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US futures trading lower ahead of Draghi’s speech
Daily Briefing Currencies EUR/USD: The pair is treading above the 50day and 100 day moving average on a 60 minute time frame. The next support is at 1.3557 and the next resistance is at 1.3714. USD/JPY: The pair is trading below the downward trend line on a 60 minute time frame.  The next support is …
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Crude Oil Technical Analysis - July 8, 2014
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Crude Oil Technical Analysis - July 7, 2014
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Naeem Aslam with today's Technical Analysis on S&P 500 - The Trend is still strong and the bias remains towards the upside.
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European markets up; manufacturing data in focus

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European markets are trading higher this morning after the US markets closed higher for the sixth consecutive quarter. Some Stella performance it has been, and it seems like there is still some steam left in this rally, before we start talking about any serious correction or any kind of crash. Investors have already started to …
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#GBPUSD- Completed its symmetrical triangle pattern and another one just formed  

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The GBP/USD has completed its symmetrical triangle pattern (shown in  purple) on a 30 minute time frame. The price has also formed another symmetrical triangle pattern which is shown by yellow lines. The projections of this pattern is much better when the breakout takes place during the ¾ of the pattern. Nevertheless, these patterns do …
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Gold Technical Analysis - July 8, 2014 - Naeem Aslam

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Naeem Aslam, Chief Market Analyst appeared on Sky News to discuss the ECB rate decision and the US Non Farm payroll data.
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Gold Technical Analysis - July 7, 2014 - Naeem Aslam

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#GBPUSD - uptrend is still intact but losing its steam. 

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The GBP/USD has broken out of its symmetrical triangle pattern and has completed its projection on a 60 minute time frame. The price is also trading above the upward trend line and has not broken this line so far and this shows that the uptrend is very much intact. However, the price is also trading …
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Technical Analysis on Gold - Gold has broken its downward trend line
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European markets are set to open higher

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European markets are set to open higher as traders are willing to ignore the most rotten print of the US GDP which was released yesterday. However, it may be wrong to say that this enthusiasm has no limits today because the tensions in the Middle East are still very much on the forefront and this …
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