Technical Analysis

USDJPY moved back again to close from the support trend which is now around 146.10-40. If prices hold above this range, another rebound towards 149.95 and above will be expected. Below 145.45 this could add more pressure over the pair…
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GBPUSD passed above 1.3465 yesterday which placed mixed signals over the pair. As we see from the chart, the market is facing Intraday resistance around 1.3535, and support around 1.3410 which could keep the Pound in this trading zone…
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The Euro still holds above the support of 1.1705 and managed to pass above the resistance of 1.1750 yesterday. As long as prices remain above 1.1705, more advance will be expected with resistances around 1.1820-50 and 1.1920. Below…
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( USOIL ) WTI testing triple bottom ( USOIL ) WTI prices plummeted further, with prices seeking the latest support. A subsequent drop below 66.00 invalidated the late September recovery, forcing early buyers to abandon ship. A new…
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The Dow managed to test the resistance zone of 46450-700 yesterday. If the resistance zone of 46450-700 holds, then the downtrend pressure will return for another drop as we see over the chart. Above 46700 this could give the…
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Gold hit a fast correction yesterday as prices managed to hold trades above the support of 3791. As long as the market holds above 3791, the advance wave can continue. However, a chance for a trading zone between support…
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Crude Oil fell below 63.20-80 which could push for a further drop to test the support trend at 61.60-62.00 yesterday. As long as the market holds above the mentioned support, a rebound could hit the market with resistances at…
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If prices remain below the 151.25-45 resistance, a correction is likely. The market is now facing a support trend around 146.15-25, which if managed to hold, another rebound is expected from inside this trading zone. Above…
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GBPUSD managed to rebound to the edge of the 1.3465 resistance while prices hold below. As long as market keep holding trades below 1.3465 a chance for a further drop towards 1.3250 is likely, which in turn could activate a…
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The Euro is now testing the Intraday resistance at 1.1750 while showing a chance for breaking higher. As long as prices remain above 1.1705, more advance will be expected with resistances around 1.1820-50 and 1.1920. Below…
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