equidistant channel Archive

Gold resisted and trading down but is it bearish?

Gold/XAUUSD continues to be resisted, year to year down trend remains intact despite blazing rally. Something bullish did change however as we see 6 monthly price action reverse.

‘Bloody’ describes US energy sector stocks last night

Energy stocks sink after WTI hits resistance on weekly chart. If big trend remains intact, WTI's rally was merely retracement. Price could revisit 2016-low.

10 weeks at this resistance, time for XAUUSD to find support

XAUUSD failed to achieve new high since 10 weeks. Bears turn to discover where support is, how high gold bulls are willing to catch any price correction.

Gold bullish strong resistance overhead; year – year down intact

Best performer YTD, gold is still in a year - year down trend and captured by a downward equidistant channel. Resistance from 1300 - 1330 and support from 1180 - 1210.

Currency pairs update 21 January 2016 (Week 03)

Update for members of Tflow® community. Support and resistance levels for AUDUSD, AUDJPY, WTI, China50, NZDCHF, USDSGD, GBPAUD. Log-in required.

Currency pairs update 19 January 2016 (Week 03)

Currency pair update for members of Tflow® community. Support and resistance levels for China A50, EURUSD, EURGBP, EURAUD, AUDNZD, XAUUSD. Log-in required.

Currency pairs update 05 January 2016 (Week 01)

Currency pair update for members of Tflow® community. Looks at SiMSCI, NZDJPY, AUDJPY, EEM. Log-in access required.

Currency pairs update 17 December 2015 (Week 51)

Currency pair update for members of Tflow® community. Looks at DXY, FT100, NZDCHF, GBPJPY, GBPAUD, HSI, AUDJPY. Log-in access required.

Currency pairs update 07 December 2015 (Week 50)

Currency pair update for members of Tflow® community. Looks at NZDCHF, FTSE, NZDJPY, EURGBP, EURNZD, EURJPY, XAGUSD. Log-in access required.

Currency pairs update 03 December 2015 (Week 49)

Looks at big price action patterns, significant levels on weekly charts. Covered pairs AUDUSD, AUDJPY, NZDCHF, GBPUSD, GBPJPY, FT100. and DJ30