Technical Analysis

Gold hit the target of 5060. As we see from the Intraday chart, the market is facing resistance around 5125-35, where as long as prices hold below it, another drop will be expected as support at 5030-40 could keep the chance for…
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Crude Oil passed above 94.85 which could initiate more advance towards 101.50. As we see from the Intraday chart, the market is facing supports at 91.95 and 89.05 which could keep the advance wave going towards 101.50 and above.…
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As we see over the chart, the market is facing a grey zone at 158.00-159.45 which is considered as a resistance zone, which could maintain the risk for another drop wave towards 155.30-50 and 152.00-50. Above 159.45 more advance…
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The pair managed to retreat from the resistance 1.3480 as the target is still towards the support of 1.3250-70. Below 1.3250 more of a drop could be available with support at 1.3000. Above 1.3480 more advance will be expected…
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The Euro managed to retreat from the resistance of 1.1655 whilst closing from the support at 1.1500 which could push for a rebound. As we see from the chart and if prices hold below the said resistance, the pressure will still…
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( UK 100 )the FTSE bounces off resistance ( UK 100 )the FTSE dropped almost 100 points amid lingering doubts about a global sell-off as the Middle East conflict rages on. A fall below the previous high of 10640 suggests that the…
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The Dow dropped as investors start to see how far is US President view is away from reality. Prices managed to meet the first target at 47000 as more of a drop could hit the market, depending on the Oil price behaviour. As long as the…
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Gold met the target zone of 5117-40. As we see over the chart, the market could have the chance for a trading zone between support 5117 and resistance 5175. Below 5117 more of a drop toward 5060 could hit the market. Above 5175 more…
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Oil prices rallied after an attack on tankers in Iraqi waters highlighted the threat to energy infrastructure and stoked concerns of an escalating conflict in the Middle East. Prices managed to hit the target of 94.50. As we see over the…
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As we see over the chart, the market is facing a grey zone at 158.00-159.45 which is considered as a resistance zone, which could maintain the risk for another drop wave towards 155.30-50 and 152.00-50. Above 159.45 more advance could hit…
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