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US Air Strikes Pushing Up USOIL

USOIL was already on uptrend but after US Airstrikes on Syria, the crude boosted higher towards a major resistance zone. Our technical view was quite accurate from our article on 5/4 and the price followed our scenario. Daily The price reached the zone and pulled back. It was a decent short-term selling setup or a […]

Forex Daily Outlook – Volatile Opening

EURUSD gains 0.23% today and still maintains its positive bias in the daily timeframe. The price remains above 5EMA while all MAs are trending higher. The grey zone still remains a solid resistance. Main week’s events are the ECB interest rate where we don’t expect surprises as well as the EU meeting on the common […]

GBPJPY Technical Daily View

The pair is forming a symmetrical descending triangle. This pattern is usually bearish. The price is very close to the lower side of the triangle; therefore, it is make or break. On the other hand, if the support holds, then it may head on the upper white trendline (of the triangle). Daily   Hourly The […]