Technical Analysis

USDCAD regains focus The CAD (Canadian dollar) continues to take advantage of the weakness in the greenback as prices grind lower. On the chart, the pair is currently hitting firm support just above the 1.3800 level. Prices are now…
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Australian Dollar (AUDUSD) resumes the uptrend The Australian Dollar (AUDUSD) continues its advance after jumping over 300 pips from the start of April. President Trump removed key technology products from his reciprocal tariffs,…
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Haven gold (XAUUSD) bulls rush in Haven gold peaked again as ongoing worries of further global tensions escalated. Following a brief consolidation, a pop above the psychological level of 3300 started a new round of rallies. As…
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Dax (GER 40) continues the recovery The Dax (GER 40) made more gains since the early April sell-off as the index kept on pushing higher. The break above 21000 suggests that bulls maintain control of the price action. The psychological…
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the Dow managed to hold trades below the resistance of 40915 and also fell toward 39985 so far today. As we see over the chart and as long as the market holds below 40915, the downtrend wave will be ongoing for a drop toward 37400-500 and…
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Gold managed to break above the resistance of 3233 and advanced toward the target of 3260-65 and activated an advance rally toward 3317 so far. As we see over the chart and as long as the market holds  above the first support of 3285 the…
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As we see over the chart, Crude Oil is facing resistance around 63.60-65.10 where the market managed to test early this week before moving towards the 54.90 levels. As long as this resistance zone 63.60-65.10 holds, the drop wave could…
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USDJPY managed to test the first resistance around 144.15 which managed so far to push the market for another drop. As long as the market holds below this resistance zone 144.15-145.15, more of a drop will be expected with supports at…
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The Euro is holding inside the trading zone between support 1.1240 and resistance 1.1485-95 while the market managed yesterday to hit a 1.1264 low. As long as the market holds above 1.1240 a chance for an advance to break above 1.1495 and…
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GBPUSD tested the resistance zone 1.3265 today which could push for another drop correction. Above 1.3305 the market could add more advance with the second resistance of 1.3435 could push for a drop with prices. Above 1.3435 more advance…
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