ACTIV8X

ACTIV8X

The GbpUsd continued its consolidation for the second consecutive session. Yesterday, it was attempting to breakout 1.53595. The EMAs are converging upward. Breaking out 1.53831 will send it upward towards 1.54433, with 1.54202 as a primary objective. The parity is currently leaning back on its major support area, consisting of its 1.52880 support level, and its...

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The EurUsd failed to breakout the channel, yesterday, closing in a grave stone. A bearish candle at the closing will render the grave stone valid. The EurUsd will head to the bottom of the channel, with 1.12988 as a primary objective, should the parity breach 1.13234 The Parity will rally to 1.1477, should it breakout 1.13597, with 1.14307 as a primary objective....

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The S&P500 was consolidating on Friday, after a long rally, which has propelled it to 2020.13. Although, the benchmark closed in a neutral doji on Friady, volatility is still falling, suggesting that there's still some room for the bullish market to continue... Breaking out 2020.13 wil send the benchmark to 2030.23, with 2025.67 as a primary objective....

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The CAC40 closed last Friday in a morning star pattern. Today's opening will be crucial, as a bearish gap will send the benchmark south, back to 4654.69, with 4673.69 as a primary objective. Closing in a bearish candle today, will render the morning star valid. It will have at least 4587.59 at least as an objective on the middle run. Breaking out 4733.47, will...

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Last Friday, Oil ended its breakout week with higher highs, although closing in an inverted long legged doji. The commodity is slowing the pace, around 50.14, while it is still aiming at 51.54. The bollinger band are still widening, and the commodity is still being traded outside of those bands. It shows that the bullish movement was very strong. A breakout of...

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The GbpUsd ended a very bullish week in the red. The GbpUsd will head towards 1.54433, should it breakout 1.53831, with 1.54202 as a primary objective. Breaking out 1.53, will send the cable south to 1.52393, with 1.52656 as a primary objective. As by breaking out 1.53, the cable will enter a major support area, which consists of its EMAs, and the 1.52880 support...

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The EurUsd closed last week a very bullish week, caused by the weakness of the dollar, mostly due to a bad job report. On Friday, it broke out its monthly trend in blue, which drove it to the top of the channel. The EMAs are converging upward, announcing the emergence of a new bullish monthly trend, should the EurUsd sell its 1.14307 resistance level, which will...

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Yesterday, the S&P500 continued its quest of higher highs reaching 2016.5 during the previous session. An opening above 2015.86 will send the benchmark will continue its rally to 2021.18 as a primary objective, with 2026.18 as an objective. Failing to maintain the current trend, will send the benchmark back to 1993.11, with 2006.87 as a primary objective. The...

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Although, the CAC40 closed yesterday in the green, it still in need of a bullish gap at the opening tomorrow to fully reject the shooting star pattern, which was supposed to be validated yesterday by a bearish candle. A bullish gap will send the benchmark up towards with 4731.65 as a primary objective. A bearish gap, will bring back the shooting star pattern,...

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Oil flirted yesterday with 50.07 around the breakout's primary objective, which breaching will send it to 51.54. Although, the bollinger bands are still widening, Oil is breaking them up, with today's opening above the bollinger bands. It reflects how strong the bullish market is. Only a retreat below 47.84 will reject the bullish movement, and send the commodity...

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The GbpUsd rallied again yesterday, though it visited supports from previous sessions. The current opening suggest a bullish movement, should the cable breakout 1.53722, with 1.54433 as an objective, and 1.54020 as a primary objective. The cable will have 1.53177 and 1.52880 as support levels. The daily Pivot Point is around 1.53259. The daily support levels are...

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The EurUsd rallied yesterday visiting 1.13234, before falling back, and closing, below its monthly trend line in blue. The Parity is currently being traded in a channel inside of a descending triangle. The triangle is on the verge of being rejected, should the parity breach 1.13234. The triangle's objective is 1.08637. As for the channel, the parity is currently...

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The S&P500 ended yesterday's session in the green, in an attempt to continue the bullish market it started last week. Breaking out 1999.31 will trigger another round of higher highs with 2011.64 as an objective, and 2006.87 as a primary objective. Breaking out 1976.44 will send the benchmark south to 1953.44, with 1965.84 as a primary objective. The daily...

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The CAC40 continued rallying, yesterday, but failed to close in the green, ending the session with a shooting star pattern, which is usually a bearish sign. A bearish gap at the opening, and a breakout of 4654.28, will induce a bearish movement towards 4581.91, with 4620.14 as a primary objective. A bullish gap, will reject the bearish pattern, especially if...

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The GBPUSD rallied yesterday breaching 1.52628, and only halfway from 1.53595. It opened on its EMA20, which was an obstacle that slowed down yesterday's rally. The GBPUSD has 1.53595 as an objective, on a daily scale. The parity will find support around1.52628, which cutting will send it south to 1.52634. The daily Pivot Points are around 1.52439. The daily...

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Yesterday's session was a classsic one: The EurUsd failed to breach its monthly bearish trend in blue, which has led it south towards the channel's bottom, stopping around the 1.12239 level. The descending triangle consists of its Blue trend line, and its 1.11118 support level in Orange. It has 1.08637 as an objective, and 1.3234 as a rejection level. As for the...

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Two days ago, Oil broke out the triangle it was caught up in, which has propelled it to 49.72. Although the bollinger bands were still spreading up, Oil was traded outside of those bands, suggesting a very bullish trend, and a higher volatility. Nevertheless, Oil should re-enter its bands before it continues its rally towards 50.14. It mostly explains yesterday's...

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The CAC 40 is rallying, and is currently on the threshold of breaking out 4673.96, which will send it upward to 4709.35. Failing to break out 4673.96 will send it back to 4581.91, with 4623.33 as a primary objective. The daily Pivot Point is around 4644.90. The daily support levels are around 4605.02 and 4549.40. The daily resistance levels are around 4700.52...