Commodities

Gold narrow range bound

November 28, 2018 Ben Yung 0

Seasonal cycle favors the yellow metal to have a rebound to test 1350 to 1700 resistances. Yet, a holiday atmosphere seems to have developed and slowed down the market momentum. Gold is forming a giant […]

Forex

GBPUSD short term bearish

November 27, 2018 Ben Yung 0

GBPUSD is bearish in the short-term but the following months may experience a transition of trend.   GBPUSD hovered at 1.28 levels and the sentiment is still bearish. Weekly –DI held well above +DI and […]

Forex

EURUSD short term still bearish

November 23, 2018 Ben Yung 0

Market is anxious and attempting to find out a direction. EURUSD has formed a broadening triangle in past six months. Trading range widened. However, the market is losing momentum at the same time. We see […]

Commodities

WTI bearish but short-term oversold

November 22, 2018 Ben Yung 0

WTI futures was trading at 54.39 levels in later afternoon Wednesday.   Monthly chart shows that WTI futures have been trading in a wide but narrowing range since its historical high in 2008. The wider […]

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