Technical Analysis

The Nasdaq 100 (NAS 100) continues the recovery Indices remain buoyant as we head into another week of potential growth. The Nasdaq 100 (NAS 100) remains in bullish mode after almost making a 100% recovery from the sell-off that…
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The Dow managed to hold above the support of 41600 where prices managed to hit a rebound toward 42460. As long as the market holds  below the resistance of 42560 another swing back toward 41800 could hit the market. Above 42560 more…
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Gold managed to meet targets 3200 and 3250-60 yesterday. As we saw from the market, Gold managed to drop as the market kept trades below the resistance of 3250-60. Prices hit a low of 3154 today while as long as the market holds…
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Crude Oil hit the targets of 61.50 and resistance 63.50 whilst dropping and closing again to support zone of 59.50-90. As we see over the chart and as long as the market holds above the support of 59.50-90, another advance wave toward…
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USDJPY managed to hit a correction today to hit a 144.90 low. As we see over the chart, the market could head again for another advance from the 145.40 support with the target and resistance zone at 148.20-60. Below 144.40-80 the market…
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The Pound printed a 1.3332 high today while we still hold our previous outlook as per yesterday. As long as the market holds below this resistance of 1.3360, another drop will be expected to test the 1.3200-20 zone while below this level…
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The Euro managed to print a 1.1065 low on Monday and rebounded towards the resistance zone at 1.1265. As we see over the chart, prices remain inside this trading zone. Above 1.1290 more advance toward 1.1380-1.1425 could hit the market.…
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FTSE 100 (UK100) stuck sideways The FTSE 100 (UK100) looks for direction as prices, along with the RSI, remain in a lengthy consolidation. The bounce off April’s low showed solid interest in keeping the bullish bias intact and…
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Dow managed to hold trades below resistance 42560 where managed to met target 42000 and closing from second target and support 41600 As long as market keep holding trades above 41600 support another advance may hit the market where…
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