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Technical Analysis

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Weekly Market Outlook 12-10-20

In this Weekly Market Outlook 12-10-20, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it!Disclaimer: The...

Oil Remains in the Range: What’s Next?

Good day,Oil is gradually targeting the level of 46. So far, this level is going to provide some resistance therefore oil might abruptly drop.The S&P500 stock index is testing the historical...

USD/RUB at the Crossroads: What’s Next?

Good day,Last week, the Russian ruble tried to retest the level of 80 but dropped after facing the trendline. Although the asset might still test the level of 77.00 and potentially break it...

USD/RUB is on the Move!

Good day,The USD/RUB pair has touched the upper boundary of ascending triangle, pushing forward. There is a probability that the asset might target the level of 77.00 and jump:Having pulled from the...

USD/RUB Is Gradually Targeting the Level of 80!

Good day,The price of Russian ruble has reached the psychological level of 77.00, therefore the asset might potentially pull back to the uptrend and then only try to approach the level of 78.Having...

Chart of The Day GBPCAD

Chart of the Day GBPCADGBPCAD Potential Reversal Zone - Probable Price PathGBP: The British government implements more restriction measures and is worried about the prospects of the British economic...

USD/RUB: Gradual Rally or Abrupt Drop Ahead?

Good day,USD/RUB price keeps heading up, targeting the 77.00 level. This asset might also drop, gaining a great support level at the very bottom:Brent oil has pulled from the 40.00 psychological...

S&P 500: Potential Drop Ahead?

Good day,The US index S&P500 has dived under the level of 3396.80, trying to remain there for now. In principle, the asset might potentially drop till the level of 3138.00 although it can fall...

Brent Oil Prices Fall: What’s Next?

Good day,The price of the EUR/USD pair has approached the lower boundary of uptrend. Also, the asset’s price is trying to close trading day with a bullish engulfing. We feel that the asset should jump...