The price movement during the previous few trading weeks can be described by the bounds of the descending yellow channel. Not so long ago, we saw…
All the previous week, the market was dominated by bears, which pushed the price to the lower bound of the yellow channel. However, in the last…
The price moves within the yellow channel. After rebounding from the upper yellow bound, we saw the market decline towards the lower bound of this channel.…
The market moves within the yellow channel. Not so long ago there was a rebound from its upper wall, after which the price quickly went down.…
At the moment, the price is moving inside the green channel. It is likely that the price target is the support level of 1460.7, which is…
The Department of Justice in the US has charged one former and two current executives from JPMorgan Chase & Co with supposed racketeering as well as…
The market continues to move under the moving average, which resists the price. If shortly this resistance is broken, and the price rises above the moving…
The market continues to move within the green and red channels. Now the price chart is sandwiched between the support and resistance lines. The resistance line…
The European Central Bank has approved a stimulus package. Although it was expected, the market reacted sharply with a significant drop on EURUSD. The SimpleFX traders…
The global economy may be on the verge of the recession that will end the 10-year long prosperity that started after the biggest financial crash in…