2024

The Euro managed to break above the resistance at 1.0985, indicating a potential rebound to test the 1.1050 zone. As long as the market holds above 1.0950, another advance toward 1.1050 is expected. However, a drop below…
Read More

The twin most important events this week for the markets are likely to be CPI and the FOMC Minutes a day later. This is because the shocker of NFP on Friday has thrown the market rate calculus into disarray, and some additional insight is…
Read More

The Dow Jones held above the 41825 support, creating a trading zone up to 42200, as we previously advised. Intraday levels show support around 42070, and as long as the market holds above this level, there is potential for further gains…
Read More

The intraday chart shows that Gold is forming a triangle pattern, with resistance around 2672-2674 and support between 2622-2625, creating a potential trading zone. A break above 2674 could lead to further gains, with resistance at 2685…
Read More

As we mentioned last week, Crude Oil broke above the 72.50 resistance level, meeting the target of 74.00 and higher. The current advance remains intact, with support at 72.00 expected to maintain strength for further gains toward…
Read More

USD/JPY broke above the 147.20 resistance level last Friday, reaching a high of 149.11, approaching the target of 149.40. According to the intraday chart, the market is still facing resistance around the 149.40-149.50 zone, which could…
Read More

GBP/USD continues to face downward pressure, with the market holding support at 1.3000, as we mentioned last week. Intraday levels show resistance around 1.3135, and as long as the market remains below this level, the downtrend is likely…
Read More

The Euro managed to break below the 1.1000 support level on US labor market data last Friday. The market is now targeting the 1.0880 support, as we previously advised, while intraday resistances are located at 1.0985 and 1.1035. As long…
Read More

Last week, crude prices rose in anticipation of the weekend. Volatility rose quickly, hitting the highest level since the October 7 attack last year. But since trading started with the new week, the situation has been a bit anticlimactic,…
Read More

The Dow tested the 41825 support level and rebounded, as previously mentioned. On the intraday chart, resistance is seen around the 42200 zone, which may create a trading range towards the 41825 support level. A break above 42200 could…
Read More