Technical Analysis

(New Zealand dollar) NZDUSD finds support The (New Zealand dollar) NZDUSD shared the same rhetoric as the Aussie, with a jump higher to break the recent consolidation. A break above the key area of 0.5900 would suggest a strong bullish…
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(Gold)XAUUSD testing $3400 (Gold)XAUUSD remains bullish as an uptick in sentiment has led buyers to persist in pushing the yellow metal higher. A bounce above 3350 has prompted some sellers to cover, easing the downward pressure after…
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The Dow managed to met the targets of 45100 and 45500 last Friday. As we see over the Intraday chart, prices face a base support at 44570-670, where as long as the market holds trades above the said support, another advance…
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Gold is still holding the Intraday trading zone which is still between the 3370 support and the 3395 resistance. As we see over the Intraday chart, the main support is still at 3350-52 which is still holding the advance…
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As we see over the Intraday chart, Crude seems to be holding inside a triangle formation which sets the support around 62.50 and resistance around 65.00. A trading zone inside this triangle could hold the market. Above 65.00…
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USDJPY held above the support trend of 146.50-70 which managed to push prices higher again towards 148.10, while more advance is still expected towards 149.15. Below 146.50, more of a drop to re-test the old support of 145.70…
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GBPUSD hit the target and support of 1.3360-90 and managed to hit a rebound towards 1.3545 last Friday. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will…
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The Euro met the target of 1.1590 as projected a few days ago. As we see over the Intraday chart, the market is now testing the support zone of 1.1550-90 and could support the market for another rebound toward 1.1720. Below…
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(XAGUSD) Silver takes a step back (XAGUSD) Silver took a breather after the latest surge saw a test at the 39.00. With a firm rejection confirmed in this area, buyers will look for the next signal as the RSI opens a slight bearish…
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(NSDQ) Nasdaq attempting a fight back The (NSDQ) Nasdaq continues its daily grind after seeing prices edge higher. The tech-heavy index touched 23000 in recent trading as big tech stocks got hit. A subsequent drop below 22600 could…
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