2024

Crude Oil still holds the trading zone between support 66.15 and resistance 72.00-50. If prices remain below the resistance of 70.15, a chance for a further drop could happen with support at 66.15. Above 70.15, the market could…
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USDJPY managed to hit below 149.00 again while prices managed to obtain a daily close above the support of 149.00. As we see over the chart, the market is still giving rebound signals with resistance at 151.90. A daily close below 149.00…
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GBPUSD managed to advance above 1.2610 and sustained advances towards the 1.2715-65 zone. As we see over the chart, prices face a 1.2770 resistance. If prices remain below it, then another drop toward 1.2610 will be expected. The market…
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The Euro held below the resistance of 1.0610 and dropped towards the target of 1.0525. As we see over the chart, the market is facing Intraday resistance around 1.0545. If prices remain below this resistance, more of a drop toward the…
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The latter half of the week sees a bunch of global trade data, which could set the context for the market's reaction to key data sets before the holidays. Markets are likely to be looking for signs of growth that will support the recent…
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NZDUSD probes support The New Zealand dollar saw an uptick in price action, moving prices away from the recent bottom. The choppy nature of the pair has caused price action to fall away from the psychological level of 0.6000. However, a…
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The Dow managed to break above the resistance of 44100-200 two weeks ago and managed to hit the target 44800. As we see over the chart, the market faces the support zone around 44100-200, and prices could expand toward 45200 and 45600.…
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Gold remained below the resistance 2675 as projected last Friday while support at 2620-22 managed to push for a rebound. As we see over the chart a trading zone between 2620-22 and 2658-60 could control the market. Below 2620 more of…
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Crude Oil still holds the trading zone between support 66.15 and resistance 72.00-50. If prices remain below the resistance of 70.15, a chance for a further drop could happen with support at 66.15. Above 70.15, the market could…
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