2024

EURUSD maintains the high ground The US dollar stays under pressure as this week’s market collapse remains in focus. The euro has moved over 200 pips as the sell-off in global markets hit assets across the board. The pair has reached a…
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The Dow managed to break below the support of 39800-900 and yesterday met the target of 39200-300. Prices also managed to break below the support of 39200-300 which placed more pressure over market. As we see over the chart and as…
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Gold broke below 2410 yesterday and fell further towards the target of 2370. Prices managed to hit a rebound from support 2370 as expected while Intraday levels are still facing a 2420 resistance. As we see on the chart and as long as…
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Crude Oil managed to meet the target of 72.45 and managed to sustain a daily close above so far. As we see on the daily chart, as long as market keep holding the daily close above 72.45, the chance for a rebound toward 74.25 and 78.25…
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USDJPY managed to hit rebound toward the targets of 144.00 and 145.60 as predicted yesterday. As we see on the chart, the market is facing resistance around 146.30-70 and if prices remain below, another drop toward 141.70-90 could hit…
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GBPUSD is still facing downtrend pressure as prices move toward 1.2450. As we see on the Intraday chart, the market is facing resistance around 1.2840-70. If preice hold below it, the drop could sustain toward 1.2450. Above 1.2870,…
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The Euro managed to test the resistance at 1.1000 yesterday and held below this level so far. If prices remain below 1.1000, a drop toward 1.0800 will be expected. Above 1.1000, more advance is likely with resistances at 1.1140 and…
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Are the markets crashing, or is this just a short correction? That's a very pressing question for traders after what happened on Monday. It appears there is a bit of a rebound starting on Tuesday. But, is it a dead cat bounce? Or did the…
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AUDUSD RBA bounces the Aussie The Australian dollar fell after a mixed attitude with the latest RBA rate decision. The greenback has recovered from the ongoing bullish rhetoric from the Aussie for the past three months to test April’s…
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