Technical Analysis

The Dow managed yesterday to break below the 45100 support, which could push prices further down. As we see from the Intraday chart, prices face a resistance zone around 45320-70, where as long as the market remains below it, a…
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Gold managed to sustain an advance yesterday and managed to meet the target of 3540. As we see from the Intraday chart, the market faces a trading zone inside a triangle formation between support 3526 and resistance 3544-46.…
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Crude Oil managed to break above the resistance of 65.00 which could push for a further advance toward 69.00. As we see over the Intraday chart, the market is facing support around 63.60-90, where as long as the market holds…
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USDJPY managed to hold above the support trend of 146.50-70 which was tested several times with a rebound towards 148.93 so far. Below 146.50 more of a drop to re-test the old support at 145.70 which in turn could activate…
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GBPUSD moved below 1.3360 with a fast drop which could lead to a further downturn. As we see over the Intraday chart, the market is facing a resistance zone around 1.3430-50. If prices remain below it, more of a drop toward…
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The Euro dropped to the resistance zone of 1.1720-40 as the market closed to the support trend of 1.1575-1.1600. As we see from our previous chart, the Euro still holds a trading zone in a triangle pattern. Below 1.1575 more…
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(GER40)DAX remains pressured The (GER40)DAX continues its bearish stance after fading further away from its August peak. A close below the previous swing low of 24100 gave more pressure to the index. This suggests that overall…
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The Dow managed to hold above the support zone at 45100-50 to push for another advance towards the first resistance zone at 45750. Prices hit another correction towards 45225, while as long as the market keeps holding above 45100-50 the…
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Gold managed to met the target of 3500 and above, to hit fast drop this morning. As we see over the Intraday chart, the advance wave is still ongoing with the support trend around 3466-70 which could keep the advance wave toward the second…
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Crude Oil managed to break above the resistance of 65.00 which could push for a further advance toward 69.00. As we see over the Intraday chart, the market is facing support around 63.60-90, where as long as the market holds above it, more…
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