Technical Analysis

Crude Oil hit a fast correction as result of easing tensions in the Middle East. Prices managed to hit targets 71.45, 68.00 and closed from the third support of 63.70. As we see over the chart, and as long as the market holds above 63.70,…
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GBPUSD advanced and tested the resistance zone of 1.3745 yesterday. As we see over the chart this resistance zone 1.3745-75 could push for a correction within the trading zone area toward the support 1.3370. Above 1.3775 the market could…
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The Euro hit the second target at 1.1690 and above. As we see over chart, the market is still on the uptrend wave which still looks for the third target of 1.2000. Intraday levels show the first support around 1.1650-60 where as long as…
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EURUSD and GBPUSD surged to their highest level in four years as the domination over the dollar continues. President Trump said he could announce a replacement for Fed Chair Powell as the markets remained volatile. Timestamps EURUSD…
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The S&P (SPX 500) on the comeback trail The S&P (SPX 500) inched higher towards another peak thanks to a push in technology stocks. Sentiment is still overwhelmingly upbeat as the index grinds higher to hit another record.…
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As July 9th comes closer, the trade war has become increasingly a concern for the markets. The data is the self-imposed deadline by the Trump Administration to reach trade deals before "liberation day" tariffs are reimposed. While there…
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(FTSE) UK 100 seeking support The (FTSE) UK 100 gave some rebound on the recent sell-off but now looks likely to test the recent low at 8730. The index has been hitting a lower low from the middle of June, when prices hit the first key…
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The Dow managed to break above the resistance 42450 and managed to add more advance toward 43100. As we see over the chart, the index now faces a resistance zone around 43200-300 which could push for a trading zone towards the…
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As we see over the Intraday chart, Gold still faces pressure at the target zone of3284-86, which in turn could activate a rebound. Above 3337 more advance to test the 3355-61 resistance zone which could activate a drop wave…
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