Technical Analysis

Gold is under pressure with a resistance zone at around 3033-38 which still intact so far. As long as the market holds below this level more of a drop toward 2980-85 is still expected. Above 3038 more advance could hit the market with…
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Crude Oil managed to break above the resistance 68.50 which could lead for an advance. As we see over the chart, the market is facing support around 67.60 where as long as prices hold above it an advance movement toward 70.20-40 will be…
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USDJPY broke above the resistance of 150.20 which could give a chance for an advance toward 151.30 and 152.30. As we see over the chart, prices now face support around 149.40-50, where as long as the market holds it, the advance could…
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GBPUSD fell below the 1.2940 support which could lead to a further drop. As we see on the chart, prices are facing resistance around 1.2980 and if the market holds below it, more of a drop toward 1.2860 could hit the market. The Pound…
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The Euro managed to meet the target of 1.0930-50 several times as we still hold our previous outlook. As we see over the Intraday chart and if prices remain below the 1.0950 resistance, a correction could hit the market towards…
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Silver (XAGUSD) avoids breaking support Silver (XAGUSD) managed to stop the drop as prices recaptured the 33.00 level. The next stop is breaking through the daily resistance of 33.50, which could keep the bullish run on precious…
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Nasdaq(NAS 100) halts the slide The Nasdaq(NAS 100) moved further away from its multi-month low as buyers showed their support for the index. A break above 19500 has attracted more buying interest, with the RSI pushing higher. 20000 is…
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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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As we see over the Intraday chart, Gold faces a drop with resistance at around 3033-38 zone. As long as the market holds below this level more of a drop toward 2980-85 is still expected. Above 3038 more advance could hit the market with…
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