Technical Analysis

The Euro managed yesterday and today to test the support at 1.1680, which if managed to hold, the market could advance swing toward 1.1830 and above. Below 1.1680 a risk for more of a drop could hit the market with supports at 1.1575 and…
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( GER40 )DAX finds support The( GER40 )DAX inches higher thanks to cooling inflation across the eurozone. A rally above 23500 is a sign that the bullish mood is still intact. 24000 is the next high as trend followers are likely to hold…
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(Nasdaq) Nas100 looking for a fresh record Stock continued to climb as the (Nasdaq) Nas100 rallied over the past week. From the recent selloff, the index is looking to make a full recovery after breaking through the 23500 barrier. A…
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Gold advanced toward the first target at 3640-45 while the advance toward the second target at 3675-80 is still valid with some caution. As we see over the Intraday chart and as long as the market holds  below 3660, a chance for a…
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The Dow tested the resistance trend at 45700-50 last Friday before hitting a correction towards the 45200 zone. As long as the market keeps holding below the resistance trend of 45700-50, another drop will be expected with support at 44570…
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USDJPY fell below the support of 146.50-70 as the market is still facing the old support of 145.70, which is still holding the chance for another rebound. Intraday levels show resistances around 147.35 and 147.85 which could maintain the…
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Crude Oil managed to meet the target of 61.50 last Friday. As we see over the Intraday chart, prices face resistances around 63.50 and 65.00-80, where as long as the market holds below one of those resistances another drop swing toward…
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GBPUSD re-tested the 1.3590 resistance which if managed to hold, a correction could hit the market with support around 1.3480, which in turn could activate an advance. Above 1.3590 more advance toward 1.3745-75 will be expected. Below…
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The Euro moved above the resistance of 1.1720-40 which could cause a further advance toward targets 1.1830 and 1.2000. As we see over the previous Intraday chart, the market is facing support around 1.1680. If prices hold above it, more…
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