Technical Analysis

Gold managed early today to hit 3245 while the market managed to push for a rebound correction toward 3296. As we see over the Intraday chart, prices still face resistance around 3301, where as long as the market holds below it, the…
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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 holds above…
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USDJPY managed to hit below the support of 144.30 which could push for more of a drop to test the support trend at 143.30-40, which in turn could push for a rebound with resistances around 144.95 and 145.70-90. Below 143.30 more of a drop…
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GBPUSD advanced and tested the resistance of 1.3745 last week. As we see over the chart this resistance zone of 1.3745-75 could push for some correction movement within the trading zone area towards 1.3370. Above 1.3775 the market could…
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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 1.1650-60, where as long…
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The S&P(S&P 500) ignoring the crisis The S&P(S&P 500) pushed to another fresh high as tech stocks continue to propel the market. It appears that investors have brushed aside lingering geopolitical concerns and pinned…
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(FTSE) UK100 finds support The (FTSE) UK100 saw another dip towards the 8700 level, but prices bounced slightly higher. A bullish reversal would prompt sellers to cover, easing the downward pressure and paving the way for a recovery to…
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The Dow managed to break above the resistance of 43300 which could now push for a further advance toward resistances 44035 and 44550-90. Intraday levels show the first support at 43100 and the second support at 42700-800. If prices hold…
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Gold held below the second resistance of 3355 and managed to drop towards 3284 and below. As we see over the chart, Intraday levels show support around 3270 with resistance around 3301 which could create a trading zone. Above 3301, a…
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USDJPY hit below the support of 144.30 yesterday which could push for a drop to test the support trend at 143.30-40, which in turn could cause a rebound with resistances around 144.95 and 145.70-90. Below 143.30 more of a drop toward…
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