Technical Analysis

Dow managed to meet the second target of 44550-90. As we see over the chart, prices face resistance around 44700-50, where as long as the market holds below it, a chance for s drop correction toward 43100-200 is expected.…
Read More

Gold tested the resistance zone of 3350-60 yesterday and caused a correction toward 3327 so far. As we see over the chart, prices face resistance around 3350-60 which could push for a correction toward 3300, before the advance…
Read More

Crude Oil managed to hit a  fast correction and as result of easing tensions in the Middle East. Prices hit targets 71.45, 68.00 and closed from the third support 63.70. As we see over the chart, and as long as the market…
Read More

USDJPY managed to rebound above 143.40-90 which could push a rebound on market. Intraday levels show support around 142.65 where as long as the market holds above it, a chance for a further rebound toward 145.70-90 is likely.…
Read More

GBPUSD starts to show a chance for an advance as the market hit a few pips above the resistance of 1.3745-75. As we see over the chart the market is facing the chance for a correction toward 1.3675 advancing again. Whilst…
Read More

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. Intraday levels show the first support around 1.1765 and…
Read More

(GER40) DAX hits another higher high The (GER40) DAX remains bullish, even though prices have experienced a slight correction. A move below the psychological level of 24000 has pushed the index back to consolidation mode. After the RSI…
Read More

The Dow managed to break above the resistance of 43300 which could now push for an advance toward resistances 44035 and 44550-90. The market managed to hit the first target of 44035 while still looking towards the second target at 44550.…
Read More

Gold managed to break above the resistance of 3301 and pushed the market for further advance towards 3335-50. As we see over the chart, prices face a resistance zone around 3350-60 which could push for a drop towards 3300 before advancing…
Read More