Technical Analysis

The Euro moved below the 1.1550 support which could push for a further drop to test 1.1400-50 which in turn could activate another advance. Intraday resistance level is at 1.1600. Above 1.1600 more advance toward 1.1750 is…
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(S&P 500) SPX keeps on giving The(S&P 500) SPX continues to push higher as stocks rise. A close above 6300 supported the bullish trajectory, as there seems to be no signs of exhaustion. A retracement could begin if short-term…
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(WTI)USOIL tests key resistance (WTI)USOIL capitalises on the summer season, as increased demand is expected to lead to higher prices. A bounce off the critical floor of 65.00 indicates that the buy side has not given up yet. The…
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(SPX) S&P 500 hits another record high The(SPX) S&P 500 climbed to another fresh record as earnings season continues to be the gift that keeps on giving. With big tech stocks, including Microsoft and Apple, announcing their…
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The Dow managed to print above the resistance of 44650-700 which could push prices higher to advance towards a record high at 45100. Prices managed to hit a high around 45030 so far. As we see over the chart, the market faces…
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Gold dropped to close to the target and support zone of 3331-38. As we see over the chart the market is facing support at 3331-38 which could push for a rebound correction toward 3370 and above. Below 3330 more of a drop will be…
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Crude Oil still holds our expected trading zone between support 63.70 and resistance 68.00 in the last few weeks. This trading zone could sustain while a bigger rebound movement toward 72.15 and above is still expected. Below…
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USDJPY managed to hold  above the support of 145.70 which pushed for a rebound towards 147.20-90. As we see over the chart, a chance for a trading zone can hold the market between support 145.70 and resistance 147.20-90. Above…
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GBPUSD managed to hit a correction to meet the target of 1.3400. As we see over the chart, prices have started to show chances for a rebound from 1.3425, while as long as prices keep holding above 1.3370, the advance wave will be…
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