2024

Gold is still holding in our expected trading zone between the support 2315-18 and resistance 2355-58. The market managed again today to retreat and closed in on the support 2315-18. Below 2315, more of a drop will be expected at the…
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Crude Oil managed to meet the target at the 83.00-60 zone. As projected yesterday and as we see on our previous chart, if prices remain below 83.60, a correction could hit the market with supports at 82.30 and 80.00. Above 83.60, the…
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As we mentioned last week, USDJPY managed to break above the 160.00-20 resistance zone which kept the uptrend wave going with prices reaching a 161.73 high. As seen on the chart, the market is facing the first intraday support around…
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As projected yesterday and as we see on our previous chart, the GBPUSD pair still shows a chance for a rebound toward 1.2740-60, should the market hold above the 1.2610-25 support. Below 1.2610, more of a drop will be expected towards…
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We look towards our previous outlook for the EURUSD for the past few weeks as see on our previous chart. The Euro yesterday advanced toward the first resistance of 1.0760. If prices remain above the support trend zone of 1.0650-75, then a…
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After the events of the last week in global politics, it seems that risk aversion is back in vogue. Interest rates in both the US and Europe trended higher overnight, a suggestion that investors are starting to worry about uncertainty in…
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USDJPY multi-decade high The Japanese yen remains pressured after the pair broke another fresh high. The bullish bias stays intact as the pair continues the climb alongside a rising trend line, reflecting a strong JPY trend. The bullish…
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As projected last week and as seen on our previous chart, the USDJPY pair managed to break above the 160.00-20 resistance zone, which could keep the uptrend toward the second target of 162.00. On the chart, the market is facing the first…
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As projected last week and as we see on our previous chart, the Dow managed to sustain trades above the 38900 support and rebounded toward 39450. The Intraday chart shows the first support laying at 38900, which could keep the chance for…
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