2024

The Dow managed to hold above the first support of 41335 and today hit the target of 42200. Our second target is toward 42600 with support at 42000-100. Below 41825 more of a drop could hit the market with support at 41440 and 41000.…
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Crude Oil managed to hit 70.90 and added more advance while still holding below the resistance of 71.50-72.50. As we see over the Intraday chart, if prices remain below 72.50 another drop back will be expected toward the 63.90-64.75…
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USDJPY managed to print a high of 144.67 yesterday while the market still holds below the downtrend line resistance 144.70-145.00. As long as market holds trades below this downtrend line another drop correction could happen toward…
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GBPUSD managed to break above the 1.3300 resistance which could lead to an advance toward targets 1.3435 and 1.3635. As we see over the Intraday chart, prices hold above the support of 1.3220 and printed 1.2348 low today. As long as…
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The Euro dropped as prices remained below the resistance of 1.1200. As we see over the Intraday chart, market is facing support around 1.1070 and hit a low of 1.1083 yesterday. As long as the market remains above this support, another…
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This week's US Economic Events schedule is comparatively light, after last week's rush of rate decisions. Markets will have the time to digest the latest moves by central banks. However, several US economic events could shake up the markets…
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XAUUSD breaks the barrier Bullion moves higher as escalating global tensions drove traders to the safe haven. The precious metal is slowly grinding a layer of resistance levels between 2615 and 2625. The sell side has become more…
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The Dow managed to hold above the support 41335 and advanced again to close towards 42200. Our target is still toward 42600 with the  first support at 41750. Below 41335 more of a drop could happen with supports at 41000 and 40670.…
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Gold managed to start testing the 2630-35 resistance zone while managing to drop toward 2614 so far. This trend resistance 2630-35 could push back for a correction to test 2590-2600. Above 2635 more advance toward 2655-60 could hit the…
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