Technical Analysis

Gold broke below the support at 4230 which could lead to downtrend pressure for another drop toward 4100. As we see over the chart, the market is facing support at 4180-85, while resistance at 4245 could create a small trading zone here…
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Crude Oil managed to meet the target and resistance at 95.90. As we see over the chart, the market has become under pressure if prices remain under the resistance of 95.90. Support zone is at 87.35, which could create a trading zone here.…
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USDJPY added more rebound towards 159.00 so far. As we see over the chart, the main resistance zone remains at the 159.50-160.00 zone, which keeps pressure over the pair for another drop toward 153.90 and below. Intraday supports are at…
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GBPUSD fell toward the 1.3200 zone as market support remains at 1.3140-60. As long as the market holds above the support zone of 1.3140-60, a rebound towards the 1.3350-1.3400 zone is likely. Below 1.3140 more of a drop towards 1.3000 is…
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The Euro managed to break below the support trend at 1.1390. If prices hold below the daily close of 1.1410, more of a drop is likely towards the 1.1200-50 zone. A close above 1.1410 could activate a rebound towards 1.1500 and 1.1565.…
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USDCHF bounces higher The US dollar held firm, with price action dipping after the recent bullish rally. The USD remains in focus as traders assess whether the latest strength can continue. The pair looks to hold onto gains…
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Dow managed to hit the second drop wave while managed to close from support 51180 As we see over the previous chart and as long as market maintain trades above thsi support a rebound correction may hit the market toward 51460 and 51970…
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Gold managed to push for farther drop movement while managed today to start the test of 4230-60 support zone As long as market maintain this support zone another advance toward 4400 and 4510 may hit the market Below 4230 a risk for…
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Crude Oil managed to rebound toward target 93.70 and above As we see over the chart , If market managed to maintain trades below 95.90 resistance a nother drop toward 90.00 and 87.35 is likely Above 95.90 more advance is likely while…
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USDJPY managed to meet targets 156.75 and 157.40 and above Market still showing ability for farther advance toward 159.50-160.00 zone Intraday supports at 157.30 and 156.40 which still pushing for farther advance Markey managed to…
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