Technical Analysis

(Dow jones) US 30 creeping higher The (Dow jones) US 30 keeps its sideways stance as price action remains undecided. The index is pulling back from its recent peak, just below 45,000, and is now testing 44,500 with the RSI dropping…
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The Dow managed to test resistance at 44500-50, where as long as the market holds below it, the pressure could sustain toward 43870. Above 44500-50 the market could restore strength for an advance with resistances at 44870 and 45100.…
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Gold managed to test the support zone of 3280-95 and pushed for a rebound. As we see over the Intraday chart, prices are now testing resistance around 3330, and another drop towards 3300 could hit the market. Above 3330 more advance will…
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Crude Oil managed to hit the target of 68.00 which could push for a correction as we see over the chart. Intraday support starts from 66.50 while resistance is at 68.00. Above 68.00 more advance will be expected toward 72.10.…
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USDJPY managed to add more advance after breaking above 145.70 which is now considered a support zone. As we see over the Intraday chart, the market is facing the first support around 145.70 with resistance at 147.50-70. If prices hold…
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GBPUSD hit a drop towards 1.3525 while more of a drop is still expected to 1.3400. As we see over the chart the market resistance is at 1.3785 with support at 1.3370 which could create a trading zone. Above 1.3785 more advance toward…
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The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000. The market is still holding above the support of 1.1650-60. Below…
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(UK100) FTSE pushing higher American indices aren't the only ones benefiting from a bullish market. The (UK100) FTSE hit another high after moving over 150 points higher. 8860 is a key level to maintain the index's upward momentum, as…
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