Technical Outlook For Oil 26-8-2015

Technical Outlook For Oil  26-8-2015

Technical Outlook For Oil  

Crude Oil moved yesterday in the average movement of 172 cent, its highest level at 39.86 and the lowest price at 38.14 and closed at 38.87 to gain 71 cent during yesterday’s trading according to the economic data.

Oil opened today's trading at 39.57 volatile between 39.75 and 39.02 during the Asian session trading at 73 cent for the poor liquidity in the market range.

Oil moves in a series of down impulse waves inside channel.

We saw the pair achieved our target at 39.70

It is expected that the oil is heading targeting 38.12 as the target on time frame of four hours, and until now we see the bears control on market direction

And the Relative Strength Indicator "RSI" show us distribution operations at the market.

Today we are looking for economic data from usa like Core Durable Goods Orders m/m at 12.30 GMT.

Support levels: 38.05, 37.23 and 36.33
Resistance levels: 39.77, 40.67 and 41.49

More Technical Outlook Fx_stations

Read More

Technical Outlook For Gold 26-8-2015

Technical Outlook For Gold 26-8-2015

Gold moved yesterday in the average movement of 218 Pips, its highest level at 1156.43 and the lowest price at 1134.49 and closed at 1140.45 to Lose 139 pips According to yesterday’s economic data.

Gold opened today's trading at 1140.01 volatile between 1133 and 1146 during the Asian session trading at 13 Dollars for the poor liquidity in the market range.

Gold is moving in a series of up corrective waves after returning from the trend line.

We saw the gold achieved our target at 1138

It is expected that the yellow metal is heading targeting 1150 as a target on time frame of four hours and until now we see the Bears control on market direction.

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from the USA

Support levels: 1131.15 and 1121.85 and 1109.21
Resistance levels: 1153.09 and 1165.73 and 1175.03

More Technical Outlook Fx_stations

Read More

Technical Outlook For Dow-Jones 20-8-2015

Technical Outlook For Dow-Jones 20-8-2015

Dow Jones moved yesterday in the average movement of 262 pips, its highest level at 17509 and the lowest Level at 17247 and closed at 17287 to lose 194 pips during yesterday’s trading.

Dow opened today's trading at 17287 volatile between 17319 and 17222 at 97 Pips for the poor liquidity in the market range, and then the index went down to 17128 in the European session.

Dow moves in a series of down corrective waves below the trend line.

We saw the pair achieved our target at 17296

It is expected that the Dow is heading targeting 17080 again as the target on time frame of four hours and until now we see the Bears control on market direction

Support levels: 17186, 17085 and 16924
Resistance levels: 17448, 17609 and 17710
More Technical Outlook FXS

Read More

Technical Outlook For Usd-Jpy 20-8-2015

Technical Outlook For Usd-Jpy 20-8-2015

Usd/Jpy pair moved yesterday in the average price movement of 78 Pips, it recorded the highest level at 124.46 and the lowest levels at 123.68 levels and closed at 123.78 to lose 62 pips According to yesterday’s economic data.

The pair opened today at 123.78 oscillatory between the 124.06 and the 123.77 levels during the Asian session in a trading average of 29 pips for the limitation of the market liquidity.

The pair is trading in down corrective waves after retest the uptrend line.

It is expected that the pair Usd against the Jpy will go to targeted level at 124.39 in the next few hours.

And the Relative Strength Indicator "RSI" show us distribution operations at the market and the control of Bears on the market

Medium term trend: down

Support levels: 123.48, 123.19and 122.70
Resistance levels: 124.26, 124.75and 125.04
More Technical Outlook FXS

Read More

Technical Outlook For Eur-Jpy 20-8-2015

Technical Outlook For Eur-Jpy 20-8-2015

Eur/Jpy pair moved yesterday in the average price movement of 78 Pips it recorded the highest level at 137.83 and the lowest at 137.05 and closed at 137.61 to gain 52 pips during yesterday’s trading.

The pair opened today at 137.61 oscillatory between the 138.12 and the 137.60 during the Asian session in a trading average of 52 pips for the limitation of the market liquidity.

The pair is moving in a series of up corrective waves inside the triangle.

It is expected that the pair eur-jpy will reach the targeted level at 138.51 in the next few hours.

The Relative Strength Indicator "RSI" reveals that the accumulation operations at the market and the control of bulls on the market.

Medium term trend: up

Support levels: 137.16, 136.71 and 136.38
Resistance levels: 137.94, 138.27 and 138.72
More Technical Outlook FXS

Read More

More Technical Outlook For Gbp-Usd 20-8-2015

More Technical Outlook For Gbp-Usd 20-8-2015

Gbp/Usd pair moved yesterday in the average price movement of 65 Pips, it recorded the highest level at 1.5699 the lowest levels at 1.5634 levels and closed at 1.5678 to gain 21 Pips during yesterday’s trading according to the economic data.

The pair opened today at 1.5678 oscillatory between the 1.5700 and the 1.5662 levels during the Asian session in a trading average of 38 pips for the limitation of the market liquidity.

The pair is moving in a series of up corrective waves after return triangle.

It is expected that the pair Pound against the dollar will go to targeted level at 1.5700 in the next few hours According to the economic data today.

The Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of bulls on the market

Medium term trend: up

Support levels: 1.5641, 1.5605and 1.5576
Resistance levels: 1.5706, 1.5735and 1.5771
More Technical Outlook FXS

Read More

Technical Outlook For Eur-Usd 20-8-2015

Technical Outlook For Eur-Usd 20-8-2015

Eur/Usd pair moved yesterday in the average price movement of 116 Pips, it recorded the highest level at 1.1133 and the lowest at 1.1017and closed at 1.1118 to gain 98 Pips during yesterday’s trading according to the economic data.

Eur-Usd pair opened today at 1.1118 oscillatory between the 1.1147 and the 1.1113 levels during the Asian session in a trading average of 34 pips for the limitation of the market liquidity.
Eur-Usd  pair is moving in a series of up corrective waves after breaking the Triangle.

it is now inside wedge.

It is expected that the pair eur-usd will reach the targeted level at 1.1028 in the next few hours.

The Relative Strength Indicator "RSI" reveals the accumulation operations at the market and until Now we are seeing the control of bulls on the market.

Medium term trend: up

Support levels: 1.1045, 1.0973 and 1.0929
Resistance levels: 1.1161, 1.1205 and 1.1277
More Technical Outlook FXS

Read More