Technical Analysis

USDJPY met the target of 145.95 before the market hit a fast correction. As we see over the chart, prices are facing Intraday resistance around 144.45 with support around 143.40. As long as prices keep holding below 144.40, a chance for a…
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The Pound dropped as prices remained below the resistance of 1.3635-45 and printed a 1.3415 low yesterday. As we see over the Intraday chart, the market is facing the first Intraday resistance around 1.3525, where as long as the market…
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The Euro yesterday fell below 1.1365 as the second support at  1.1200 managed to push market higher again. As we see from the chart, the market is facing Intraday support around 1.1300 where as long as prices hold above it, a trading zone…
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XAUUSD (yellow metal) losing momentum Gold sank over $60 as the ongoing geo-political tensions meant a choppy ride for the XAUUSD (yellow metal). Prices are trying to safeguard their recent gains after a slight dip in price action…
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The Dow Jones(US 30)regaining lost ground The Dow Jones(US 30) progressed as the index extended its winning streak. Price action goes from strength to strength after breaking above 42000. 41400 is the current support where buyers have…
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The Dow managed to hold above the first support of 41850 and added more advance to break above 42100 and close to the first target and resistance at 42435. First Intraday support starts from 42200 where as long as the market keeps above it…
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Gold managed to meet the target of 3280-95 yesterday and hit a rebound. As we see over the Intraday chart, the market is facing resistance around 3345-65 which could again push for another drop swing toward 3280. Above 3370 more advance…
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Oil hit a high around 64.10 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 zone.…
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USDJPY passed the resistance of 144.40 which could push for advance. As we see over the chart the is market facing the first support around 143.85, where as long as prices keep above it, more advance could hit the market toward 145.95.…
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