Technical Analysis

Yellow metal (XAUUSD) finds support Gold inches higher as the ongoing global tensions heightened as traders supported the yellow metal (XAUUSD). The price continues to push for another fresh high, but it will need to break 3440 to…
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UK 100 (FTSE) bulls remain in the market The UK100 (FTSE) maintained its winning streak as it broke the 8500 level. The rally has put the index on track to test this year's high. A continuation could signal a move to a new all-time high…
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The Dow managed to break above the resistance of 41100-200 last Friday. As we see over the chart, prices are facing Intraday supports around 40850 and 40600-50, where as long as the market holds above one of those supports, the…
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Gold broke above 3280 last week and managed to meet the targets of 3320 and 3350. Gold began this week with an advance toward the resistance zone 3380-88. As we see over the chart, the market is facing a chance for another drop…
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Crude Oil held below the resistance of 59.90-60.25 and closed towards the target and support zone of 54.90, printing a 55.20 low. As long as the market remains below 59.90-60.25, the pressure could sustain over the market for…
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USDJPY fell below the support of 144.00 last week and below this level more pressure could affect market. As we see over the Intraday chart, the market is facing resistance around 144.40, where as long as prices hold below it, more of a…
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GBPUSD held trades inside our expected trading zone so far and tested 1.3435 and fell toward 1.3260 so far. The trading zone between the support 1.3200-20 and resistance 1.3435 could control the market for now. Above 1.3435 more…
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The Euro managed last week to test the edge of our support zone of 1.1245-65 and rebounded toward 1.1380. As long as the market holds above this support zone at 1.1245-65, the advance wave could sustain for a further advance. Below 1.1245…
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