02 Jul 2018 @ 08:54
ETHUSD Long-term Trend – Bearish Distribution territories: $700.00, $800.00, $900.00. Accumulation territories: $300.00, $200.00, $100.00. Ethereum hasn’t been able to recover from the selling pressure it has been enduring in its pair with the US dollar. Throughout last week, the crypto asset was declining in a ranging format to the extent of […]
01 Jul 2018 @ 10:48
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish, but price was not able to go downwards seriously last week. Thus the market is bearish in the long-term, but neutral in the short-term. A strong opposition was particularly met at the support line at 1.1550, after which price bounced […]
30 Jun 2018 @ 14:02
NZDUSD Order: Buy Entry date: June 29, 2018 Entry price: 0.6777 Stop loss: 0.6573 Take profit: None Exit date: July 30, 2018 Status: Open NZDJPY Order: Buy Entry date: June 29, 2018 Entry price: 75.02 Stop loss: 72.98 Take profit: None Exit date: July 30, 2018 Status: Open NZDCHF Order: Buy Entry date: June 29, […]
28 Jun 2018 @ 13:08
BTCUSD Medium-term Trend: Ranging Resistance Levels: $6,150, $6,200, $6,250 Support Levels: $6,000, $5,950, $ 5,900 Yesterday, June 27, price of Bitcoin was in a range bound movement. Today, the range-bound movement continued. The cryptoasset has been fluctuating above the $6,000 price level for four days. From the weekly chart, price of Bitcoin had fallen […]
28 Jun 2018 @ 08:04
The USD has seen several markets test and break key levels, with its next intended victim being AUDUSD and a break of its long-term Fibonacci level. We can see on the weekly chart that momentum clearly favours the bears and that, since breaking the Jan 2016 trendline, bearish momentum has accelerated towards current levels. But to underscore […]
27 Jun 2018 @ 13:02
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26 Jun 2018 @ 08:35
With a succession of lower swing highs on the weekly chart and a return of bearish momentum on the daily, NZDJPY could be building up for another break lower. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
25 Jun 2018 @ 10:37
BTCUSD Long-term Trend – Bearish Distribution territories: $9,000.00, $10,000.00, $11,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00. The selling pressure against Bitcoin was as visible on June 22 this week. The cryptocurrency had previously seen its value go down over a week ago. Because of the strong selling pressure, the bears managed to pull its […]
23 Jun 2018 @ 16:26
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market swung upwards and downwards last week, without a directional movement. Nevertheless, the major bias remains bearish, and the outlook on EUR pairs is mostly bearish for this week. It is possible that price will test the support lines at 1.1600, 1.1550 (which […]
22 Jun 2018 @ 07:41
In response to our prior Gold analysis, the shiny yellow metal’s trendline folded and a decisive break of $1300 ensued. But since finding support around $1260, can the bears take it to fresh lows? The daily chart clearly shows the magnitude of the bearish break out from compression which had, up until that point, provided a […]