Technical Analysis

The Euro resumed the downward movement and yesterday hit a low at 1.1598. As we see over the Intraday chart, the market is still facing support at 1.1575, where as long as the market holds above it, a rebound will be expected with…
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USDJPY driving higher The dollar continued to press forward as the Fed adopted a slightly dovish tone for the remainder of the year. The latest move to the upside has encountered resistance after testing the 153.00 area, and an initial…
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Dow still showing advance signals while market facing supports around 46350 and 46150 As long as market holding trades above one of those supports the advance wave still ongoing toward second target 47500 Below 46150 more drop will be…
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We still holding our previous outlook for the Gol As we see over our previous chart and as we advised before Gold managed to met targets 3945-50 and 3980-85 while managed to boke above resistance trend early today Market is now facing…
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we still holding our previous outlook over Crude Oil Market managed to fell below support 61.25 as expected while target still toward  toward 59.50. Intraday resistance is at 62.70-63.35 while as long as the market holds below it, the…
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USDJPY managed to met second target 150.90-151.45 while managed to break above it yesterday Our new target now is toward 154.65 as we advised beofore As we see over the chart, market facing support zone around 150.90-151.45 and 149.75…
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GBPUSD managed to fell below support 1.1400 which may push market for farther drop movement as we advised before Market facing resistance around 1.3460 where as market holding trades below it more drop will be expected where support…
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Euro managed to met target 1.1645 as we advised before while managed to break below this support As we advised before and as we see over the Intraday chart, market still facing support 1.1575 where as long as market holding trades above…
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Gold (XAUUSD) no slow in momentum Gold pulls back slightly from hitting another record as bulls await the next round of the FOMC. A close above the former daily support of 3920 prompted some sellers to cover their positions, as the…
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