Technical Analysis

The Dow managed to meet the target of 47000 a few days ago. As we see over the chart, the market is facing support at 46400-650, which if managed to hold above it, the advance wave could return towards 48000 and 48500. Below 46400…
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Gold is still holding a small trading zone as the market is hit with mixed signals between a drop wave or obtaining a rebound. As we see over the Intraday chart, the market is facing a support zone at 3955-85, which could keep the chance…
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Crude dropped from the resistance of 62.60 and managed to break below the support of 60.00. As we see from the previous chart, prices face support around 58.50, which could lead to a rebound to re-test the 62.60 resistance. Below…
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The market managed to test the support trend around 152.90, as prices maintain a trading zone  towards the resistance of 154.30-50. Above 154.50 we will expect a further advance towards 156.70. Below 152.90 more of a drop is likely…
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GBPUSD GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see over the chart, the market is facing a resistance zone at 1.3240-90, where if the market holds below it, the downtrend…
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As we see over the previous chart, the EURUSD pair is facing resistance around 1.1585. If prices remain below, the downtrend pressure could sustain as support at 1.1390 could lead to a chance for a rebound. Above 1.1585 more…
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EURUSD breaks higher The Euro hopes to turn the bearish situation around after finally finding some support. The pair has remained under pressure after sinking towards the 1.1400 level. A limited bounce above 1.1500 will likely attract…
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The Dow managed to hit the target at 47000 two days ago. As we see over the chart, the market is facing support at 46400-650, which if managed to hold above it, the advance wave could return again towards 48000 and 48500. Below 46400…
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Gold managed to advance above 3990 which may be the first sign of further advance coming As we see over the Intraday chart, market facing support around 3985 where as long as market holding trades above it more advance to re-test…
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