Feb 21,2020

Following the previous report on GBP/USD, the pair failed to reach the higher levels of the falling wedge, with pressure near the 1.3000 handle now push the pair trading lower back into previous channel zone. In terms of the EMA, bearish bias can be seen with the 18EMA crossing below......

Feb 21,2020

Since our last report on the crude oil market sector, the price continued its plunge by 8.36%, to finally finding support at 49.35 handle, previous support from November 2018.  With the Covid-19 initial panic still hovering the market – sadly – its impact in the crude market demand is now......

Feb 14,2020

Following the previous report on GBP/USD, the pair defying the bearish breakout from the 1.2900 psychological level as it now trades back above the 1.3000 handle. However, overall price action since the delivering announcement of Brexit in mid-December, which formed the evening star then, now continues to show a possible......

Feb 07,2020

Looking at the latest report on GBP/USD, the pair succeeded in breaking below its psychological level at 1.2900 as it now trades below both the 18EMA and 50EMA. The current candlestick pattern suggests a possible falling wedge, with the previous evening star, continues to convince bears to continue selling the......

Feb 07,2020

The fundamental law of supply and demand has been known as the primary factor determining the price of black gold. The crude oil market is highly sensitive to the smallest disturbance in this fundamental. There is a well-known quote that says: “The oil market is especially sensitive even to a......

Jan 31,2020

It is well known in the trading and investment argot that while bulls usually take the stairs, the bears would instead jump out of the window, well January 2020 has been a clear example of this expression. It only took a month to clear three months of gains with the......