2024

The Euro fell below the 1.0815 support yesterday, which could cause a further correction to test the support of 1.0725-45, activating another advance. If the market holds below 1.0830, the drop towards 1.0725-45 could continue, while…
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Tomorrow could be the biggest data day for forex markets, as we await the key data release from the US for the week. That's because we'll see the release of the US PCE Price Index, the Fed's preferred measure for inflation. The market…
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USOIL continues the bull run WTI gained over 3% as the market focused on the upcoming OPEC+ meeting. The recent recovery has seen over $4 added to the black gold's value as price action breaks the 80.00 level. Now that bears have thrown…
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The Dow fell below 39150 whilst hitting the support target of 38500-600, as advised last week. If the market holds above the support of 38500-600, a chance for a rebound correction toward 39100-200 could hit the market. Below 38500,…
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Gold managed to hit a few dollars below the support of 2335, creating some market selling pressure. As we can see from the chart, the market faces some support around 2320, with resistance around 2380. Below 2320, more of a drop can…
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USDJPY managed to sustain its advance as the pair managed to hit 157.40 so far. Our target and resistance is still around 158.00, which could give a chance for another correction with support around 155.80. Above 158.00, a chance for…
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Crude Oil hit another rebound correction, as anticipated in the last few weeks. On the chart, the market is closing in on the 81.00-25 resistance zone, and if prices remain below this resistance, then another drop towards 77.50 will be…
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GBPUSD managed to meet the target of 1.2800, as we advised in the last few weeks. As we see on the chart, should the market keep holding prices below 1.2800-15, a correction will be expected with supports at 1.2735 and 1.2640. Above…
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As we saw in the last two weeks, the Euro managed to hold trades above the first support at 1.0820. As we can see from the chart, if price action trades above 1.0820, then there is a chance for a further advance toward 1.0980, which…
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