Technical Analysis

Gold managed to maintain the trading zone between support 3995-4000 and 4110 so far. As we see over the Intraday chart, another small trading zone between support 3998 and the resistance 4065 could hold the market. Below 3998, the market…
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Crude Oil met the target of 58.10 and managed to break below it. As we see over the Intraday chart, the market is facing the first Intraday resistance around 58.40, where as long as prices hold below it, the pressure could continue towards…
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Prices met the target of 156.70 while more advance towards the second target 158.80 is promising. As we see from our previous chart, the market managed to test the support of 153.65 before advancing towards the first target of 156.80. If…
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The pair managed to hold below the 1.3250-60 resistance which still holds pressure over the market  towards the target of 1.2850. Prices are closing from the first support at 1.3000 which could give the chance for a rebound. Below 1.3000…
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The Euro managed to fall below the support of 1.1665 which restored the pressure again on the market. As we see over the Intraday chart, and as long as the market holds below 1.1630-55, the drop pressure could continue with support at…
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NZDUSD tests critical floor The New Zealand dollar hit a fresh low as prices gave up most of yesterday’s gains. The pair is struggling to hold as the RSI attempts to move away from oversold territory. The support-turned-resistance at…
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USDCHF testing resistance The Dollar continues the rally after moving over 100 pips in recent sessions. The pair is now testing the 0.8000 resistance level, which has become a firm psychological target. A jump above this level has led…
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AUDUSD heading south The Aussie continues to bounce lower as prices remain in a bearish channel. The pair has completed a full reversal of the early November rally that saw prices reach the 0.6580 level. However, the low of the rebound…
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