Forex Analysis

Overview of Crude Oil: WTI Continues to Climb on Trade Hopes

US Oil – also known as West Texas Intermediate (WTI) and Texas Sweet Light – is another type of ‘sweet light’ crude oil, that has...

Technical Overview of AUD/USD, EUR/USD and USD/CAD Currency Pairs

AUD USD The AUD traded higher against the USD and closed at 1.3484. Gross Domestic Product q/q (GDP) is a monetary valuation of all goods...

Technical Overview of EUR/USD, AUD/USD and USD/JPY Currency Pairs

EUR USD The EUR traded higher against the USD and closed at 1.136. Producer Price Index (PPI)m/m reflects an average change in goods selling prices...

Technical Overview of USD/CAD, AUD/USD and USD/JPY Currency Pairs

USD CAD The USD traded lower against the CAD and closed at 1.3394. NAHB Housing Market Index is released by the National Association of Home Builders....

Technical Overview of EUR/USD, GBP/USD and USD/CHF Currency Pairs

EUR USD The EUR traded a bit lower against the USD and closed at 1.1368. Today ECB Deposit Rate Decision is announced after the European...

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Technical Overview of the Commodities Gold and Silver

Overview of Gold 1) It is expected, that the price for gold could continue to decline. A potential downside target is the support level at...

Technical Overview of CAD/CHF and USD/CHF Currency Pair

CAD CHF The CAD traded lower against the CHF and closed at 0.7466. Confluence Playing Actively 1) Main trend is towards the South. 2) Formed...

Market Morning Briefing by XtreamForex

EURUSD: bearish bias  for the coming week, expecting the pair to trade downward in a 1.1275-1.0950 range in the near-term. GBP/USD-No-Deal Brexit Risk Remains The Big...

Overview of Gold – Bearish Sentiment May Seen

GOLD The XAU traded lower against the USD and closed at 1280.34. What do we have in the shiny material? 1) Bearish ABCD Pattern. 2)...

Market Morning Briefing by XtreamForex

1. The Bank of Canada released the Canadian Overnight Rate data, which came out in line with expectations of 1.75%.According to the official release: "Overall,...

Technical Overview of AUD/CHF Currency Pair

AUD CHF The AUD traded higher against the CHF and closed at 0.6972. 1) Formed Mb/IB. 2) 0.7006 Level of breakout Is very important because....