A break below this boundary exposes the rising trend line support set from mid-December, now at 99.97. Daily Chart – Created Using FXCM Marketscope 2.0 Spot Gold (NY Close): $1636.43 // +5.20 // +0.32% Prices broke back above the 38.2%Fibonacci …
A break below this boundary exposes the rising trend line support set from mid-December, now at 99.97. Daily Chart – Created Using FXCM Marketscope 2.0 Spot Gold (NY Close): $1636.43 // +5.20 // +0.32% Prices broke back above the 38.2%Fibonacci …
A break above this juncture initially targets the 1421.40. The 1411.10 level has been recast as near-term support. 4hr Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Last week, prices completed a Descending Triangle chart pattern with …
The 23.6% Fib has been recast as near-term support. Daily Chart – Created Using FXCM Marketscope 2.0 Prices are recovering from support in the 1662.10-167.05 region, with the bulls aiming to challenge 1719.76 from here. A break above this …
The initial recent decline was started by a strong bearish pin bar reversal as seen in the below chart. 2 bearish Hikkake’s can also be seen strengthening our short term bearish outlook. A bearish flag pattern has also started to form on the …
Alternatively, a sustained push higher targets the 1400 figure.” Daily Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Unchanged from yesterday: “Prices are testing key support at 105.82, the 23.6% Fibonacci retracement level …
The 1746.10 level has been recast as near-term support, with a break back below that exposing 1720.38. Daily Chart – Created Using FXCM Marketscope 2.0 Silver is expected to mirror’s gold’s response to the US Employment report, treating the …
A break above the January 26 high at 1334.40 is needed to overturn near-term bearish cues. 8hr Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – After a month of standstill, prices appear to have finally made a directional break with a …
Initial support lines up at in the 1299.10-1293.30 region. Channel resistance is now at 1328.10. Daily Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Positioning is broadly unchanged from yesterday: Prices continue to consolidate above …
Initial support stands at 1265.30, while a daily close above 1292.90 exposes 1305.40. Daily Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Unchanged from yesterday: “Prices remain locked between support at 101.28 and resistance at …
First Solar's murky futureMarketWatchGasoline demand is at its lowest since the 1990s, so why does a barrel of domestic crude oil cost around $100? Christian Berthelsen explains why on Markets Hub. Photo:AP This time, First Solar is blaming Europe….