The EURUSD maintained a strong bullish momentum yesterday , printed support at 1.3720 levels . This development leaves the pair targeting the 1.4000 levels where a breach will turn focus on the 1.4120 levels , further out will aim the 1.4280 levels.

On the downside , minor support comes at 1.3832 levels , stability above this level will build strong pressure on the 1.4000 levels, losing the 1.3832 levels would open 1.3775 next , below 1.3775 will look for main support at the…

The Crude Oil maintained a strong bearish momentum yesterday , topped at the 103.50 levels and bottomed at the 100.83 levels .now pressure will be on the key support 100.83….

The Crude Oil will have to hold below the 100.83 levels on a daily basis to push the market for further downside losses , If seen It will target the 99.60 levels , where a breach will turn focus on the 98.00 levels , further losses will aim the 96.50 levels.

Alternatively , a failure to hold below the…

As shown on the 4 hour chart below , the EURUSD pair is trapped inside a triangle , with potential  break to the upside , note that the pair was rejected from the key support 1.3693 with bullish divergence , resistance comes at 1.3750 levels , break of 1.3750 will have large bullish implication and should recapture the 1.3825 levels , a breach is very likely , If seen , the first assumed target at 1.3900 levels will be reached .

On the downside , support comes at the 1.3693 levels ,…

The NZDUSD maintained a bullish momentum yesterday , printed support at the 0.8350 levels. This development leaves the pair targeting the 0.8425 levels where a breach is likely , If seen , It will target the 0.8500 levels , a halt is strongly suggested and the pair might decline from that level, but break of the 0.8500 levels on a daily basis will call for a run to the 0.8620 levels , further out will aim the 0.8750 levels.

On the downside ,support comes at the 0.8350 levels ,…