Technical Analysis

The Euro met the target of 1.1590 as projected a few days ago. As we see over the Intraday chart, the market is now testing the support zone of 1.1550-90 and could support the market for another rebound toward 1.1720. Below…
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(XAGUSD) Silver takes a step back (XAGUSD) Silver took a breather after the latest surge saw a test at the 39.00. With a firm rejection confirmed in this area, buyers will look for the next signal as the RSI opens a slight bearish…
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(NSDQ) Nasdaq attempting a fight back The (NSDQ) Nasdaq continues its daily grind after seeing prices edge higher. The tech-heavy index touched 23000 in recent trading as big tech stocks got hit. A subsequent drop below 22600 could…
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The Dow managed to met the targets of 45100 and 45500 last Friday. As we see over the Intraday chart, prices face a base support at 44570-670, where as long as the market holds trades above the said support, another advance…
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Gold managed to hit a fast advance last Friday to test the resistance of 3375. As we see over the Intraday chart, the market is still facing resistances around 3375-78 and 3387-90. One of those resistances could activate a drop…
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Crude Oil managed to resume rebound where now is closing again from resistance zone 64.40-60 As long as market holding trades below this zone 64.40-60 another drop movement may hit the market where below 62.50 more drop will be expected…
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USDJPY held above the support trend at 146.50-70 which could push again for another advance as the target is still towards 149.15. Below 146.50, more of a drop to re-test the old support of 145.70 is likely, which in turn could…
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GBPUSD hit the target and support of 1.3360-90 and managed to hit a rebound towards 1.3545 last Friday. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will…
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The Euro managed to met the target of 1.1675-90 last Friday. As we see over the Intraday chart, prices face a resistance trend around 1.1740 which could push again for another drop toward 1.1590. The first support is at…
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(UK100)FTSE hits a fresh peak Global equities continued to push higher as tech stocks look to extend their rally. The (UK100)FTSE moved towards a fresh high after clearing and advancing away from the 9200 level. A combination of…
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