Technical Analysis

Crude Oil started free falling after the US trade war began. As we see on the daily chart, prices still face pressure even though the market is trading inside an oversold zone now. If prices remain below the 65.05-50 resistance zone, more…
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USDJPY yesterday passed the 147.45 resistance which could set another advance movement. As we see over the chart and as long as the market keeps holding above the support of 146.50 the advance movement could sustain toward 150.45. Below…
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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. Above…
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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 1.0750-8 zone which could push for a rebound. Below 1.0730 more of a drop…
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GBPUSD falls from the peak The pound fell further against the Dollar(greenback) as the tariff war rumbled on. On the chart, the pair has dropped over 300 pips since hitting its peak of just under the 1.3200 level. The bearish recovery…
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The Dow met the targets of 38800 and 37500 as we projected last week. As we see over the Intraday chart, prices face the first resistance around 37760 with supports around 36680 and 36500, which could create a trading zone before…
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Gold fell below the support 3055 last Friday and met the target of 2980. As we see over the chart, the market is now facing resistance around 3055 and support around 2980-90. Above 3055 more advance will be expected with resistances…
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Crude Oil started free falling after the US trade war began. As we see on the daily chart, prices still face pressure even though the market is trading inside an oversold zone now. If prices remain below the 65.05-50 resistance zone,…
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USDJPY rebounded from 144.55 before testing the support at 143.60-90. As we see over the Intraday chart, the market still has a chance for another test to the support at 143.60-90, as long as prices keep holding below 147.45, which in…
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