Technical Analysis

(USDCHF) franc bounces lower The dollar edged lower after losing ground to the (USDCHF) franc. On the chart, there is a sign that sentiment has improved despite a momentary spike at 0.7980 that has shaken out some weaker hands. A close…
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The Dow fell below the support of 46100 last week and managed to accelerate the drop movement toward 45135 before prices rebounded on Trump’s announcement over China. As we see over the chart, the market is facing resistances around…
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Gold managed to rebound towards a record high as the advance wave is still ongoing. As we see over the Intraday chart, the market is facing the first support at the 4022-25 zone, which could move prices toward 4085, causing some…
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Crude Oil met the target of 59.50 while managing to drop below it. As we see over chart, prices face a resistance zone at 60.25-50, and if the market holds below it, more of a drop could hit the market towards 57.60 or 55.60. Above…
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As we see over our previous chart, the market managed last week to test the support zone of 150.90-151.45, where prices rebounded from that zone. As we see over the chart, the market faces a support zone at 150.90-151.45 and 149.75, and…
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As we see over our previous chart, EURUSD faces resistance around 1.1650, where if the market holds below it, more of a drop toward 1.1420-50 will be expected. Support at 1.1390 could maintain the chance for a rebound. Above 1.1650 more…
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EURUSD finds support The US dollar remained on the front foot as the pair grinds lower. A previous move below the daily support of 1.1550 kept the bulls on the defensive before a subsequent bounce. A drop below this base of the rebound…
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AUDUSD on the comeback trail The AUDUSD looks to break out of its stiff consolidation as the greenback's momentum continues. This week's business confidence data and the next round of central bank meetings will be crucial for…
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