Technical Analysis

(S&P) US500 probes resistance The (S&P) US500 moves towards another fresh peak as the stock market continues to outperform. While a close above 6450 supports the bullish trajectory, the latest horizontal grind is a sign of…
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The Dow managed to sustain  an advance towards 45100 and above. As we see over the chart the market is still facing support at 44650, and if prices remain above it, more advance toward 45500 will be expected. Below 44650 more of…
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As we see over the Intraday chart, Gold is still facing pressure as the market remains below the resistance  of 3358. Prices face support around 3329 could lead to another advance to break above 3358 and then head towards…
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Crude Oil managed to break below the 63.70 level which could push for a further drop. As we see over the chart, prices face resistance around 64.40 where as long as the market holds below it, more of a drop toward 59.50 could hit…
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USDJPY managed to push the market back towards 147.20-60. As we see over the Intraday chart, the market is facing resistance around 147.60 which could push for another drop towards the 146.40-60 zone. As long as the market holds…
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GBPUSD managed to met target of 1.3585. As we see over the Intraday chart, prices face resistance around 1.3600 which could push for a correction. The support zone at 1.3360-90 could activate again another advance toward…
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EURUSD As we see over the Intraday chart, the market is facing a support zone around 1.1630-60 which could keep the advance movement going towards 1.1750-70. Below 1.1630 more of a drop will be expected with supports around…
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(XAUUSD)Gold attempts to bounce back (XAUUSD)Gold remains pressured after failing to lift away from the current bottom. However, at least the price seems to have secured a foothold around the psychological level of 3300, and a…
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(EURUSD) Euro attempting full recovery The (EURUSD) Euro advances as the pair hit another high, as the greenback remains on the back foot. With the latest CPI reading being tame as inflation crept up to 3%, this managed to limit the…
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(FTSE)UK 100 hitting peaks and troughs The (FTSE)UK 100 struggles with momentum despite upbeat UK GDP data. Sentiment has turned cautious after the index saw another firm rejection just below the 9200 level. A bounce above the first…
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