Technical Analysis

USDJPY dropped to test the support at 147.50. As we see over the chart and as long as the market holds above 147.00-50, a rebound correction toward 149.15 or 150.45 could hit the market. Below 147.00 more of a drop will be…
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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…
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The (FTSE) UK100 continues chopping grind The (FTSE) UK100, along with most global equities, found relief in sustained signs of trade deals. The index remains heightened after the brief sell-off came to a rest near the recent low of…
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(Nasdaq)NAS 100 another day, another record The (Nasdaq)NAS 100 is the gift that keeps on giving as the tech-heavy index enjoys another bull run thanks to stocks such as Microsoft and Meta. The strength in chip stocks is pushing…
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(USOIL)WTI takes a breather (USOIL)WTI looks to shake off the recent pullback after dipping below 70.00. A close above the previous swing high of 70.50 could open the door to a broader recovery in the medium-term by forcing sellers to…
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(US 30) Dow tests daily support The (US 30) Dow holds steady as the market digests the recent Fed announcement. The recent spikes in price action suggest the index is testing the previous swing low at 44600, a significant level to keep…
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The Dow managed to hit the target of 44600. The market faces support around 44400-50 which could push for another rebound toward 44900-50. Below 44400 more of a drop will be expected with supports around 44200 and 43870. …
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Gold managed to meet the target of 3331-38 while breaking below it to hit the second target of 3310. As we see over the chart the market is facing resistance around 3335-45, where as long as prices hold below it, more of a drop will be…
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USDJPY managed to hold above the support of 145.70 which pushed for a rebound towards 147.20-90. As we see over the chart prices face support around 147.50 which could keep the advance wave ongoing toward 149.20 and 152.00. Below 147.50…
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