Technical Analysis

Gold managed to break above resistance 3033-38 where managed to advance toward targets 3055-57 and 3080-85 As we see over the chart resistance zone of 3085 may push for drop correction wave Market will face support around 3057-59…
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As we see over the Intraday chart, dow facing support zone around 41840-42040 which may keep the rebound wave ongoing toward target 43000-200 Below 41840 the downtrend pressure may back to control the market where supports laying at…
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As we advised early this week and as we see over our previous chart Crude Oil managed to break above resistance 68.50 which may lead for farther advance as we advised last week First support laying at 69.00 while market managed to hit…
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As we advised few days ago and as we see over our previous chart USDJPY managed to break above resistance 150.20 which may give chance for farther advace toward 151.30 and 152.30 as we advised before As we see over the chart, market…
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Euro managed to met target 1.0740-65  while we adjusted the support level which is now around 1.0730 as we see over the chart As long as market keep holding trades above 1.0730 a rebound correction may hit the market toward 1.0860 and…
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UK 100 (FTSE) continues downtrend The UK 100 (FTSE) remains upbeat while grinding along the current support at 8600, a sign that bulls are still eager to stay in the market. Even though prices are in a downtrend, a break above 8720 could…
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The Dow(US 30) attempts to bounce back The Dow(US 30) looks to hit another higher high as prices move away from the 42000 level. After the recent stock sell-off, a bounce off yearly lows prompted short-term buyers to enter the market.…
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The Dow managed to test 41420 last Friday while rebounding fast from that zone. As we see over the chart, the market is facing the first Intraday support around 42200, where as long as prices hold above it, a chance for further advance…
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