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  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data
  • US inflation eases in July
  • Brent price falls after recovery failed to clear important $90 barrier
  • Reserve Bank of Australia keeps rates unchanged but signals possible further policy tightening
  • EURUSD – bulls hold grip but continue to face strong headwinds at 100DMA / daily cloud top
  • USD INDEX – key technical support zone remains under increased pressure

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Technical Outlook

Bulls remain in play but unable to clearly break above $55.55 pivot

Slobodan Drvenica Feb 5, 2019
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Technical Outlook

Pivotal 110 barrier continues to resist

Slobodan Drvenica Feb 5, 2019
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Technical Outlook

Break below 200SMA risks extension below psychological 1.30 support

Slobodan Drvenica Feb 5, 2019
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Technical Outlook

Bears extend into second day as cloud twist attracts

Slobodan Drvenica Feb 5, 2019
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Technical Outlook

Aussie advances on less dovish than expected RBA, but the downside remains vulnerable

Slobodan Drvenica Feb 5, 2019
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Technical Outlook

Cable retests key 200SMA support after downbeat UK data further weakened near-term structure

Slobodan Drvenica Feb 4, 2019
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Technical Outlook

Extended bulls look for clear break above pivotal $55.55 Fibo barrier

Slobodan Drvenica Feb 4, 2019
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Technical Outlook

Recovery extension pressures pivotal 110 barrier

Slobodan Drvenica Feb 4, 2019
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Technical Outlook

Aussie extends pullback after downbeat data; RBA in focus for fresh signals

Slobodan Drvenica Feb 4, 2019
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Technical Outlook

Pullback after multiple upside rejections still holding above strong support zone

Slobodan Drvenica Feb 4, 2019
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Latest Posts
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data

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