Technical Analysis

NAS 100(Nasdaq) retraces to fresh low The NAS 100(Nasdaq) hit a fresh low as the sell-off in the stock market continues. Equities, in general, were unable to shake a multi-week market rout under the weight of new tariff threats from…
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EURUSD hits resistance The dollar (USD) pulled back from the recent rally as prices hit resistance. On the chart, a bounce away from the 1.0900 level suggests that a correction is due after a long bullish rally. The pair has moved over…
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The Dow tested 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 toward 42100-300…
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Gold added more advance above 2930. As we see over the chart the market is facing a trading zone between 2905-15 and resistance 2950-55. Above 2955 more advance toward 2980 is likely. Below 2905 more of a drop toward 2880 and 2860…
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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…
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USDJPY managed to print a high around 149.18 yesterday before the market dropped again. If prices hold below 149.30-50, the downtrend pressure will continue with support around 145.90. Below 145.90 more of a drop toward 143.40 is…
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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…
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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…
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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…
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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…
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