Technical Analysis

The Pound dropped and managed today to test the support trend of 1.3440-70 and hit a rebound. The market still faces resistance around 1.3635-45 with support at 1.3440-70 which could create a trading zone. Above 1.3645 more advance will…
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The Euro corrected as the market still holding inside an uptrend channel as we see on the chart. Market support is around 1.1265-85, where as long as prices hold above it, the advance wave could sustain with resistance around 1.1440.…
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GBPUSD pushes higher Cable moved higher as the US Dollar sell-off continued across the board. From the chart's perspective, the bias remains bullish as the pair aims to close above 1.3600. As momentum becomes slightly exhaustive after…
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The Dow managed to rebound before testing the support zone of 40800-900 as the index printed a low around 41160 last Friday. As we see over the chart the market is facing support around 41850 and 41600, which one of those…
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Gold managed to hold below the resistance of 3365-70 and managed to drop further. Gold managed so far to hit low around 3302. As we see over the Intraday chart, the market is facing its first support zone around 3280-95 and…
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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…
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USDJPY managed to hold below 143.60 to hit a 142.10 low today closing to our target of 141.50-90. As we see from our previous chart, there is resistance around 143.60 where as long as the market holds below it, the drop…
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The Pound managed to hold above the support of 1.3315-30 and advanced toward 1.3593 yesterday. The market still faces resistance around 1.3635-45 with support at 1.3440-70 which could create a trading zone. Above 1.3645 more…
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The Euro held above 1.1265 and managed to advance toward 1.1418 yesterday, closing to the resistance of 1.1440. As we see from the Intraday chart, prices face a trading zone between the support 1.1350 and resistance 1.1440.…
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