2024

USDJPY managed to break below the support of 145.50-75 yesterday and pushed for further lows. As we see on the chart, prices could drop further with supports at 144.30-40 and 143.40. The market will face resistance around 146.30-40…
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Crude Oil broke below 71.15 yesterday 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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The Euro tested of the Intraday support level 1.1040 last Friday. As we see on the chart, the market is facing supports around 1.1040 and 1.0970-90. One of these supports could give the market the chance for another advance toward 1.1200…
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August was the most volatile month in the markets in four years, which is significant, because the pandemic-induced crash happened back then. Stock rotation affected stock markets around the world affected, with Japan having the most…
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EUR/GBP pair looking for a lift The EUR/GBP pair stopped the rot as a recent consolidation helped the euro bounce away from the 0.8400 level. A jump above 0.8450 will show buying interest in keeping the euro’s edge after it spent the…
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As we see on the Intraday chart, Gold is facing a rebound correction movement toward the 2520-22 zone. If the market keeps holding above 2490, another rebound toward 2520-22 could hit the market. Below 2490 more of a drop could happen…
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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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Crude Oil dropped as the short term outlook still shows a chance for a move back toward 78.80 and 81.00. The main support trend is still around 71.50-99 with intraday supports at 72.60 and 71.50. Below 71.15 more of a drop toward…
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