Technical Analysis

As we see over our previous chart, the Euro seems to be building a Triangle formation at support 1.1545, as resistance at 1.1700 has the chance for a trading zone. The market managed yesterday to test the support of 1.1545. Above 1.1700…
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EURUSD drops lower The euro took a step back against the dollar as the Fed raised questions about its next move. After testing 1.1600, price action is now turning its attention to October’s low at 1.1550. A subsequent break below this…
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As we see over our previous chart, the Dow faces the chance for a correction, as long as the market remains below 48000 as the support of 47000 could keep the advance wave ongoing. Above 48000 more advance toward 48500 could…
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Gold fell below the 3970 support yesterday and hit the target and support of 3915 today. So far, this support still holds which could give the chance for an advance towards the 4050 resistance. Below 3915, prices could move back…
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Crude dropped from the resistance of 62.60 and managed to break below the support of 60.00. As we see from the Intraday chart, prices face support around 58.50, which could lead to a rebound to re-test the 62.60 resistance. Below…
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USDJPY managed for the second time to test the resistance of 153.25 to push for a correction where the market printed a low around 151.52, before market rebounded again toward 153.25. As we see from the Intraday chart, the market is…
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As we see from our previous chart, the market hit the target and support yesterday at 1.3140, which managed to push for a rebound towards 1.3218 so far. If prices hold above 1.3140, a further rebound will be expected with resistance at…
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As we see over our previous chart, the Euro seems to be building a Triangle formation at support 1.1545, as resistance at 1.1700 has the chance for a trading zone. Above 1.1700 more advance could hit the market with resistance at…
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The Dow US 30 remains bullish The Dow remains upbeat, with tech stocks and AI leading the way, as price action doesn’t look like slowing down. A move above 47800 validated another peak, prompting traders to wonder whether the bubble is…
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