Technical Analysis

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…
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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…
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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…
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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…
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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.…
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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…
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Dow moved above 46700 as the market is still facing the 47000-100 resistance zone. Prices face a chance for a trading zone between support 46200-400 and resistance 47000-100. As long as the market holds above the support zone of…
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Gold managed to break above the resistance of 4280 yesterday and added more advance toward targets 4320 and 4370-80. As we see from the Intraday chart, prices tested the resistance of 4370-80 several times, while as long as the market…
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Last Friday, USDJPY print below the support at 149.75, which could lead a further drop. As we see over the Intraday chart, the market is facing resistance at 151.40-70, where as long as prices hold below it, the downward pressure could…
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