Technical Analysis

Dow managed to break above resistance 44700-50 yesterday which could push for a further advance toward 45100. As we see over the Intraday chart, the market is facing support around 44650. If prices remain above this price, the…
Read More

Gold managed to hold so far above the support of 3330-35 which could push for a further advance towards the 3390-95 zone. Below 3330 more of a drop will be expected with supports at 3310-15 and 3282. SUPPORT…
Read More

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…
Read More

USDJPY fell below 147.00 and pushed for more drop movement toward 146.20 so far. As we see over the chart, the market is facing support at 145.70 where as long as prices hold above it, a chance for another rebound will be…
Read More

GBPUSD managed to sustain an advance to close to the target and resistance at 1.3585. As we see over the chart, prices face intraday resistance around 1.3585 which could cause a correction with supports at 1.3485 and 1.3390.…
Read More

The Euro managed to hit the target of 1.1720 today. As we see from the Intraday chart, the market is facing resistance around 1.1790-1.1810 with support still at 1.1595-1.1610 which could create a trading zone. Above 1.1830…
Read More

(Dow Jones)US 30 going for a record The (Dow Jones)US 30 eased the downward trajectory with a bounce away from the lower region of the 44000 area. After a brief dip, a hold above this psychological level has helped bulls regain control…
Read More

Gold managed to print a few dollars below the support of 3335 yesterday after the US CPI data release, before prices held together and rebounded toward 3366 so far. As we see over the Intraday chart, the market is still holding a chance…
Read More

The Dow managed to break above the 44500 resistance while closing in from the target and second resistance  of 44700-50. As we see over the chart the market could face a trading zone between 44300 and 44700-50. Above 44750 a chance for a…
Read More