Thursday, June 20, 2019
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Home Daily Analysis

Daily Analysis

Our Daily Analysis reports ensure that you’re always in-the-know. If it’s happening in the markets, you’ll read about it here!

Everything BTC Fans should know about Bitcoin Halving

Bitcoin has been surging this year and is up 151%. Right now is close to the psychological $10,000 level. Some news articles call for...

Daily FX Brief, Jun 20 – FOMC Triggers Volatility, BOE Rate...

A day before, the U.S. stocks posted modest gains after the Federal Reserve hinted at taking appropriate action amid uncertainties on the outlook. The...

US Dollar Index Moving as Expected after FED’s Decision

In our previous analysis, we commented on the lower probability of a new rate hike. Also, we expected a marginal upward move from the...

Agro-Commodities Price Action Update

On May 01, we commented the exhaustion signals of the bearish cycle in the agro-commodities group. In this post, we'll review what to expect...

Bitcoin: Intraday Price Action to Determine Its Next Direction

Bitcoin had a bounce on the daily support level of a range yesterday. The daily candle has come out like a hammer. Today’s price...

FOMC Meeting Wraps Up Today – Everything You Need to Know!

Tik Tok, Tik Tok. The clock is ticking, and the time for FOMC rate decision is coming closer and closer. Investors are following the...

Daily FX Brief, Jun 19 – Trading EUR/USD & Gold on...

Economic Outlook Ahead of major economic events, gold prices are range bound and continued to consolidate in a narrow trading range of $1,362- 1,340. Anyways,...

ETHUSD: Equations are Getting More Complicated

ETHUSD still is within a range as far as the daily chart is concerned. The price was near the resistance level from where Yesterday’s...

EURUSD Finds Support In The Confluence Area

In our last educational post, we introduced the confluence concept. In this short-term analysis, we'll analyse what to expect regarding the EURUSD pair. The confluence...

Euro Plunged Dramatically as ECB’s Draghi Signals Stimulus

A few hours ago, the European Central Bank's Presiden Mario Draghi shook the market with an additional policy easing sentiment. European Central Bank (ECB)...

Daily FX Brief, Jun 18 – Key Trade-Ideas In European Pairs,...

Economic Outlook { "colorTheme": "light", "isTransparent": false, "width": "510", "height": "400", "locale": "en", ...

Bitcoin: Is It Going to Be Buyers’ Paradise Again?

Bitcoin produced a good-looking bullish daily candle yesterday. The candle made a breakout at the level of daily resistance in which every Bitcoin trader...

Watch Out These Confluence Zones in The NZDUSD Cross

In this educational post, we'll introduce the confluence concept. After this, we'll apply to analyse the NZDUSD cross. The confluence concept A confluence is a convergence...

DXY – Short-term wave analysis

The Dollar Index (DXY) has moved bullish in the last days, correcting the decline it had in the first week of June. In this...

Over 200 Pips Plunge In Gold – What’s Wrong?

On Monday, the precious metal gold slipped dramatically from a 14-month high $1,357, placed in the previous session. The Greenback strengthened on robust U.S....

Daily FX Brief, Jun 17 – Trade Setups In GBP/USD &...

The Federal Reserve policy conference is due to be the most significant event for markets this week. Forecasts for a rate cut have risen...

Bitcoin Moving Above $9,000 Again – What’s New About it?

Bitcoin is back above $9,000. So what's new about it and what can we expect for the coming days? var tradingview_embed_options = {}; tradingview_embed_options.width = '100%'; tradingview_embed_options.height...

ETHUSD: A Dynamic Support May be Controlling the Game

ETHUSD has been in a range as far as the daily chart is concerned. The price had rejection from a resistance zone twice. After...

Yen Group – Long-Term Wave Analysis – Will JPY’s Strength Continue?

The Japanese Yen (JPY) is known as a risk-off currency. It means that when stock markets decline, investors tend to move to JPY as...

Daily FX Brief, Jun 14 – Top 4 Trade Setups Worth...

Economic Events Today   { "colorTheme": "light", "isTransparent": false, "width": "510", "height": "400", "locale": "en", "importanceFilter": "-1,0,1" } ...

Bitcoin Cash: Is the Bullish Trend Bending?

BCHUSD is in an interesting position. We all have been talking about buying opportunities on the pair. The daily chart’s horizontal support and resistance...

Gold Jumps as Stocks Slips: FED Rate Cut Expectations Underpins!

On Thursday, the price of safe heaven metal trades bullish below 1344 during the European session as the risk sentiment remained weak. Moreover, the...

Daily FX Brief, Jun 13 – Three Trade Setups In EUR/USD,...

A day before on Wednesday, the U.S. dollar was modestly higher as trade tensions, and U.S. interest rate policy remained in highlights. However, the...

EURGBP – An example of a speedy market!

Sometimes the price moves at high speed which doesn't allow to analyse or to enter in this market. R.N. Elliott in his Treatise "The...

ETHUSD: Will This Upside Move Make a Breakout on the Daily...

ETHUSD has been within a daily range for weeks. The price had a bounce three trading days ago at the support level and started...

Gold Bounces Higher – Sino-U.S. Trade War on the Cards!

On Wednesday, prices of the gold surged dramatically during the early European hours amid escalation in trade tension between the U.S. and China. Gold...

Daily FX Brief, Jun 12 – Trade Setups in Forex Ahead...

Economic Event's Outlook   { "colorTheme": "light", "isTransparent": false, "width": "510", "height": "400", "locale": "en", "importanceFilter": "-1,0,1" } ...

LTCUSD: Buyers Having a Party!

LTCUSD has been establishing a long trend on the daily chart again. After making a long-awaited breakout at a significant level of resistance, the...

DAX 30 – Short-Term Wave Analysis

After the five ascending moves, the DAX index has found s short-term top. In this post, we'll review what could the next move be in...

Gold Prices Surged As Risk-on Sentiment Dominates! 

On Tuesday, the safe-haven metal increased during in Asia despite the increase in Asian stock. Gold futures for August delivery, traded on the Comex...

Daily FX Brief, Jun 11 – Top Trade Setups Worth Watching...

Key Economic Event Today { "colorTheme": "light", "isTransparent": false, "width": "510", "height": "400", "locale":...

Bitcoin: Are the Buyers in the Driving Seat?

Bitcoin produced a bullish daily engulfing candle yesterday from a significant level of support. The price on the daily chart has been within a...

GBPUSD Short-term Wave Analysis – Hints of a Recovery?

In our previous post, released on May 28, we talked about the long-term ascending channel (read more.) The upward structure suggests more upsides for...

BTCUSD Daily Chart Harami Shows Bullish Strengh

Last week BTCUSD the price of the Bitcoin had a two-day drop from about $8,800 down $7,427. Then, it retraced for three days and...

USDJPY – Corrective Action. Which Will be the Next Impulsive Wave

After a prolonged downward trend with several impulsive and corrective legs, we see on the 4H chart that the price is following an expanding...

USD/JPY Peaking Out of Sideways Box – Is It Trying to...

On Friday, the USD/JPY pair ended the week marginally weak near 108.20, confined throughout these last few days to a close range. Nonetheless, it...

Daily FX Brief, Jun 10 – Trade Setups In EUR/USD &...

Todays Main Events on the Economic Calendar Today the market is all about U.K. Economic Events (scroll up to see them after the fact). Here's...

GBPCHF – Long-term wave analysis

This week the volatility will be driven by Pound Sterling and Swiss Franc. In this post, we'll review what could be the next path...

LitecoinUsd: Is the Buying Momentum Coming Soon or More Correction?

LitecoinUsd had a bearish day last Friday. The price had another rejection from the resistance level. The bearish candle looks strong. This might make...

What to expect from DXY after the US Employment Data Release?

The US labour market is at historical maximal levels, but the upcoming employment data release will be enough to strengthen to the Greenback? In...

Pre-NFP Analysis on EUR/USD – Bearish Channel In Play

With traders stripping back odds for an ECB rate cut, the stage seems ready for EUR/USD to rally in the wake of weaker-than-expected U.S....

Daily FX Brief, June 7 – Market Wrap- Trading Gold on...

The Greenback has been hit in previous weeks by the growing expectations for a U.S. rate cut ere year-end, as to grow China-U.S. trade...

EthereumUsd: The Buyers Are on Their Toes

EthereumUsd produced a spinning top daily candle yesterday. However, the candle may be called as a doji candle since it barely has a body....

GOLD Update: Fake Reversal

Gold Back to Bullish? Gold has made yesterday what analysts considered a trend reversal, by creating, together with the former two candles an Evening Star...

Daily Brief, Jun 6 -Focus on Europe and US

Todays Main Events on the Economic Calendar: EUROPE: GDP, Employment and ECB Interest rates USA:  Balance, Initial Jobless Claims, Labour Costs   { "colorTheme": "light", "isTransparent":...

Bitcoin: Who Are Going to Take The Control?

Bitcoin has been having a correction on the daily chart. The Day before yesterday, it produced a long bearish candle. However, yesterday’s candle came...

Update on Crude WTI: Volatility Shrink, Tight Range: How to Profit?

Crude Oil WTI price has been travelling downwards since May 21. June has stabilised the price in a tight range between $53.4 and $53.7....

Update on Gold: Bullishness Continues

  Gold 1H chart shows a clear breakout from a sideways channel. After the impulsive movement, the price had two consolidation candles, and the last...

LTCUSD: Buyers to Wait, Price Correction Is in Action

LTCUSD made an interesting move yesterday. On the daily chart, the price challenged a very significant level of support, but at last, could not...

Daily FX Brief, June 5 – EU and US Markit PMI...

Our main focus today: German Markit Services PMI 9:55 GMT EU Markit Services PMI10:00 GMT EU PPI 11:00 GMT EU Retail Sales 11:00 US...