Technical Analysis

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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USDJPY managed to test the support zone of 147.20-50 today with few pips below it. The market still shows a chance for another advance toward 148.50. Above 148.50 more advance will be expected with resistances at 149.15 and…
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GBPUSD managed to met target of 1.3585 and dropped toward 1.3500 so far. As we see over the Intraday chart, prices face resistance around 1.3600 which could push for a correction. The support zone at 1.3360-90 could activate…
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EURUSD As we see over the Intraday chart, the Euro seems to be building a trading zone between support 1.1590 and resistance 1.1690. Above 1.1690 the market could gain strength for an advance towards 1.1830. Below 1.1590 more…
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(GER 40)Dax holding on The (GER 40)Dax remains choppy as the Eurozone awaits the next interest rate decision. A sharp fall away from 24500 is a sign of inconsistency by short-term buyers. The RSI has recovered into neutral territory as…
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As we see over our previous chart, Gold is still facing pressure as the market remains below the resistance of 3358. The market is facing support around 3310-15 and could support prices for another advance to break above 3358 and to head…
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The Dow managed to sustain  an advance towards 45100 and above. As we see over the chart the market is still facing support at 44650, and if prices remain above it, more advance toward 45500 will be expected. Below 44650 more of a drop is…
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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…
Read More

GBPUSD managed to met target of 1.3585 and dropped toward 1.3500 so far. As we see over the Intraday chart, prices face resistance around 1.3600 which could push for a correction. The support zone at 1.3360-90 could activate again another…
Read More