Technical Analysis

GBPUSD managed to met target of 1.3585. As we see over the Intraday chart, prices face resistance around 1.3600 which could push for a correction. The support zone at 1.3360-90 could activate again another advance toward…
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EURUSD As we see over the Intraday chart, the market is facing a support zone around 1.1630-60 which could keep the advance movement going towards 1.1750-70. Below 1.1630 more of a drop will be expected with supports around…
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(XAUUSD)Gold attempts to bounce back (XAUUSD)Gold remains pressured after failing to lift away from the current bottom. However, at least the price seems to have secured a foothold around the psychological level of 3300, and a…
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(EURUSD) Euro attempting full recovery The (EURUSD) Euro advances as the pair hit another high, as the greenback remains on the back foot. With the latest CPI reading being tame as inflation crept up to 3%, this managed to limit the…
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(FTSE)UK 100 hitting peaks and troughs The (FTSE)UK 100 struggles with momentum despite upbeat UK GDP data. Sentiment has turned cautious after the index saw another firm rejection just below the 9200 level. A bounce above the first…
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Dow managed to break above resistance 44700-50 yesterday which could push for a further advance toward 45100. As we see over the Intraday chart, the market is facing support around 44650. If prices remain above this price, the…
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Gold managed to hold so far above the support of 3330-35 which could push for a further advance towards the 3390-95 zone. Below 3330 more of a drop will be expected with supports at 3310-15 and 3282. SUPPORT…
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Crude Oil managed to break below the 63.70 level which could push for a further drop. As we see over the chart, prices face resistance around 64.40 where as long as the market holds below it, more of a drop toward 59.50 could…
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USDJPY fell below 147.00 and pushed for more drop movement toward 146.20 so far. As we see over the chart, the market is facing support at 145.70 where as long as prices hold above it, a chance for another rebound will be…
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GBPUSD managed to sustain an advance to close to the target and resistance at 1.3585. As we see over the chart, prices face intraday resistance around 1.3585 which could cause a correction with supports at 1.3485 and 1.3390.…
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