Technical Analysis

USDJPY managed after fell below 149.50 to sustain drop toward target 147.60 and below As we see over the Daily Chart, market facing support trend around 143.50-90 while resistance laying around 146.50-70 which may creat trading zone…
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GBPUSD also managed to add more advnace and met target 1.3050 and above As we see over the Daily chart market facing resistances around 1.3205 and 1.3435 which may creat trading zone toward 1.2860-80 support zone Above 13435 more…
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Euro managed to sustain advance after US trade war begun where managed to met targets 1.1000 and 1.1085 As we see over the Daily Chart, market facing resistance zone around 1.1210-75 where as long as market holding trades below it a drop…
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UKOIL(Brent crude) sinking lower UKOIL(Brent crude) resumed the downward trend as prices continued to be weighed down by pressure from OPEC and global trade concerns. Producers agreed to boost output well above the expected amount.…
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USDCAD collapses lower The greenback(USD) slipped further into the red as the market sell-off continued. Overall sentiment remains downbeat as whispers of a recession in America could become a reality. A break below 1.4000 will catch…
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The Kiwi (NZDUSD) drops at double top Much like the Aussie, the Kiwi (NZDUSD)i has seen gains confirmed with 60 pip move higher. A close above the recent consolidation zone, around 0.5740, has forced sellers to cover their positions,…
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S&P (SPX500) bounces back The S&P (SPX500) jumped higher as buyers looked to stop the sell-off in the index market. With stocks having their worst quarter in years due to the tariff chaos, a move above 5500 has lifted sentiment.…
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DAX(GER40) hits another low The DAX(GER40) topped another downward turn as the index ran into negative territory following potential tariffs from the US. With a bearish divergence underway, prices saw a slight dip away from 22500.…
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S&P 500 index  turns lower The S&P 500 index  fell as traders worried that the recent tariffs could sink stock prices. The index is at a crossroads on the chart as prices hit the 5700 area again. A failure to lift bids to 5800…
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XAU/USD looking for another record As the dollar looks for its next direction, the announcement of US auto tariffs heightened concerns over this week’s reciprocal measures. Gold traders could be fearing the worst if more buyers enter the…
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