Colibri Trader's Opinion & Analysis
A complete archive of Colibri Trader's articles, including current analysis & opinion - Page 2
It has been a quiet time for Crude Oil. I have just spotted a possible reversal pattern at the major support level above 47.00. It seems like there is a small rejection candle. The candle formed just...
In today’s analysis I am looking at two instruments- DAX and gold. I will start of with the german stock market- DAX.DAX (Germany 30)
Yesterday I spotted a bearish formation on the 4 chart...
It looks like the USD/CAD is having some hard time breaking below the 1.3250 support level. There is a doji-like hesitance-implying daily candle, which is giving further indication of the general...
UK Elections: Here are the likely scenarios when British Prime Minister Theresa May announced that the government plans to hold early general elections on June 8th, the markets were hit by surprise....
Dear traders, This week will be shorter, but it does not mean less volatile. Some of the major news expected for the rest of the week is:Tuesday: PCE Price Index Thursday: ADP Unemployment Friday:...
1) Fundamental Today: The Markit Manufacturing PMI will be released for both France and Germany. The manufacturing sector dominates a large part of GDP. Results above 50 will be bullish signals for...
The euro is at a 6-month high in expectation of the release of the first euro zone data. Traders are looking at the revised GDP figure in an anticipatory mode due to the uncertainty of the ECB’s...
Is DAX Topping Out?Last week the French president Emmanuel Macron was elected and shortly afterwards the European indices slowly slowed down the enthusiasm. Only the TOPIX was rising to record gains....
Today all eyes are on the NZD/USD pair. There are a couple of fundamental factors that will make a difference before I proceed to the technical analysis bit.
The French presidential elections are in the spotlight the coming week. Four candidates were fighting for the presidential seat – the far right Marine Le Pen, the independent Emmanuel Macron,...