Technical Analysis

( WTI ) USOIL claws back losses ( WTI ) USOIL recouped losses after the recent upswing, which saw price action jump higher. A brief fall below 62.00 earlier this month has allowed some long positions to close in profit, shaking out…
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(silver) XAGUSD tests major resistance Precious metals have seen a surge in the past month as traders flocked to the safe havens. (silver) XAGUSD has fallen back slightly after hitting the psychological level of 43.00, and this could…
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The Dow managed last week to break above the resistance of 45700-50 whilst managing to meet the first target at 46000. As we see over the chart and if prices hold above the support of 45500-700, another advance toward 46300 and…
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Gold held above the support of 3613-20 and managed to advance towards the target at 3675-80, and closed from the second target of 3710. As we see over the chart, prices face supports around 3674 and 3651-56, where one of those…
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Crude Oil held below the resistance of 64.30-60 while the downtrend pressure is still on the market. As long as the market holds below this resistance, then the downtrend pressure could sustain towards the 59.50 target.…
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GBPUSD hit 1.3590 again and managed to break above it, which set the course towards a second target of 1.3745-75. As we see over the chart, prices face support around 1.3575-95, where as long as the market holds above it, more…
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The Euro sustained its advance to meet the target of 1.1830. As we see over the chart, the market is facing supports around 1.1770 and 1.1700, where one of those supports could keep the advance wave ongoing towards 1.2000-20.…
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USDJPY is still holding our expected trading zone between support 145.70 and resistance 149.15, while managing again for another drop and closing from support 145.70. This trading zone is still valid, and if the market holds…
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