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LONG TERM ANALYSIS: Since the previous elections the index was standing within a bull trend with mid term corrections.The unique situations that the global economy had to face due to the pandemic,created the sharp fall of March 2020.Nevertheless the...
LONG TERM: The pair has for the last 5 years stayed in a bear trend,approaching long term support levels.As soon as it stays above the 101.00 level we are assuming the beginning of the creation of a reversed head and soulders formation,something that...
LONG TERM: The 12 years weekness of oil remains with extremes like the one we witnnessed in March.Long term trend remains bearish unless the 62$ level will upside broken,then trend will be changed aiming 75$ and 110$.We are for the last three monts f...
LONG TERM: The upwards break of 19.50$ opened the way for the metal to enter into a bull trend.As long as the metal keeps the support of 19.50$ the mid term targets are: 26.00$ (accomplished)/36.00$/53.00$.SHORT TERM: Stop loss at 20.70$ activated.We...
LONG TERM ANALYSIS: Gold has for the last 25 months been climbing due to global economic uncertainties,COVID and printing of money from Central Banks.The technical formation created,is of an asset in bull trend.As long as the metal stands higher than...
LONG TERM: After a 12 year retreat period,the pair seems ready for a creation of a new trend.After a correction period,the pair will possibly break upwards the long term trend line of 1.2050,aiming then 1.2550 and 1.3000.SHORT TERM:Previous positions...
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