2024

USDJPY hit below the 140.20 support which could push prices lower. As we see over the chart, the market is facing the first resistance around 141.20 where as long as prices remain below this resistance, more of a drop will be expected with…
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As we see over the chart, GBPUSD facing resistance around 1.3240-70 which could push for another drop toward 1.3090 and 1.3000. Above 1.3270 the market could have chance for farther advance toward 1.3435. SUPPORT RESISTANCE…
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The Euro managed to re-test the resistance zone of 1.1120-40. The Market could still drop toward 1.1025 which in turn could activate another advance. Below 1.1025 more of a drop to test 1.0930-40 is likely. Above 1.1155 more advance will…
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The BOE is widely expected to keep rates on hold at its Thursday meeting, which will be a key BOE Rate Decision. But one major caveat is that inflation data coming out on Wednesday is at least near expectations. Several aspects of the rate…
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UK 100 index probes resistance The  UK 100 index (FTSE 100) recoups some losses, and the index so far has found support at 8240 as price action creates a bullish channel, offering buyers some relief. Still, they are not out of the woods…
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Canada has really set itself apart from its southern neighbor in terms of its economy lately. While the FOMC Fed meeting is only just getting around to cutting rates, Canada's slow economic growth has left prices rising at a much slower…
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EURUSD maintains 100-pip jump The Euro advanced as the ECB cuts and maintains their rate policy, pushing the pair towards the 1.1100 level. On the chart, the pair is inching towards the demand zone near 1.1130. Zooming into the hourly…
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The Dow managed to hit the target of 40000 2 days ago and managed to activate another advance wave. As we see over the chart, Intraday levels face support around 40670 where as long as the market holds above, the advance wave could sustain…
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