Tuesday 18th November 2014
THE EURO closed lower on Monday. The lowrange close sets the stage for a steady to lower opening when Tuesday’s night session begins trading. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends this summer’s decline, monthly support crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Wednesday 19th November 2014
STERLING closed lower on Tuesday. The lowrange close sets the stage for a steady to lower opening when Wednesday’s night session begins trading. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off July’s high, the 75% retracement level of the 20132014rally crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Thursday 20th November 2014
STERLING closed higher on Wednesday. The midrange close sets the stage for a steady opening when Thursday’s night session begins trading. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off July’s high, the 75% retracement level of the 20132014rally crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Friday 21st November 2014
THE YEN closed higher on Thursday as it extends this fall’s rally. The lowrange close sets the stage for a steady to lower opening when Friday’s night session begins trading. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this fall’s rally, weekly resistance crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a shortterm high has been posted.
See more analysis at Market Commentary | HY Markets
Monday 24th November 2014
THE EURO closed lower on Friday. The lowrange close sets the stage for a steady to lower opening when Monday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish signalling that sideways to lower prices are possible nearterm. If it renews this summer’s decline, monthly support crossing is the next downside target. Closes above Wednesday’s high crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Tuesday 25th November 2014
SPOT SILVER closed lower on Monday. The highrange close set the stage for a steady to higher opening when Tuesday’s night session begins trading. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this month’s rally, the 25% retracement level of the JulyNovemberdecline crossing is the next upside target. Closes below the 10day moving average crossing are needed to confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets
Wednesday 26th November 2014
THE YEN closed lower due to short covering on Tuesday. The midrange close sets the stage for a steady opening when Wednesday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish hinting that a high might be in or is near. Closes below the 20day moving average crossing would confirm that a shortterm high has been posted. If it resumes this fall’s rally, weekly resistance crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Friday 28th November 2014
THE EURO closed lower on Thursday. The lowrange close sets the stage for a steady to lower opening when Friday’s night session begins trading. Stochastics and the RSI have turned neutral to bullish hinting that a low might be in or is near. Closes above last Wednesday’s high crossing are needed to confirm that a low has been posted. If it renews this summer’s decline, monthly support crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Tuesday 2nd December 2014
THE EURO closed higher on Monday and the highrange close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off November’s low, the 38% retracement level of the decline of the SeptemberNovember decline crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets
Wednesday 3rd December 2014
THE EURO closed lower on Tuesday. The lowrange close sets the stage for a steady to lower opening when Wednesday’s night session begins trading. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it renews this year’s decline, monthly support crossing is the next downside target. Closes above the reaction high crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Thursday 4th December 2014
STERLING closed higher on Wednesday. The midrange close sets the stage for a steady opening when Thursday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish signalling that sideways to lower prices are possible nearterm. If it resumes the decline off July’s high, the 75% retracement level of the 20132014rally crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Friday 5th December 2014
THE EURO closed higher on Thursday. The lowrange close sets the stage for a steady to lower opening when Friday’s night session begins trading. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it renews this year’s decline, monthly support crossing is the next downside target. Closes above the reaction high crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Monday 8th December 2014
STERLING closed lower on Friday. The lowrange close sets the stage for a steady to lower opening when Monday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish signalling that sideways to lower prices are possible nearterm. If it resumes the decline off July’s high, the 75% retracement level of the 20132014rally crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Tuesday 9th December 2014
THE EURO closed higher on Monday. The highrange close sets the stage for a steady to higher opening when Tuesday’s night session begins trading. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it renews this year’s decline, monthly support crossing is the next downside target. Closes above the reaction high crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
hello, where you get these quotes?
Wednesday 10th December 2014
THE EURO closed higher due to short covering on Tuesday. The midrange close sets the stage for a steady to higher opening when Wednesday’s night session begins trading. Stochastics and the RSI are turning neutral to bullish signalling that sideways to higher prices are possible nearterm. Closes above the 20day moving average crossing are needed to confirm that a low has been posted. If it extends this year’s decline, monthly support crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Thursday 11th December 2014
THE YEN closed lower on Wednesday. The lowrange close sets the stage for a steady to lower opening when Thursday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish signalling that sideways to lower prices are possible nearterm. Closes below the 20day moving average crossing are needed to confirm that a shortterm high has been posted. If it extends this year’s rally, weekly resistance crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Friday 12th December 2014
US OIL closed lower on Thursday. The lowrange close sets the stage for a steady to lower opening when Friday’s night session begins. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off June’s high, monthly support crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
HYMARKETS Stocks Report: Intel Corporation
• Intel reverses from support zone
• Likely to rise further to 38.00
Intel recently reversed down from the upper resistance trendline of the wide daily up channel from May. The subsequent downward correction 2 from this resistance trendline stopped at the support zone lying at the intersection of the lower support trendline of the daily up channel from October and the 38.2% Fibonacci Correction of the previous sharp minor impulse 1 from the middle of November. Intel is likely to reverse up from this support zone toward the resistance level 38.00 (intersecting with the aforementioned channel line). Intel will need to break the resistance level 37.00 to reach 38.00.
Market Commentary | HY Markets
Monday 15th December 2014
THE EURO closed higher on Friday and above the 20day moving average crossing confirming that a low has been posted. The highrange close sets the stage for a steady to higher opening when Monday’s night session begins trading. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this week’s rally, November’s high crossing is the next upside target. If it renews this year’s decline, monthly support crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
