Technical Analysis

Gold is now testing the resistance zone which laying between 3646-57, which could maintain the Intraday pressure for another drop towards 3620, which in turn could activate another advance towards 3646-57 and 3675-80. Below…
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Crude Oil held below the resistance at 64.30-60 while the downtrend pressure remains on market. As long as the market keeps holding below this resistance, the downtrend pressure could sustain towards the 59.50 target. Above…
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USDJPY held above the old support at 145.70 and managed to hit a rebound again towards 148.20 last Thursday. This trading zone between 145.70 and 149.15 is still holding the market as expected. Above 149.15 more advance…
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GBPUSD managed to hold below the resistance of 1.3590 and dropped towards 1.3493, whilst support at 1.3480 kept the advance wave ongoing. The resistance zone is now around 1.3590-1.3620 and above this zone more advance will be…
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The Euro remains above the support trend at 1.1660-80 which still indicates a further advance towards 1.1830 and 1.2000. Below 1.1660, this could push for a drop with Intraday supports at 1.1575 and 1.1515. SUPPORT…
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( UK100 ) FTSE grinding higher The ( UK100 ) FTSE continued its progressive behaviour after sinking towards 9000 at the beginning of the month. A break above the cluster of levels around 9250 has triggered a boost of short-term long…
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(EURUSD)Euro remains bullish The (EURUSD)Euro advances as the pair moved over 300 pips in recent sessions, as the greenback remains on the back foot. With last week’s inflation report showing a jump, this managed to limit the…
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AUDUSD pushing for a rebound The Australian dollar continues to climb after hitting a full recovery. The pair's previous struggle to stay above 0.6600 forced some buyers to liquidate their positions. However, another bullish run has…
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The Dow managed to test the resistance zone of 45700-50 several times in the last few days as prices still hold below it. As we see over the Intraday chart, the market support is at 45370 whilst resistance is still at 45700-90…
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