Technical Analysis

GBPUSD passed above the 1.3465 resistance which could lead to a further advance towards the 1.3610-40 zone. As we see from the chart, prices face intraday support at 1.3490, where if the market holds above it, the advance…
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The Euro managed to break a Rising Wedge formation which could cause a downturn towards 1.1490. As we see over the Intraday chart, prices still face a support zone at 1.1600-50, which could lead to an advance higher. Below…
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GBPUSD seeks support The US dollar clawed back losses after the pair hit a fresh high at 1.3530. A fall below 1.3450 has strengthened the bearish bias, as the price is now in a small consolidation. This level is now a key resistance to…
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Gold remained in the bull zone as tensions between the U.S. and Venezuela increased. As Oil slides, will there be a turnaround in price action as the crisis continues? Timestamps XAUUSD 00:25 WTI 01:40 Test your trading strategy on…
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We still holding the same outlook for the Dow as the market is still holding above the 47600-700 support. As we see over the chart, the advance is still ongoing after last Friday’s drop toward 47817, as prices face resistance…
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Gold managed to rebound again towards the 4405-10 zone and above. As we see over the chart, the market is facing the first support around 4385. If prices remain above it, the advance test towards the 4425-30 resistance will…
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Oil managed to expand the rebound correction above the 57.05 resistance, towards 58.80 two weeks ago. As we see over the previous chart, the market is a facing resistance zone around 59.00-40, which could keep the market inside…
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USDJPY begins to build a formation which could send prices higher. Intraday levels show support at 156.50, and if prices remain above it, the advance could sustain towards 157.75 and 158.85. Below 156.50 the drop pressure…
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GBPUSD managed to hit below 1.3425 which could lead to a further drop on the market. As we see over the chart, the market is facing pressure as long as prices remain below 1.3465, as each support could lead to a rebound.…
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The Euro managed to break a Rising Wedge formation which could cause a downturn towards 1.1490. As we see over the Intraday chart, prices still face a support zone at 1.1600-50, which could lead to an advance higher. Below…
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