Technical Analysis

FTSE (UK100) tests key resistance The FTSE (UK100) continues its sideways movement after failing to close above 8500. On the chart, after hitting a bottom at 8380, the rebound is lifting the index back towards its previous peak. A…
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Gold dropped after the market opened today as mixed signals still affecting the market. As we see from the Intraday chart, the market still faces a continued trading zone between support 3260-70 and resistance 3330-35. Above 3335,…
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The Dow still holds trades below the resistance of 40915 which keeps the chance for another drop wave toward the 37500-800 zone. Above 40915 more advance toward 41400 and 42500 could hit the market. SUPPORT RESISTANCE…
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Crude Oil hit a high around 64.80 last week as prices still hold below 65.10. As we see on the Intraday chart, the market faces a chance for a  trading zone between support 61.50 and resistance 65.10. Prices printed a low around 61.72…
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GBPUSD(Sterling) sliding lower GBPUSD(Sterling) fell lower as the dollar regained some momentum after continued weakness in recent sessions. The pair has held well following its slide below 1.3300, with 1.3230 established as a solid…
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UKOIL prices rebounding from multi-month lows UKOIL prices remain bullish as investors weigh up the potential OPEC+ output hikes and positive US-China trade talk developments. The black gold had been under increased pressure for the…
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As we advised yesterday and as we see over our previous chart Dow managed to met targets 39200-300 and 40100 as we advised few days ago As we see over the chart, market still under drop pressure wave as long as market keep holding…
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