Technical Analysis

USDJPY held above the support trend at 146.50-70 which could push again for another advance as the target is still towards 149.15. Below 146.50, more of a drop to re-test the old support of 145.70 is likely, which in turn could…
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GBPUSD hit the target and support of 1.3360-90 and managed to hit a rebound towards 1.3545 last Friday. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will…
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The Euro managed to met the target of 1.1675-90 last Friday. As we see over the Intraday chart, prices face a resistance trend around 1.1740 which could push again for another drop toward 1.1590. The first support is at…
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(UK100)FTSE hits a fresh peak Global equities continued to push higher as tech stocks look to extend their rally. The (UK100)FTSE moved towards a fresh high after clearing and advancing away from the 9200 level. A combination of…
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SPX 500 tech stocks begin to slide The S&P took a step back in recent sessions as a broad decline in tech stocks shook the market. Investors are concerned about high valuations and the outlook heading into the 3rd quarter. Last…
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The Dow hit below 44650 before the market made a fast rebound. As we see over the Intraday chart, Indicators still show strength if prices remain  above the support of 44300-500 with targets still toward 45100 and 45500. Below 44300 more…
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Gold is still holding a trading zone while today Federal Reserve Chair Jerome Powell’s speech could shake things up. As we see over the Intraday chart and as long as market holds below 3358, the chance for a drop to test the 3282 support…
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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…
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As we see over the Intraday chart, USDJPY managed to hit another rebound which could push the market for a  further advance. As we see Intraday support at 147.95, if prices remain above it, the advance movement could sustain…
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GBPUSD managed to met target of 1.3585 and dropped towards the 1.3360-90 support. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will be expected. Above 1.3605 the…
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