Technical Analysis

Crude Oil Prices met the target of 63.20-50 while managing to advance further. As we see over the chart, the market is facing resistance around 64.80 where as long as prices hold below it, a chance for a correction could hit the market.…
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USDJPY fell below the support of 144.40 which caused a drop in the market toward 143.45 so far. As we see over the Intraday chart, the market could show  a support trend around the 143.00-20 zone, which as long as the market keep above it,…
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GBPUSD managed to break above resistance 1.3360 to hit the target 1.3440. As we from the chart, the market is facing a support zone around 1.3315-30, where as long as prices keep holding above it, the advance wave could expand towards…
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Euro broke above the resistance of 1.1290 and managed to print a high around 1.1350. As we see over the chart, the market is still targeting the 1.1380 resistance zone with support at 1.1265. Below 1.1265 more of a drop could hit the…
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The Dow(US30) continues choppy upturn The Dow(US30) shrugged off the latest credit downgrade to end another positive session. A move above the recent high of 42500 has put bears under pressure, and with layers of support underneath,…
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USOIL (WTI OIL) feeling the pressure USOIL (WTI OIL) fell over 1% again as geopolitical tensions continued to simmer. The price has given up some of its monthly gains, and the bearish bias could attract more selling interest. A drop…
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Gold managed to hit the target zone of 3230-60 again today. As we see over the chart and as long as the market holds below the resistance of 3230-60, another drop swing toward the 3120-50 support zone has a chance. Above 3260 more…
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The Dow managed to meet the target of 42560 with a strong chance still ongoing toward the second target of 42835. As we see over the chart and as long as the market holds Intraday trades above 42100-200, the advance could push toward the…
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