Technical Analysis

Gold hit the target of 3385 again yesterday while prices managed today to drop further. As we see over the Intraday chart, prices still face supports around 3352-53 and 3335 and one of those supports can give another chance for another…
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The Dow closed to the resistance zone of 44380-400 today, which if managed to hold below it, another drop back could hit the market toward the 43050-300 zone. Above 44400 more advance will be expected with resistances around 44750-800 and…
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Crude Oil fell below the support of 67.50 which could push for a further drop. As we see over the chart the market stilll facing the previous support at 63.70 which could create a trading zone towards 67.40. The market managed yesterday…
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USDJPY hit a rebound toward 147.87 while the market still holds below the resistance of 148.00-20. As we see over the Intraday chart, prices still hold below the resistance of 148.00-20  where as long as the market remains below it,…
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GBPUSD met the target of 1.3250 and fell lower. As we see over the chart, the market faces support around 1.3140 while resistance at 1.3385 could create a trading zone. Above 1.3385 more advance willl be expected with resistance around…
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The Euro managed to find support around 1.1390 on the edge of the uptrend line while the advance wave is still ongoing. As we see over the chart, the market is facing support around 1.1390 as resistance around 1.1720 which could push for a…
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(GER 40) DAX clawing back gains The (GER 40) DAX continues to grind higher after the recent sell-off saw prices test the lower region of 23K. The price was steadily clawing back losses and is testing the daily resistance of 24000.…
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The Dow managed to hit a rebound towards 43880 and above. As we see over the Intraday chart, the market is facing resistance around 44380-400 which if managed to hold prices below it, another drop back  could hit the market towards the…
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Gold hit a drop today as Intraday prices still see 3335 as a support. If prices hold above this level, the advance could continue toward the 3400-05 zone. Below 3335 more of a drop could hit the market with supports around 3310-15 and…
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