terms “support” and “resistance.” Common technical analysis terms, they are price points on a chart that can help determine when a move will pause, or even […]

Russia’s economy will grow at 2% with the current oil prices. Alexei Deviatov, Uralsib You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#206558 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez […]

Overview The price did not show any strong move since morning. It is fluctuating within tight range settling above the level of 1,221.50. Thus, there is no change on our bullish trend scenario that depends on holding above the mentioned level and above 1,211.31. Thus, supported by stochastic it is heading towards the oversold areas, […]

Overview Silver shows some slight bearish bias approaching from the intraday bullish channel’s support. As long as the price is above 17.43 level, the bullish trend scenario will remain active for the upcoming period, supported by the EMA50, which protects trading inside the mentioned channel. Wait for targetting 18.30 level initially. When it is breached, […]

Recently, gold has been trading sideways at the price of $1,225.50. According to the 30M time frame, I found hidden bullish divergence in creation on the moving average oscillator, which is a sign that sellers lost power. I found potential parabolic bottom formation, which is a very strong type of bottoming. My advice is to […]

Will Shell producers keep pumping oil? Chris Kairinos, Rand Merchant Bank You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#206413 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez la Dukascopy TV […]

For more info: http://www.easymarkets.com The modern day world presents us with an environment which is overly noisy and congested. The international markets are often no different. However, like in life, if you can take the time to clear you head and focus to understand what traded instruments actual are and what drives them, then you […]

Despite Dollar strength yesterday, Gold remained resilient and above $1,218-20 short-term support. As long as Gold remains above that level I expect a swift upward move towards $1,250 and eventually towards $1,280-$1,300. Gold remains in a bullish trend. Blue line – support Red line – resistance Gold is inside the 4-hour cloud. Short-term trend is […]

Wave summary: We continue to look for a break above minor resistance seen at 1.4828 and more importantly a break above resistance at 1.4862 that will call for a rally higher toward at least 1.4953, but could easily extend the rally higher to the 1.5276 target. Longer term, we are looking for much higher levels […]

Wave summary: We continue to look for a clear break above minor resistance seen at 121.33 and more importantly a break above resistance at 121.76 that will confirm continuation higher to 122.35 on the way to 126.54 that will complete wave 3 of the 109.48 low. Short-term support is now seen at 120.63 and again […]

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