Technical Analysis

Gold hit the target of 4550 earlier today before a fast correction as support at 4469 is still holding prices. As we see over the Intraday chart, the market is facing a support trend around 4469 and 4430. If prices remain above the…
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The Dow hit 47370-500 and managed to break higher and close from the second target of 48850. As we see over the chart, the market still has room for further advance to test the resistance trend around 49500-600, which could push for a…
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The market managed to expand the rebound correction above the 57.05 resistance towards 58.80 last week. As we see over the chart, the market is facing resistance around 59.00-40, which could keep prices inside this trading zone towards…
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USDJPY has started to build a formation which could send prices higher. Intraday levels show support at 155.25-75, where as long as the market holds above it, a rebound towards 157.05, 157.75 and 158.85 is likely. Below 155.25, the…
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GBPUSD hit 1.3470 last week and managed to break above it. Prices have the chance to test the downtrend line resistance around the 1.3620-50 zone. Intraday support is at 1.3425 and 1.3280. SUPPORT RESISTANCE LEVEL1…
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The pair met the target of 1.1675 and almost closed above 1.1820 last week. As we see over the previous chart, if prices hold above the 1.1680 support, the advance could continue towards 1.1820 and above. Above 1.1820 more advance…
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EURUSD continues choppy consolidation The euro grinded sideways as the markets reopened after the holiday period. The current overall price action suggests that bulls are looking to hold onto their gains after the recent rally. The top…
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We still holding our previous outlook for the  Dow Market managed to hold trades above support  47600-700 as we see over the chart which managed to push for some rebound toward 48380-500 resistance and target zone Market may hold…
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Gold managed to met targets 4420 and 4470 and above As we see over the Intraday chart, market facing support trend around 4430 where as long as market holding trades above it the advance wave may sustain toward 4550 and 4600 Below…
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