Technical Analysis

Gold extended the  correction just ahead of US Inflation data while prices close towards the at support 3605-11. If this support manages to hold, then a rebound with a trading zone toward the resistance of 3637-40 could control…
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Crude Oil moved above the resistance of 63.50 yesterday while as we see over the chart, the market is still trading below the downtrend resistance which is now around the 64.30-60 zone. As long as the market holds below this…
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USDJPY printed a low around 146.30 two days ago as the old support of 145.70 is still protecting the advance on the market. As we see over the chart, this trading zone between 145.70 and 149.15 could hold the market Above 149.15…
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GBPUSD held below the resistance of 1.3590 as the  market closed towards the support at 1.3480. Prices face supports at 1.3480 and 1.3400 with any one of these could cause a rebound correction. Above 1.3590 more advance toward…
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The Euro managed yesterday and today to test the support at 1.1680, which if managed to hold, the market could advance swing toward 1.1830 and above. Below 1.1680 a risk for more of a drop could hit the market with supports at 1.1575 and…
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( GER40 )DAX finds support The( GER40 )DAX inches higher thanks to cooling inflation across the eurozone. A rally above 23500 is a sign that the bullish mood is still intact. 24000 is the next high as trend followers are likely to hold…
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(Nasdaq) Nas100 looking for a fresh record Stock continued to climb as the (Nasdaq) Nas100 rallied over the past week. From the recent selloff, the index is looking to make a full recovery after breaking through the 23500 barrier. A…
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Gold advanced toward the first target at 3640-45 while the advance toward the second target at 3675-80 is still valid with some caution. As we see over the Intraday chart and as long as the market holds  below 3660, a chance for a…
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The Dow tested the resistance trend at 45700-50 last Friday before hitting a correction towards the 45200 zone. As long as the market keeps holding below the resistance trend of 45700-50, another drop will be expected with support at 44570…
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