Technical Analysis

USDCHF pushes higher The US dollar maintains its bullish rhetoric as the Fed gave more signals regarding its next rate cut. The franc came under more pressure as prices spiked above the psychological 0.8000 level. A bounce above the next…
Read More

The Dow still shows advance signals as the market faces supports around 46350 and 46150. If the market holds above one of those supports, the advance wave will remain ongoing toward the second of target 47500. Below 46150, more of a…
Read More

Gold is facing some pressure over the Intraday frame where the trend resistance is at the 4030-35 zone. If the market holds below the said resistance, the drop pressure could sustain with a trading zone towards 4000. Below 4000 more…
Read More

We still hold our previous outlook over Crude Oil. The market managed to fall below the support of 61.25 as expected, while the target is still toward 59.50. Intraday resistance is at 62.70-63.35, while as long as the market holds…
Read More

USDJPY met the second target of 150.90-151.45 whilst managing to break above it two days ago. Our new target is now toward 154.65. As we see over the chart, the market is facing a support zone around 150.90-151.45 and 149.75, and if…
Read More

GBPUSD fell below 1.1400 which could cause a further drop. Prices face resistance around 1.3460, as the market holds below it, more of a drop will be expected as support at 1.3330 could push for a rebound. Below 1.3330 more of a drop…
Read More

The Euro resumed the downward movement and yesterday hit a low at 1.1598. As we see over the Intraday chart, the market is still facing support at 1.1575, where as long as the market holds above it, a rebound will be expected with…
Read More

USDJPY driving higher The dollar continued to press forward as the Fed adopted a slightly dovish tone for the remainder of the year. The latest move to the upside has encountered resistance after testing the 153.00 area, and an initial…
Read More

Dow still showing advance signals while market facing supports around 46350 and 46150 As long as market holding trades above one of those supports the advance wave still ongoing toward second target 47500 Below 46150 more drop will be…
Read More

We still holding our previous outlook for the Gol As we see over our previous chart and as we advised before Gold managed to met targets 3945-50 and 3980-85 while managed to boke above resistance trend early today Market is now facing…
Read More