Technical Analysis

GBPUSD managed to also sustain an advance toward targets 1.2725 and 1.2810. The Pound is still holding an advance wave while Intraday levels show supports around 1.2860 and 1.2680-1.2715, which could keep the wave ongoing toward 1.3050…
Read More

The Euro managed to meet the target of 1.0930-50 while dropping toward 1.0875 so far. As we see over the Intraday chart and if prices remain below the1.0930-50 resistance, a correction could hit the market towards 1.0740-65. Above…
Read More

Recession Fears Mount as Indices Sink Lower! Progressive CPI data did little to lift the spirits of Wall Street as the Dow remains under pressure. With stocks sinking lower, is a recession around the corner? Timestamps DOW 00:30…
Read More

Dow Jones (US 30)feeling the pressure The Dow Jones (US 30) slid further as Donald Trump's trade war escalated. The support found at 41200 could suggest the tide is turning, and a move above the recent swing high of 41750 could test…
Read More

The Dow yesterday tested the edge of the support zone at 41100-80 which managed to push for some rebound correction. As we see over the chart and if prices remain above the support 41100-80, the rebound could have a chance for an advance…
Read More

Gold hit the target of 2880 and managed to rebound toward 2920-30 again. As we see from the new Intraday chart, prices still face resistance at 2920-30 which could push for another drop wave toward 2860 this time. Above 2930 more…
Read More

Crude Oil remained above the support of 64.75 and managed to rebound toward the first target of 66.65 so far. As we see from the chart and as long as the market keeps holding above 64.75, a chance for a further rebound toward 68.25 is…
Read More

As the market managed to hold above the 149.90 support zone, an advance wave could hit the market at any time. As we see over the Intraday chart, prices face resistance around 149.30-5, which if the market manages to test, could lead for…
Read More

GBPUSD managed to also to sustain an  advance toward targets 1.2725 and 1.2810 As we see over the chart, the market is facing support around 1.2680-1.2715 which could keep the advance wave ongoing toward the 1.3000-50 zone. Below…
Read More

The Euro managed to meet the target of 1.0930-50 yesterday. As we see over the Intraday chart and if prices remain below the1.0930-50 resistance, a correction could hit the market towards 1.0740-65. Above 1.0950 a chance for further…
Read More