Technical Analysis

The Euro printed a low around 1.1576 yesterday, while the market still holds above the support at 1.1545, giving the chance for another rebound. Prices still face support at 1.1545, whilst the resistance zone at 1.1725-75 could create a…
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EURJPY stuck in consolidation The Euro remains indecisive as prices consolidate for most of this month. On the chart, the pair seems a bit stuck after bouncing above 176.00, and the directional bias will remain to the upside if the quote…
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Gold resumed the free fall on early Asia trades today before rebounding quickly. As we see over the chart, the market could hold some kind of trading zone between resistance 4150 and support 4080, before resuming the advance to test the…
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The Dow managed to print few points above the resistance of 47100, which could lead to a further advance. As we see from the Intraday chart, the market is facing support around the 46500-600 zone, where if prices hold above it, more…
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Crude Oil broke above the resistance at 57.60 which could push for an advance. As we see over the Intraday chart, the market is facing a support zone at 56.70-90. If prices remain above the mentioned support zone, more advance toward…
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GBPUSD managed to print above the resistance of 1.3320-60 last Friday, which placed mix signals over the upcoming projection. As we see over the Intraday chart, the market looks towards a trading zone between support 1.3320 and…
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USDJPY moved above the resistance/support of 151.40 which could push for another advance. As we see from the Intraday chart, the market is facing a support zone at 151.05-40, where if prices hold above it, more advance toward 152.60 and…
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The Euro fell below the support of 1.1610 which could create some more pressure over the market. Prices still face support at 1.1545, whilst the resistance zone at 1.1725-75 could create a trading zone while awaiting more signals.…
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EURUSD breaks lower The euro tumbled as the dollar gained some ground over its competitors. After a short-lived grind over 1.1700, a bearish breakout has seriously dented the bullish bias from the daily chart’s perspective. The next…
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