Technical Analysis

USDJPY spiked lower on rumours that Donald Trump is going to fire the Fed Chairman, before the market rebounded on the announcemnet that he is not. Intraday levels show the first support around 146.90 whereas long as the market…
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GBPUSD dropped to hit the target of 1.3400 and fell further. As we see over the chart, the market is starting to show chances for a rebound starting from 1.3425, while as long as prices keep holding above 1.3370 the advance wave…
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The Euro printed a 1.1557 low yesterday as the market still holds above the support trend at 1.1535-50. As long as the market holds above 1.1535-50, the advance wave still has a chance for a further advance. Below 1.1535 more of…
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(Gold) XAUUSD remains choppy (Gold) XAUUSD saw a slight lift as President Trump hinted at replacing the current Chair of the Federal Reserve, Jerome Powell. Since the market calmed down, the price is licking its wounds after…
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Dow (US 30) dropping lower The Dow (US 30) experienced a slight pullback in its recent bull rally as investors turned their attention to recent tariff rumours. The index is still striving to hold onto its gains after lifting the key…
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The Dow managed to hit drop correction to close to the target of 43870 today to hit a rebound. Intraday levels show the first resistance zone around 44170-250 while support is still at 33870. Below 43870 the market could drop…
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Gold managed to hold below the resistance of 3375-80 yesterday and dropped toward 3320 so far. As we see over the Intraday chart, the market is facing resistance around 3345-52, where as long as prices keep below it, the drop pressure…
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Crude Oil held below the resistance at 66.30-60 which managed to push prices for a further drop toward 65.00 so far to close in on the first support of 64.85. Intraday first resistances are at 65.50 and 66.30-60. If prices hold…
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USDJPY managed to break above the 147.70 resistance to add more advance and hit above the second resistance of 148.65. As we see over the chart and  as long as the market keeps hold above the second support of 147.50-70, then the…
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