Technical Analysis

Read More

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…
Read More

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…
Read More

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…
Read More

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.…
Read More

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…
Read More

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…
Read More

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…
Read More

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…
Read More