Technical Analysis

(GER40)DAX remains pressured The (GER40)DAX continues its bearish stance after fading further away from its August peak. A close below the previous swing low of 24100 gave more pressure to the index. This suggests that overall…
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The Dow managed to hold above the support zone at 45100-50 to push for another advance towards the first resistance zone at 45750. Prices hit another correction towards 45225, while as long as the market keeps holding above 45100-50 the…
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Gold managed to met the target of 3500 and above, to hit fast drop this morning. As we see over the Intraday chart, the advance wave is still ongoing with the support trend around 3466-70 which could keep the advance wave toward the second…
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Crude Oil managed to break above the resistance of 65.00 which could push for a further advance toward 69.00. As we see over the Intraday chart, the market is facing support around 63.60-90, where as long as the market holds above it, more…
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USDJPY managed to hold above the support trend of 146.50-70 which was tested several times with a rebound towards the 148.10 resistance. Below 146.50 more of a drop to re-test the old support at 145.70 which in turn could activate another…
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From the past two weeks GBPUSD managed to maintain a trading zone between support 1.3360-90 and resistance 1.3545-90. As we see over the chart, if prices remain above 1.3360-90 a rebound towards 1.3585 and higher will be expected. Above…
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The Euro dropped from the resistance zone of 1.1720-40 as the market closed from the support trend at 1.1575-95. As we see over the chart the Euro is still holding this trading zone in a triangle formation. Below 1.1575 more of a drop…
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( FTSE ) UK100 hitting lower lows The ( FTSE ) UK100 looks for a lift as price action hits another lower low. After flirting with multi-month highs above 9300, a fall below the daily support of 9250 confirms that bears have made their…
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The Dow managed to hold above the support zone at 45100-50 to push for another advance towards the first resistance zone at 45750. As long as the market keeps holding above 45100-50, the advance wave could sustain towards 46000…
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