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  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
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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
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  • Brent price falls after recovery failed to clear important $90 barrier
  • Reserve Bank of Australia keeps rates unchanged but signals possible further policy tightening

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Technical Outlook

Bounce after steep fall needs confirmation on break above important barriers

Slobodan Drvenica Dec 11, 2018
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Technical Outlook

Bulls face strong headwinds at 113.35 Fibo barrier, but thickening daily cloud underpins

Slobodan Drvenica Dec 11, 2018
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Technical Outlook

Bulls lack strength to break the base of thickening daily cloud

Slobodan Drvenica Dec 11, 2018
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Technical Outlook

Sterling consolidates above new 20-month low; near term outlook remains negative

Slobodan Drvenica Dec 11, 2018
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Technical Outlook

Directionless near-term mode as production cut decision was so far insufficient to spark stronger…

Slobodan Drvenica Dec 10, 2018
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Technical Outlook

Sterling slumps as UK PM May calls off Brexit vote in the parliament

Slobodan Drvenica Dec 10, 2018
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Technical Outlook

Bulls face headwinds at daily cloud base; cluster of converged MA’s underpins and expected to…

Slobodan Drvenica Dec 10, 2018
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Technical Outlook

Pound dips on weak GDP data; historical House of Commons vote on Brexit deal in focus

Slobodan Drvenica Dec 10, 2018
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Technical Outlook

USDJPY shows strong hesitation at key Fibo / cloud base 112.45 support

Slobodan Drvenica Dec 10, 2018
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Technical Outlook

Crude Oil jumps 4% on OPEC output cut agreement

Slobodan Drvenica Dec 7, 2018
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Latest Posts
  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
  • BTCUSD hits the highest in almost four months following rally of over 20% in past three days
  • 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

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