Technical Analysis

( UK100 )FTSE grinding higher The ( UK100 )FTSE continued its comeback as progressive bullish waves moved towards 9300. A close above 9175 is another milestone in the week long rebound, signalling an intense lingering bullish pressure…
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The Dow managed yesterday to break below the 45100 support, which could push prices further down. As we see from the Intraday chart, prices face a resistance zone around 45320-70, where as long as the market remains below it, a…
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Gold managed to meet the second target of 3575 which in turn pushed for a fast correction towards the support zone of 3508-18. As we see over the Intraday chart, we expect another test for the resistance of 3575 l, which could push for…
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Crude Oil dropped before testing the resistance at 66.15. As we see over the chart, the market remained pressured back towards 59.50. As we see over the Intraday chart, as long as the market holds below 65.00-20, this drop swing scenario…
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USDJPY managed to hold above the support trend of 146.50-70 which was tested several times with a rebound towards 149.12 so far. Below 146.50 more of a drop to re-test the old support at 145.70 which in turn could activate…
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GBPUSD hit a rebound and is now testing the resistance zone of 1.3430-50. As we see over the chart, if prices remain below 1.3450, more of a drop towards 1.3200-20 is still expected. Above 1.3450 more advance towards the 1.3535-45…
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The Euro dropped to the resistance zone of 1.1720-40 as the market closed to the support trend of 1.1575-1.1600. As we see from our previous chart, the Euro still holds a trading zone in a triangle pattern. Below 1.1575 more of…
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(US30) Dow Jones tests resistance The (US30) Dow Jones remains steady as investors brace for the latest NFP number. The move towards a potential record high was rejected as prices failed to clear the cluster of resistance around 45600.…
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The Dow managed yesterday to break below the 45100 support, which could push prices further down. As we see from the Intraday chart, prices face a resistance zone around 45320-70, where as long as the market remains below it, a…
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