Currency

Daily analysis of USD/CHF for June 11, 2018 USD/CHF This is a weak market, for the USD/CHF has been caught in a slow and gradual bearish movement since May 10 (over 230 pips). It is possible that the market would continue going further downwards (albeit slowly), especially when EURUSD gains a lot of stamina. This […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is bearish in the long-term, and bullish in a very short-term. Since May 30, price has been making a measure of bullish attempt (save the correction that was witnessed on Friday). A movement above the resistance lines at 1.1850, 1.1900 and 1.1950 […]

The bounce in AUD/USD is nearing some critical technical levels ahead of a big week for financial markets. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

ETH/USD Medium-term Trend:Bullish   Resistance: $650, $700, $750 Support: $550, $500, $450 Yesterday, June 6, price of Ethereum was in a bullish trend. In the previous day, the price of Ethereum was in a bearish trend at a price of $604.36. It was assumed that if the asset falls, it might fall to the lows […]

After 3-months of coiling the S&P500 has regained its focus on the all-time highs following the return of bullish momentum. Near the end of April, we highlighted the importance of a large coiling pattern on the S&P500 and the impact a breakout could have on global sentiment. The logic was simple; a notable breakout in either direction […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold is bearish in the long-term, and neutral in the short-term. Apart from the noticeable downwards movement in the first half of May, price has not assumed any directional movement so far this week. A rise in volatility will be witnessed in this June, which would most probably favor bears, […]

Since confirming an evening star formation on the monthly chart, momentum is back in line with a longer-term bear trend to suggest the end of an 18-month correction may have been seen. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

BTCUSD Long-term Trend – Bearish   Distribution territories: $10,000.00, $11,000.00, $12,000.00. Accumulation territories: $6,000.00, $5,000.00, $4,000.00. The US dollar has been pushing against Bitcoin, flagship cryptocurrency. The last time BTC made a strong move was on May 5, as on that day, it was surged thanks to the bulls, to the point of touching the […]

Daily analysis of USD/CHF for June 4, 2018 USD/CHF The USD/CHF trended downwards in the first few days of last week, and then started a bullish correction on May 30. Price went upwards by 200 pips in the context of a downtrend, but the movement was not significant enough to override the extant bearishness in […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair trended downwards in the first few days of last week, and then started a bullish correction on May 30. Price went upwards by 200 pips in the context of a downtrend, but the movement was not significant enough to override the extant […]