Technical Analysis

The Dow managed to break above the downtrend resistance of 51870 to print a high around 52360 so far. As we see over the chart, the market is facing a support zone around 51650, which if managed to hold, prices could advance…
Read More

Gold managed again to rebound toward the 4200 resistance zone. As we see over the chart, this resistance zone could push again for another drop towards the 4095 support. Above 4235, more advance is likely toward 4315. Below…
Read More

Crude Oil managed to meet the first target at 93.00  and is closing in on the second target at 95.35. As we see over the chart, the market is facing resistance around 96.35, where as long as prices remain below it, a chance for…
Read More

USDJPY added more value above 157.85 as the drop pressure still overshadows the market as traders expect an intervention from the Bank of Japan. Intraday prices show resistances at 159.00 and 160.00, whilst a drop wave could hit…
Read More

GBPUSD fell toward 1.3180 as market support remains at 1.3140-60. As long as the market holds above the support zone of 1.3140-60, a rebound towards the 1.3350-1.3400 zone is likely. Below 1.3140 more of a drop towards 1.3000 is…
Read More

The Euro is still hovering around the downtrend resistance line as more pressure still affects the market. As long as prices hold below the resistance of 1.1240-80 the drop pressure could continue towards the target and support…
Read More

GER 40 hits resistance The Dax (GER 40) lost some ground after hitting a fresh high above 25400. A break below 25100 would lead buyers to take some chips off the table. The medium-term trend would remain bullish if the quote…
Read More

The Dow managed to break above the downtrend resistance of 51870 to print a high around 52300 so far. As we see over the chart, the market is facing a support zone around 51650-800, which if managed to hold, prices could advance toward…
Read More

Gold managed again to rebound toward the 4200 resistance zone. As we see over the chart, this resistance zone could push again for another drop towards the 4095 support. Above 4235, more advance is likely toward 4315. Below 4095 a chance…
Read More

Crude Oil managed to meet the first target at the 93.00 zone. As we see over the chart, prices have room for a further advance toward the second target at 95.35, as the first Intraday support is at 90.00. Below 86.00 more of a drop toward…
Read More