Technical Analysis

GBPUSD (Cable) remains bullish GBPUSD (Cable) continues to grind higher after shaking off the recent sell-off from the beginning of the month. The latest move has met bids after bouncing off the latest support at 1.3480. 1.3550 is the…
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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. As we see over the chart, the market faces Intraday support around 44500-600, where as long as prices hold…
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Gold managed to meet the target of 3415-17 yesterday. As we see over the Intraday chart, prices face the first support around 3415-20 which could keep the momentum toward an advance with resistance at 3450-52. Below 3415 more of a drop is…
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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 63.70 more…
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USDJPY managed to fall below the support of 146.90 which could push for a further drop as the market still faces a 145.70 support. As we see over the chart, a chance for rebound and trading zone can hold the market between support 145.70…
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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 ongoing.…
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The Euro managed to met target at 1.1760-65 today. As we see over the Intraday chart, the market is still holding an uptrend wave while prices face the first support around the 1.1600-15 zone, which could maintain the advance toward 1.1830…
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(Dow Jones) US30 hitting lower highs The (Dow Jones) US30 saw two attempts to reach a fresh high falter as price action moves away from the 45000 level. After a brief sideways pattern, traders are now looking for the next signals from…
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Gold met the target of 3375-80 again and managed to break above it yesterday. As we see from the Intraday chart, prices face support around 3375-80, where as long as the market holds above it, more advance toward 3415 will be expected…
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