On 01.08.2019 the Brent Crude Oil contract dropped below the Neckline of the Head and Shoulders Formation and dropped sharply. This week, after postponing US-Tariffs on chinese several goods the Brent contract recovered. Wednesday’s surprise build in US crude stocks …

20190815- Brent Crude Oil falling – next Targets 55 or 51$/bbl??? Read more »

The breakthrough of the neckline of the Head and Shoulders formation has been proven as a false signal so far. The EURUSD has recovered above it again. Nevertheless there is still Euro-Weakness in the market. For the EURCHF also a …

20180904- EUR/USD Head and Shoulders Formation – update EUR/CHF Read more »

On Friday the EURUSD has broken down through the neckline of a Head+Shoulders Formation. This shows the Euro-Weakness in the market. From the chart technical viewpoint this also opens up the possibility of a bigger move into the 1.10 to …

20180812 – EUR/USD Head and Shoulders Formation – risk of further downside Read more »