Technical Analysis

The Dow managed yesterday to break above the resistance of 52275 and advanced towards the target 53000 reversing below the resistance trend as we see from the chart. Prices are still showing signs of a further drop that could…
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Gold is still searching for support as the market is still holding above medium term support 3886. As we see from the Intraday chart, the market is facing a trading zone between support 3930-60 and resistance 4020-40. Above…
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Crude Oil managed to erase all war-time gains to closing towards the 68.00 zone. As we see over the chart, the market could find support around 67.00-68.00, which could cause a rebound that could lead towards the 79.20 resistance.…
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USDJPY in the short term is still facing a resistance zone around 160.90-161.95 as the last time the market reached it, the Bank of Japan warned about possible intervention to support the yen. Traders should take Precautionary…
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Our last projection for the GBPUSD still applies after the market fell below the daily trend support at 1.3280, which could lead to more pressure over the market. As we see from the previous chart, Intraday prices show resistance around…
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EURUSD hit a rebound as prices face the 1.1415-25 resistance zone. The same old drop scenario still applies with resistance starting from 1.1415-25. More of a drop is still expected with supports at 1.1210 and 1.1065. Above…
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Intraday analysis covering EURUSD analysis, USDCAD, and USOIL , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. EURUSD remains bearish the EURUSD analysis shows The Euro…
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Crude Oil managed to erase all war-time gains to closing towards the 68.00 zone. As we see over the chart, the market could find support around 67.00-68.00, which could cause a rebound that could lead towards the 79.20 resistance. Below…
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Our previous outlook for the Dow Jones is still valid while the  market managed to test the resistance zone of 52000-200, which could lead to a potential Rising Wedge formation that can create a correction scenario. Prices managed so far…
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Gold dropped lower as prices moved towards the  3886 support. As we see from the Intraday chart, the market is facing a trading zone between support 3930-60 and resistance 4020-40. Above 4040, a chance for more rebound towards 4100 and…
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