Technical Analysis

Gold held above the support of 3613-20 and managed to advance towards the target at 3675-80, and closed from the second target of 3710. As we see over the chart, prices face supports around 3674 and 3651-56, where one of those…
Read More

Crude Oil held below the resistance of 64.30-60 while the downtrend pressure is still on the market. As long as the market holds below this resistance, then the downtrend pressure could sustain towards the 59.50 target.…
Read More

GBPUSD hit 1.3590 again and managed to break above it, which set the course towards a second target of 1.3745-75. As we see over the chart, prices face support around 1.3575-95, where as long as the market holds above it, more…
Read More

The Euro sustained its advance to meet the target of 1.1830. As we see over the chart, the market is facing supports around 1.1770 and 1.1700, where one of those supports could keep the advance wave ongoing towards 1.2000-20.…
Read More

USDJPY is still holding our expected trading zone between support 145.70 and resistance 149.15, while managing again for another drop and closing from support 145.70. This trading zone is still valid, and if the market holds…
Read More

(The Dow) US30 hitting some resistance (The Dow) US30 retreated slightly after testing all-time highs as the Fed indicated that a rate cut is imminent. The mood has turned cautious at 46100 with an overbought RSI on the chart calling…
Read More

(SPX 500) S&P hitting records The (SPX 500) S&P confirmed its bullish stance after a remarkable continuation after jumping past the 6500 level. 6650 is the next hurdle to reach and a key level to see if bulls progress as the…
Read More

The Dow managed last week to break above the resistance of 45700-50 whilst managing to meet the first target at 46000. As we see over the chart and if prices hold above the support of 45500-700, another advance toward 46300 and 46800…
Read More