Technical Analysis

USDJPY hits multi-month high The Japanese yen remains pressured after the pair broke to another fresh high. The bullish bias remains intact even though the pair has hit some resistance. The bullish mood means that pullbacks have…
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The Dow passed above 53000 and then reversed after President Donald Trump declared the ceasefire between the US and Iran over. If the escalation continues, we could witness more drop pressure over market with supports at 51290…
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Gold managed to retreat again after Houthi militants said they attacked two Saudi Arabian tankers in the Red Sea, escalating the Middle East conflict and threatening deeper supply disruptions. As we see over the intraday chart,…
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Crude Oil held above the support of 84.00-50 and managed to add more advance as war escalates in the Middle East. As we see from the previous chart, prices are facing a resistance trend around the 92.50-93.00 zone, which is still…
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As we see from our previous chart, USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing. Prices fell toward 160.50-70 on the suspected intervention before bouncing back.…
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GBPUSD managed to pass above the resistance of 1.3430 to meet the target of 1.3510 and above. As we see from the chart, a chance for a trading zone between support 1.3320-50 and resistance 1.3555 could hold the market. Above…
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EURUSD retreated and closed again from the support zone at 1.1380 as price remain above it. As long as the market holds above 1.1380, the chance for another advance is likely Below 1.1380 more of a drop could hit the market with…
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AUDUSD (Australian dollar) finds psychological support The AUDUSD (Australian dollar) hopes to stop the reversal after finding crucial support at the 0.7000 zone. Overall, the pair remains bullish to hit a higher high if prices…
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The Dow passed above 53000 and then reversed after President Donald Trump declared the ceasefire between the US and Iran over. If the escalation continues, we could witness more drop pressure over market with supports at 51290 and…
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Gold broke above the target of 4100. As we see from the chart, prices are advancing which could lead to a move towards the 4200-20 resistance zone. As long as the market holds above 4080 the advance wave could continue. Below 4080 more…
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