2024

The Dow managed to break above 41000 and managed to add more advance toward the first target of 41400, with the second target at 41800. As we see on the chart, prices face support around 40700-800 where the market managed to test in the…
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Gold managed to advance above the support of 2468-70 and is closing now to the second target of 2520. As we see on the chart, market will face resistance zone at 2520-32 which could push again for another swing back in this trading zone…
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Crude Oil broke below 71.15 two days ago and dropped toward the target of 68.80. As we see on the chart, prices face resistance around 71.50-72.50 which could keep the pressure on the market for another dip towards the 67.00-70 zone.…
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GBPUSD fell below the support of 1.3170 and prices now face a second support at 1.3050-70. The market could hold this trading zone between support 1.3050-70 and resistance 1.3170 As long as the market holds above the support…
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USDJPY managed to fell below the support of 144.40 and met target of 143.40. As we see on the chart, market still faces the support zone 141.70-90 and if prices hold above this zone, a rebound could hit any time toward 146.00. Below…
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The Euro rebounded after testing the support level of 1.1040 in the last few days. As we see on the chart, the market still facing supports around 1.1040 and 1.0970-90 with resistances at 1.1140 and 1.1200. There is a chance for another…
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US August NFP: The 50bps Rate Cut Question Friday's US Non-Farm Payroll figures come out at a crucial moment for the markets. Traditionally, September is a bad month for risk appetite, and already the start has shown an inclination for the…
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USOIL struggles for support WTI fell further as persistence concerns over demand persisted. As the daily RSI fell into the oversold area, bears will need to take a breather after they cleared the August low of 71.45. A drop below the…
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The Dow managed to break above 41000 and managed to add more advance toward the first target of 41400. As we see on the chart, prices face support around 40700-800 where the market managed last week to test 40850, before advancing toward…
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Gold managed to hold above the Intraday support at 2490 and created a small trading zone toward the 2507 resistance. Above 2507 more advance to test 2520-22 could hit the market. Below 2489, more of a drop could hit the market with…
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