USDCHF: Upside Pressure Remains Valid On Bull Threats

USDCHF: With the pair retaining its upside pressure by closing higher the past week, more strength is likely. On the downside, support lies at the 0.9950 level. A turn below here will open the door for more weakness towards the 0.9900 level and then the 0.9850 level....

CRUDE OIL: Extends Bullish Offensive On Correction

CRUDE OIL: With the commodity continuing to retain its recovery threats to close higher on Wednesday, more strength is expected in the days ahead. On the downside, support resides at the 47.00 level where a break will expose the 46.50 level. A cut through here will...

How To Avoid The Trap Of The Demo Trading Account

One of the biggest advantages of the Global Currency market is that it is very easy for traders of all levels to open a simulated trading account with great ease. Brokers in asset classes like Equites, Options and Futures make it much harder to open demo trading...

CRUDE OIL: Halts Weakness, Eyes Higher Prices

CRUDE OIL: With the commodity halting its weakness to close higher on a rejection candle on Friday, further bullishness is likely. On the downside, support resides at the 46.00 level where a break will expose the 45.50 level. A cut through here will set the stage for...

USDCHF: Bearish, Closes Lower

USDCHF: The pair closed lower the past week leaving risk of more declines on the cards in the new week. On the downside, support lies at the 0.9800 level. A turn below here will open the door for more weakness towards the 0.9750 level and then the 0.9700 level. Its...

USDJPY: Threatens Further Upside Pressure

USDJPY: The pair rallied further on Wednesday leaving risk of more strength on the cards. On the downside, support comes in at the 112.50 level where a break if seen will aim at the 112.00 level. A cut through here will turn focus to the 111.50 level and possibly...

CRUDE OIL: Vulnerable Short Term

CRUDE OIL: With the commodity remaining weak and vulnerable , more decline is expected in the days ahead. Though with caution. On the downside, support resides at the 48.00 level where a break will expose the 47.50 level. A cut through here will set the stage for a...

GOLD – Risk Remains Lower On Further Declines

GOLD: The commodity continues to hold on to its downside pressure as it looks for more correction. On the downside, support comes in at the 1,260.00 level where a break will turn attention to the 1,250.00 level. Further down, a cut through here will open the door for...