Technical Analysis

The Dow hit below 44650 before the market made a fast rebound. As we see over the Intraday chart, Indicators still show strength if prices remain  above the support of 44300-500 with targets still toward 45100 and 45500. Below 44300 more…
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Gold is still holding a trading zone while today Federal Reserve Chair Jerome Powell’s speech could shake things up. As we see over the Intraday chart and as long as market holds below 3358, the chance for a drop to test the 3282 support…
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Crude Oil managed to break below the 63.70 level which could push for a further drop. As we see over the chart, prices face resistance around 64.40 where as long as the market holds below it, more of a drop toward 59.50 could hit the…
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As we see over the Intraday chart, USDJPY managed to hit another rebound which could push the market for a  further advance. As we see Intraday support at 147.95, if prices remain above it, the advance movement could sustain…
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GBPUSD managed to met target of 1.3585 and dropped towards the 1.3360-90 support. 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 be expected. Above 1.3605 the…
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The Euro tested the support level at 1.1590 which could lead to a rebound. As we see over the Intraday chart, prices show a strong chance for another move towards the 1.1675 zone with supports at 1.1590 and 1.1500-20. Below…
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Crude oil (USOIL) finds support Crude oil (USOIL) rallied after jumping over $1 yesterday, with global tensions growing. A close above the previous swing high of 64.00 could open the door to a broader recovery by forcing short sellers to…
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Dow managed again yesterday to hit our target zone 45100 As we see over our previous chart and as we advised since last week Market still facing support 44650 where as long as market holding trades above it more advance toward 45500…
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The (Dow) US30 waiting for the next signal The (Dow) US30 took a breather as the market turned its attention to the Fed's FOMC minutes. The index is testing the previous swing high and daily resistance at 45000, a critical level to…
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As we see over the Intraday chart, the market is facing resistance around 3345. If prices hold below it, more of a drop to test the support zone at 3282 is likely, which in turn could activate another advance. Above 3345 more…
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