Technical Analysis

GBPUSD managed to met target of 1.3585 and dropped towards the 1.3360-90 support. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will be expected. Above 1.3605 the…
Read More

The Euro tested the support level at 1.1590 which could lead to a rebound. As we see over the Intraday chart, prices show a strong chance for another move towards the 1.1675 zone with supports at 1.1590 and 1.1500-20. Below…
Read More

Crude oil (USOIL) finds support Crude oil (USOIL) rallied after jumping over $1 yesterday, with global tensions growing. A close above the previous swing high of 64.00 could open the door to a broader recovery by forcing short sellers to…
Read More

Dow managed again yesterday to hit our target zone 45100 As we see over our previous chart and as we advised since last week Market still facing support 44650 where as long as market holding trades above it more advance toward 45500…
Read More

The (Dow) US30 waiting for the next signal The (Dow) US30 took a breather as the market turned its attention to the Fed's FOMC minutes. The index is testing the previous swing high and daily resistance at 45000, a critical level to…
Read More

As we see over the Intraday chart, the market is facing resistance around 3345. If prices hold below it, more of a drop to test the support zone at 3282 is likely, which in turn could activate another advance. Above 3345 more…
Read More

Crude Oil managed to break below the 63.70 level which could push for a further drop. As we see over the chart, prices face resistance around 64.40 where as long as the market holds below it, more of a drop toward 59.50 could hit the…
Read More

USDJPY managed to test the support zone of 147.20-50 today with few pips below it. The market still shows a chance for another advance toward 148.50. Above 148.50 more advance will be expected with resistances at 149.15 and…
Read More

GBPUSD managed to met target of 1.3585 and dropped toward 1.3500 so far. As we see over the Intraday chart, prices face resistance around 1.3600 which could push for a correction. The support zone at 1.3360-90 could activate…
Read More

EURUSD As we see over the Intraday chart, the Euro seems to be building a trading zone between support 1.1590 and resistance 1.1690. Above 1.1690 the market could gain strength for an advance towards 1.1830. Below 1.1590 more…
Read More