Technical Analysis

USDJPY managed for the second time to test the resistance of 153.25 to push for a correction where the market printed a low around 151.52. As we see from the Intraday chart, the market is still facing the chance for a trading zone…
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GBPUSD managed to sustain the downtrend pressure as prices pushed below the support of 1.3250. As long as the market remains below 1.3290, the drop pressure could continue. As we see over the Daily chart, prices now facing support at…
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Euro seems to be building a Triangle formation at supports at 1.1600 and 1.1545, as resistance at 1.1700 has the chance for a trading zone. Above 1.1700 more advance could hit the market with resistance at 1.1780-1.1820. Below 1.1545…
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USDCHF tests important support The Swiss franc is poised for a bounce as prices slide lower. Any chance of a turnaround needs a jump above the psychological level of 0.8000 to send a strong signal that buyers remain in the game. As the…
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The Dow broke above the resistance of 46700 last week and managed to add more advance on the price gap this week. As we projected last week, prices hit the second target of 47500. Intraday Levels show the first support around 47000,…
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Gold managed to resume the drop and managed recently to target and test the edge of the support zone at 3945-65. As we see over the Intraday chart, prices face the chance for a trading zone between support 3945-65 and resistance 4030-50…
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We are still holding our previous outlook for the GBPUSD pair. 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…
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The market managed to hit the second target around the 62.60 resistance. As we see over the previous chart, the market facing the chance for a trading zone between support 60.00-20 and resistance 62.60. Above 62.60 more advance will…
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USDJPY managed for the second time to test the resistance of 153.25 to push for a correction. As we see over the Intraday chart, the market still facing the chance for a trading zone between support 151.05-40 and resistance 154.00-20.…
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