Technical Analysis

GBPUSD tested the support of 1.3320 yesterday and fell a few pips below. Signals coming from the market show downtrend pressure with the chance for  a trading zone, with support at 1.3250 and resistance at 1.3480-1.3535. Below 1.3250 more…
Read More

The Euro printed a low around 1.1576 yesterday, while the market still holds above the support at 1.1545, giving the chance for another rebound. Prices still face support at 1.1545, whilst the resistance zone at 1.1725-75 could create a…
Read More

EURJPY stuck in consolidation The Euro remains indecisive as prices consolidate for most of this month. On the chart, the pair seems a bit stuck after bouncing above 176.00, and the directional bias will remain to the upside if the quote…
Read More

Gold resumed the free fall on early Asia trades today before rebounding quickly. As we see over the chart, the market could hold some kind of trading zone between resistance 4150 and support 4080, before resuming the advance to test the…
Read More

The Dow managed to print few points above the resistance of 47100, which could lead to a further advance. As we see from the Intraday chart, the market is facing support around the 46500-600 zone, where if prices hold above it, more…
Read More

Crude Oil broke above the resistance at 57.60 which could push for an advance. As we see over the Intraday chart, the market is facing a support zone at 56.70-90. If prices remain above the mentioned support zone, more advance toward…
Read More

GBPUSD managed to print above the resistance of 1.3320-60 last Friday, which placed mix signals over the upcoming projection. As we see over the Intraday chart, the market looks towards a trading zone between support 1.3320 and…
Read More

USDJPY moved above the resistance/support of 151.40 which could push for another advance. As we see from the Intraday chart, the market is facing a support zone at 151.05-40, where if prices hold above it, more advance toward 152.60 and…
Read More

The Euro fell below the support of 1.1610 which could create some more pressure over the market. Prices still face support at 1.1545, whilst the resistance zone at 1.1725-75 could create a trading zone while awaiting more signals.…
Read More

EURUSD breaks lower The euro tumbled as the dollar gained some ground over its competitors. After a short-lived grind over 1.1700, a bearish breakout has seriously dented the bullish bias from the daily chart’s perspective. The next…
Read More