Technical Analysis

(DAX) GER40 remains choppy The (DAX) GER40 looks to get back on track after finding some firm support. A sharp fall below 24400, following a lengthy consolidation, is a sign of selling pressure by short-term bulls. The RSI is…
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The Dow managed to hit the target of 45100. As we see over the Intraday chart, prices still hold above the first support at 44600, and the advance wave could sustain toward 45500 and above. Below 44600 more of a drop is…
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Gold managed to meet the target of 3331-38 while breaking below it to hit the second target of 3310. As we see over the chart the market is facing resistance around 3335-45, where as long as prices hold below it, more of a drop…
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Crude Oil still holding our expected trading zone between support 63.70 and resistance 68.00 in the last few weeks This trading zone may sustain while bigger rebound movement toward 72.15 and above still expected Below 63.70…
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USDJPY managed to hold above the support of 145.70 which pushed for a rebound towards 147.20-90. As we see over the chart prices face support around 147.50 which could keep the advance wave ongoing toward 149.20 and 152.00.…
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GBPUSD managed to hit below 1.3370 yesterday which could push the market for a further drop. As we see over the chart prices are facing resistance around 1.3410-50. If the market holds below it, more of a drop toward 1.3250 and…
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The Euro moved below the 1.1550 support which could push for a further drop to test 1.1400-50 which in turn could activate another advance. Intraday resistance level is at 1.1600. Above 1.1600 more advance toward 1.1750 is…
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(S&P 500) SPX keeps on giving The(S&P 500) SPX continues to push higher as stocks rise. A close above 6300 supported the bullish trajectory, as there seems to be no signs of exhaustion. A retracement could begin if short-term…
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(WTI)USOIL tests key resistance (WTI)USOIL capitalises on the summer season, as increased demand is expected to lead to higher prices. A bounce off the critical floor of 65.00 indicates that the buy side has not given up yet. The…
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