Momentum

UK FTSE Index, UKK, FTSE 100 Index - Technical Outlook:Upward momentum is slowing as the UK FTSE Index stages fresh record highs.While there is scope for medium-term gains, a minor pause in the short-term can’t be ruled out.What are the…

Understanding how currency prices move can be a daunting task. Traders would often attempt to predict what price would do, whether it will go up or down and at what level it would reverse. Often this ends in a…

Natural Gas, RSI, Bearish Rectangle – Technical Update:Natural gas prices remain in a consolidation settingPositive RSI divergence shows momentum is fadingHowever, Bearish Rectangle is eyed on 4-hour setting Trade Smarter - Sign up for…

Natural Gas, Losing Streak Ends, Dojis Brewing – Technical Update:Natural gas prices ended a 7-week losing streak, rising 4.32%The daily chart reveals that downside momentum is slowingThis is as multiple Doji candlesticks show more…

Share: The USD/JPY 1-hour chart falling wedge was invalidated by a price violation on BoJ’s Ueda news.…

EURO OUTLOOK:EUR/USD resumes its ascent on risk-on market mood after a brief pullback earlier this weekWhile positive momentum is on the euro’s side, the bullish impetus may run out of gas soonThis article explores key EUR/USD technical…

Share: A downside break of the Inverted Flag pattern will drag EUR/JPY firmly. The 50-and 200-EMAs have…

Natural Gas, 7th Week of Losses, Another Doji Emerges – Technical Update:Natural gas prices fell for a 7th consecutive week after dropping 15.41%Prices are following the implied target of a bearish Head and ShouldersAnother Doji emerged…

USD/CHF is struggling to extend the upside above 0.9280, upside seems favored amid the upbeat market mood. The US Dollar Index (DXY) has shifted its auction above 102.50 as Fed might not pause its policy tightening…

EUR/USD is gauging a cushion around 1.0900 despite the negative market mood. A bear cross, represented by the 20-and 50-EMAs around 1.0927, adds to the downside filters. The RSI (14) has shifted into the bearish…