Technical Analysis

USDJPY managed last Wednesday to test the support of 145.70 and moved lower in a volatile move over the Fed rate cut. The market managed to rebound quickly above 145.70 to drive the market for more rebound. As we see over the…
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GBPUSD dropped below 1.3575 and managed to test the support trend around 1.3450-80. As we see over the chart, the uptrend line support is around 1.3420-50, where as long as the market holds above it, the advance wave could move…
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The Euro managed to add more of a drop below 1.1770 as the market still holds above the second support of 1.1700, which is still showing a chance for further advance towards the 1.2000 zone. As we see over the chart, as long as…
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(The FTSE) UK 100 bounces back (The FTSE) UK 100 eyes another fresh high as price action breaks the previous resistance of 9200. The move has attracted further buying interest from the start of the breakout rally last week. A close…
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(S&P) SPX 500 reaches for another record The (S&P) SPX 500 resumed the climb after the latest FOMC press conference lingered in traders’ minds. Stocks are looking to recover from the recent sell-off as focus intensifies on the…
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The Dow managed to hold above the support of 45500-700 and met the first target around 46300. As we see over the chart and as long as the market holds above the support of 45500-700, another advance toward 46800 will be expected.…
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Gold managed to hit a fast advance and closed from the target of 3710 last Wednesday, before the market rapidly dropped before testing 3710. As we see over the Intraday chart, prices face pressure which could lead to another drop. As…
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USDJPY managed last Wednesday to test the support of 145.70 and moved lower in a volatile move over the Fed rate cut. The market managed to rebound quickly above 145.70 to drive the market for more rebound. As we see over the chart,…
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Crude Oil held below the resistance of 64.30-60 while the downtrend pressure is still on the market. As long as the market holds below this resistance, then the downtrend pressure could sustain towards the 59.50 target. Above 65.80…
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