tayalsmith

tayalsmith

The USDCHF pair bounced slightly during the course of the day on Tuesday, using the 0.9832 level as support. At this point in time, the market is looking bearish. The primary trend of USDCHF is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the...

tayalsmith

The GBPUSD pair bounced slightly during the course of the day on Tuesday, using the 1.3082 level as support. At this point in time, the market is looking bearish. The primary trend of GBPUSD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on...

tayalsmith

The USDCHF pair bounced slightly during the course of the day on Monday, using the 0.9837 level as support. At this point in time, the market is looking bearish. The primary trend of USDCHF is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the...

tayalsmith

Gold Comex fell to a session low of $1,313.10 a troy ounce, just above a three-week low of $1,310.70. Gold prices lost $7.60, as renewed expectations for a Federal Reserve rate hike later this year boosted the U.S. dollar and as investors looked to buy into rising equity markets rather than purchasing safe-haven assets. Gold has been under pressure because of the...

tayalsmith

The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8319 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the...

tayalsmith

The EURGBP pair bounced slightly during the course of the day on Thursday, using the 0.8309 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on...

tayalsmith

The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on...

tayalsmith

The EURGBP pair bounced slightly during the course of the day on Tuesday, using the 0.8389 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on...

tayalsmith

Crude Oil rose in Asian trading on Wednesday but gains were limited and U.S. crude traded sideways in advance of the release of official weekly inventory figures later in the day. Technically, Crude oil may be poised for another fall in upcoming session, as it has made bearish engulfing candle stick on weekly chart also making lower top and lower bottom formation...

tayalsmith

The GBPUSD pair bounced slightly during the course of the day on Monday, using the 1.3200 level as support. At this point in time, the market is looking bearish. The primary trend of GBPUSD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the...

tayalsmith

Gold edged lower early Monday, after registering its first weekly decline since May last week, following a failed attempt to seize power in Turkey which was seen having limited impact on the global markets. Gold slipped 0.5 per cent to $1,331.14 per ounce. Bullion fell over 2 per cent last week, its first weekly decline in seven week. Technically, Gold may be...

tayalsmith

The USDJPY pair bounced slightly during the course of the day on Friday, using the 105.30 level as support. At this point in time, the market is looking bullish. The primary trend of USDJPY is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears...

tayalsmith

The GBPUSD pair bounced slightly during the course of the day on Thursday, using the 1.3324 level as support. At this point in time, the market is looking bullish. The primary trend of GBPUSD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are appears...

tayalsmith

Oil prices rose as much as 2 percent on Thursday as traders covered short positions a day after crude futures were hammered by weak U.S. demand for fuel during the traditionally busy summer driving season. Technically, Crude may be poised for another fall as it has made bearish candle stick on daily chart also making lower top and lower bottom formation....

tayalsmith

The USDJPY pair bounced slightly during the course of the day on Monday, using the 103.63 level as support. At this point in time, the market is looking bullish. The primary trend of USDJPY is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears...

tayalsmith

The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that are appears...

tayalsmith

The USDCAD pair bounced slightly during the course of the day on Friday, using the 1.3027 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears...

tayalsmith

CRUDE IS LOOKING BEARISH FOR SHORT TERM TREND. MY TRADE SELL FROM 45.60 WITH STOP-LOSS OF 46.60 TARGET 43.60 LET ME KNOW WHAT ARE YOUR OPINIONS. BEAT OF LUCK