Technical Analysis

Gold managed to test the support zone of 3280-95 and pushed for a rebound. As we see over the Intraday chart, prices are now testing resistance around 3330, and another drop towards 3300 could hit the market. Above 3330 more advance will…
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Crude Oil managed to hit the target of 68.00 which could push for a correction as we see over the chart. Intraday support starts from 66.50 while resistance is at 68.00. Above 68.00 more advance will be expected toward 72.10.…
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USDJPY managed to add more advance after breaking above 145.70 which is now considered a support zone. As we see over the Intraday chart, the market is facing the first support around 145.70 with resistance at 147.50-70. If prices hold…
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GBPUSD hit a drop towards 1.3525 while more of a drop is still expected to 1.3400. As we see over the chart the market resistance is at 1.3785 with support at 1.3370 which could create a trading zone. Above 1.3785 more advance toward…
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The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000. The market is still holding above the support of 1.1650-60. Below…
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(UK100) FTSE pushing higher American indices aren't the only ones benefiting from a bullish market. The (UK100) FTSE hit another high after moving over 150 points higher. 8860 is a key level to maintain the index's upward momentum, as…
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(US30) DAX fails to recapture recent high The (US30) DAX steadies as traders await more news of a jump in tech stocks. A close above the daily resistance of 44600 would help bulls regain control of the direction. A confirmation past…
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Prices hit below 44330 yesterday which could put some pressure over the market. As we see over the Intraday chart, prices face resistance around 44500-50, where as long as the market holds below it, the pressure could sustain toward…
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