Technical Analysis

Gold still holding trades insode this trading zone while support still around 4100-25 and resistance zone at 4220-45 Market may hold this zone for some time while a break below or above may push for farther movemnt in that direction…
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Crude Oil managed to meet target and resistance 95.90 before market drop again toward support 87.35 This trading zone still valid between support 87.35 and resistance 95.90 Above 96.35 more advance is likely Below 87.35 more drops…
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USDJPY managed to add more bonus above 157.85 while drop pressure still overshadow the market as traders expect an intervention from BOJ anytime Intraday showing resistances at 159.00 and 160.00 while a drop wave may hit the market…
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GBPUSD managed to fell toward 1.3180 while market support zone still at 1.3140-60 As long as market holding trades above support zone 1.3140-60 a rebound correction movement toward 1.3350-1.3400 zone is likely Below 1.3140 more drops…
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Euro managed to break belwo 1.1200 support while as long as market keep holding Daily close below 1.1240 the drop pressure may sustain toward target 1.1065 A daily close above 1.1240 may push for  rebound correction toward 1.1330-50…
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USDCAD grinding higher The Canadian dollar (USDCAD) lost further ground to the greenback as prices moved above 1.4200. A series of higher highs indicates mounting buying pressure, providing opportunities for trend followers to…
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UK 100 tests critical floor The FTSE (UK 100) took a dramatic tumble as price action fell away from its recent high. The index’s close below 10500 has invalidated the recent spike, putting buyers under pressure. As the index…
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The Dow managed to break below the support of 51180 to close towards the second target at 50520. As we see over the chart, the market has the chance for a trading zone towards the resistance 51180, before continuing to drop…
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Gold managed to test the resistance trend at 4200-10 yesterday and dropped towards 4141. As we see over the chart, the market is still facing a resistance zone at 4200-10 and 4235-45, where each resistance can activate the drop…
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Crude Oil managed to meet the target and resistance of 95.90, before prices dropped again towards the support 87.35. This trading zone is still valid between support 87.35 and resistance 95.90. Above 96.35 more advance is…
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