2024

Our previous model is still valid with the EURUSD pair as we see on our previous chart. The market moved close to the triangle support trend around 1.0650, if prices hold above this support, a rebound correction could happen with…
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Central banks the world over are moving towards easing, with the BOJ being the notable exception. The relative timing and the amounts of interest rate cuts will be pivotal in determining how currency prices vary in the medium to long term…
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USDCHF finds the bounce The greenback found its bullish voice after jumping over 100 pips. The rebound came as the pair had been dropping for most of June, a sign of a lingering downbeat mood. Bulls must clear the psychological hurdle of…
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The Dow managed to print above the resistance zone of 39220 last week in signs of more advance on the way as previously mentioned. As we see over the Intraday chart, the market is facing the support zone around 39000-100, where as long as…
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Gold is still holding in the current trading zone between the 2277 support and 2350-60 resistance areas. As we see over the Intraday levels, the market is facing the first support around 2315-18, where as long as prices hold above it, an…
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Crude Oil maintained its advance movement with escalating risk on the Red Sea. As we see on the chart, Intraday levels show the first support laying around 80.00. Should prices hold above this support, the advance movement could continue…
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USDJPY managed to pass the 158.00 resistance where prices are now closing to the second target 160.00. As we see over the Intraday chart, and as long as prices hold below the resistance of 160.00, a correction could hit the market toward…
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GPBUSD managed to meet the first target at 1.2640 and also managed to move a few pips below. As seen on the chart and as we mentioned before, a rebound correction from this zone could hit the market before the Pound heads for a further…
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Our previous model is still valid with the EURUSD pair as we see on our previous chart. The market moved close to the triangle support trend around 1.0650, if prices hold above this support, a rebound correction could happen with…
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Last week's UK CPI and the results of the BOE left the pound in a somewhat unique situation. The more pressing matter for traders is trying to figure out if there will be a rate cut at the next meeting. But a broader view of the major…
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