Technical Analysis

UK100 (FTSE) hitting multi-month lows The UK100 (FTSE) was another index reeling from President Trump's trade war as prices hit another fresh low. The index is looking to avoid losing further ground, as a bounce at 7600 prompted…
Read More

Dow Jones The Dow fell below 38460 yesterday and managed to sustain a drop toward targets 37680 and closed from second target of 36500. As we see over the chart, whilst the market is still trading inside the oversold zone, the…
Read More

Gold managed to hold above 2952-56 and rebounded toward the 3055 resistance. As we see from the chart and if prices hold below the 3055 resistance, another drop wave towards 3020-22 and 2955-70 will be expected. Above 3055 more…
Read More

Crude Oil hit the target of 57.20-50 today. As we see on the chart, the support zone is around 56.40-57.00, which could push for a rebound toward 61.50 and higher. Below 56.40 more of a drop will be expected toward 53.70 and 50.00-50.…
Read More

USDJPY fell below the support of 146.50 yesterday and today re-tested 144.55. As we see on the chart, the main uptrend support zone remains around 143.60-90. If prices hold above it, a rebound correction toward 148.10 could hit the…
Read More

GBPUSD managed to hold below the resistance 1.2935 and dropped toward the support of 1.2715. As we see from the chart and if prices remain below the 1.2935 resistance, more of a drop toward the 1.2560-1.2600 zone will be expected.…
Read More

The Euro held below the daily resistance of 1.1210-75 and dropped further towards 1.0880 so far since last Friday. As we see on the chart, the target remains at the 1.0750-80 zone which could push for a rebound. Below 1.0730 more of a…
Read More

US30 breaks triple top Stocks and Indices have been the most significant casualties in recent sessions, as the US30 looks to bounce back from its multi-month low. A break past the recent resistance of 38500 could suggest bulls are…
Read More

The Dow managed to swing yesterday with both targets 36600 and rebound toward target 38500-800 and above. As we see over the chart , the market is facing first Intraday support around 38460 and if prices hold above it, more advance could…
Read More

Gold met the target of 2980-90 yesterday and managed to hit a rebound correction so far toward 3015. As we see over the chart, the market is facing the first Intraday resistance around 3030, where as long as prices remain below it the…
Read More