by Mohammed Isah | October 8th, 2018
CRUDE OIL eyes downside momentum towards its key support residing at 72.93/71 zone. This is coming on the back of a loss of upside momentum the past week. On the downside, support resides at the 73.00 level where a break will expose the 72.71 level. A cut through here...
by Mohammed Isah | October 7th, 2018
EURUSD remains vulnerable short term to the downside on further weakness. But, a corrective recovery could occur in the new week. On the upside, resistance comes in at 1.1550 level. A break through there opening the door for more upside towards the 1.1600 level....
by Mohammed Isah | October 7th, 2018
GBPUSD eyes key resistance zone located at the 1.3200/16 zone. This is coming on the back of its two-day strength on Thursday and Friday. Resistance stands at the 1.3150 level. A turn above here will allow for more strength to build up towards the 1.3050 level....
by Mohammed Isah | October 1st, 2018
GOLD faces price hesitation risk as it looks to follow through higher on the back of its Friday gains. Unless it returns below the 1,180.00 levels, risk of consolidation is likely. On the downside, support comes in at the 1,180.00 level where a break will turn...
by Mohammed Isah | September 30th, 2018
EURUSD remains vulnerable to the downside following its past week lower close. This development has opened the door for more weakness in the days ahead. On the upside, resistance comes in at 1.1650 level. A break through there opening the door for more upside towards...
by Mohammed Isah | September 29th, 2018
EURGBP remains vulnerable short term as it closed lower the past week. This has open the door for more weakness. But it could face a recovery threat in the new week as it took back its intra day losses on Friday. Support stands at the 0.8850 level where a violation...
by Mohammed Isah | September 23rd, 2018
EURUSD: The pair still faces further upside pressure following its rally on Thursday. On the upside, resistance comes in at 1.1800 level with a break through there opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900...
by Mohammed Isah | September 22nd, 2018
CRUDE OIL: The commodity closed higher the past week leaving risk of more strength in the new week. On the downside, support resides at the 70.00 level where a break will expose the 69.50 level. A cut through here will set the stage for a run at the 69.00 level....