Technical Analysis

If prices remain below the 151.25-45 resistance, a correction is likely. The market is now facing a support trend around 146.15-25, which if managed to hold, another rebound is expected from inside this trading zone. Above…
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GBPUSD managed to rebound to the edge of the 1.3465 resistance while prices hold below. As long as market keep holding trades below 1.3465 a chance for a further drop towards 1.3250 is likely, which in turn could activate a…
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The Euro is now testing the Intraday resistance at 1.1750 while showing a chance for breaking higher. As long as prices remain above 1.1705, more advance will be expected with resistances around 1.1820-50 and 1.1920. Below…
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( UK 100 ) FTSE tests critical floor The ( UK 100 ) FTSE took a dramatic tumble as price action fell away from its recent high at 9360. The index’s close below 9300 has invalidated the recent spike, putting the bulls under pressure. As…
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Dow managed to pass above the resistance of 46225 and tested the resistance zone at 46450-700 yesterday. If the resistance zone of 46450-700 holds, then the downtrend pressure will return for another drop as we see over the…
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Gold broke above 3762 last week and hit the targets of 3791 and 3820 and above. As the market still holds the uptrend rally, Intraday charts show the first support at 3830-40. If prices hold above it, a chance for more advance…
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Crude Oil fell below 63.20-80 which could push for a further drop to test the support trend at 61.60-62.00, as we looked at the opposite scenario last week. The market is facing a support trend around 61.60-62.00, and if prices…
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If prices remain below the 151.25-45 resistance, a correction is likely. Above 151.45 more advance toward 154.65 will be expected, with supports at 148.50 and 147.15. SUPPORT RESISTANCE LEVEL1 148.50 150.45…
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GBPUSD managed to rebound to the edge of the 1.3465 resistance while prices hold below. As long as market keep holding trades below 1.3465 a chance for a further drop towards 1.3250 is likely, which in turn could activate a…
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