Technical Analysis

Dow Jones(US30) testing resistance The Dow Jones(US30) awaits further confirmation from the White House if rigorous tariffs will be imposed. The recent rebound gained traction above 40000 after falling towards 39100 in the past…
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Crude WTI (USOIL) hitting resistance Crude WTI (USOIL) falls into a consolidation after jumping over $5 in value. After hitting a high towards 62.50 in previous sessions, economists were sure that $65 a barrel would be hit in the next…
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The Dow managed to add more advance on the market gap today. As we see over the chart prices face resistance around 40915, where as long as the market keeps holding below this resistance, the downtrend wave is still ongoing for a drop…
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Gold faces resistance around 3233 and if prices hold below it, a correction could hit the market with supports at 3210 and 3187-92. One of those supports could push again for another rebound toward the 3220-30 zone. Below 3180 more of a…
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Crude Oil is facing resistance around 63.60-65.10 which prices tested last week before dropping towards 54.90. As long as this resistance zone 63.60-65.10 holds, the bearish wave could sustain toward the 50.00-50 zone. Above 65.10…
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USDJPY tested the first resistance around 144.15 and pushed for another drop. If the market holds below the resistance zone of 144.15-145.15, more of a drop will be expected with supports at 139.55 and 137.25, where one of those supports…
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GBPUSD closed from the resistance of 1.3265 and if prices hold below it, a drop toward 1.2560-1.2600 is still valid. Above 1.3265 more advance will be expected with the second resistance at 1.3435 could push for a drop toward 1.2850.…
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The Euro is still holding inside the trading zone between support 1.1240 and resistance 1.1485-95, while the market still trades inside an overbought zone. As long as the market keeps holding below 1.1485-95, a correction could hit the…
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NAS100 remains choppy The NAS100 (Nasdaq) pulled back slightly after last week's historical gains, which saw over 3000 points added to the index value. On the chart, a decisive break above 18800 would hint at another push higher in the…
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