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Technical Analysis – GBPUSD retraced from psychological resistance.

Oct 25,2019

Following our last week’s report on GBPUSD, it further its gains towards the support-turn-resistance near 1.3000 psychological level from March this year. However, the pair lost its upward momentum and retraced from its high levels back to 1.2850 level. If the pair breaks below its 1.2800 support, a further retrace......

Technical Analysis – GBPUSD skyrockted close to 1000-pips since its lowest level in August

Oct 18,2019

GBPUSD received strong bullish momentum, breaking through a few resistance zones easily. Price action is currently testing a support-turn-resistance near psychological level 1.2900 from April this year. A breakout above that level will send the pair to check its next resistance zone 100-pips from here. In terms of......

GOLD WEEKLY ANALYSIS – GOLD MARKET WAITNG FOR CLUES

Oct 18,2019

By Oliver Garcia Twitter: @ogfxtrader GOLD WEEKLY ANALYSIS – GOLD MARKET WAITNG FOR CLUES Since our last gold market analysis, the precious metal has been working in the formation of a falling wedge, testing key support level, and fighting market adversities. From previous falling wedge formation from February to May,......

Technical Analysis – WTIOIL false breakout, traded back into its triangle (27 Sept 2019)

Oct 11,2019

Technical Analysis – WTIOIL false breakout, traded back into its triangle By Oliver Garcia Twitter: @ogfxtrader As mentioned in last week report, oil’s price action has been trading within a symmetrical triangle formation and only after the attack on Abqaiq in Saudi Arabia, price made a false break-out from......

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