Technical Analysis

Oil managed to hit high around 64.10 two weeks ago as prices tested the support zone of 59.50-90. As we see over the chart, prices face resistance around 64.80 and support around 59.50-90 which could keep the market inside this trading…
Read More

The Dow managed to hold above the support at 41850 and managed to move above 42435. As we see over the chart, the market managed to re-test the support zone of 41800-50 where as long as prices hold above it, a chance for another rebound…
Read More

GBPUSD indicators still show some drop pressure over the market, but as long as prices hold below 1.3595, the target will look towards the 1.3330-60 zone. Above 1.3595 a chance for a further advance toward 1.3735 could hit the market.…
Read More

As we advised last week and as we see over our previous chart USDJPY managed to hold trades below resistance 144.45 where managed to activate another drop movement while managed today to print low around 142.75 As we see over the…
Read More

The Euro held above the support of 1.1300 and advanced toward the first target at 1.1390 and broke higher. Prices tested the resistance of 1.1440, as the first supports is are at 1.1380 and 1.1300, with the second target looking towards…
Read More

The FTSE(UK 100) attempts to hit a fresh high The FTSE(UK 100) remains bullish as bears failed in their attempts to pull prices lower. The index continues to rally as the 8800 level becomes the main resistance level. Any chance of a…
Read More

XAUUSD drops lower Gold remains under pressure as traders focus on the continuation of the dollar’s rebound in recent sessions. With the ongoing global tensions, along with economists awaiting the next move from the White House, the…
Read More

the Dow managed to hold above the support at 41850 and managed to move above 42435. As we see over the chart, the market managed to re-test the support zone of 41800-50 where as long as prices hold above it, a chance for another rebound…
Read More

Gold corrected as expected over the last few days and managed to hit the targets 3279 and 3250. As we see over the Intraday chart, the market is facing support around 3279 where as long as prices hold above it, a rebound correction toward…
Read More

Oil hit a high around 64.10 last week and dropped to close in again to the support zone of 59.50-90. As we see over the chart, prices face resistance around 64.80 and support around 59.50-90 which could keep the market inside this trading…
Read More