Technical Analysis

The Dow managed to hold below the resistance of 44650-700 so far and hit the first drop movement toward 44200. As we see over the Intraday chart, if prices remain below the 44650-700 resistance, another drop swing could hit the market…
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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…
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USDJPY managed to hold so far above the support at 146.90, which could give a chance for a further march toward 150.45. Below 146.90 more of a drop could hit the market with support at 145.70 could keep the chance for another advance.…
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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…
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The Euro printed a 1.1557 low last week as prices remain above the support trend of 1.1535-50. If prices hold above 1.1535-50, the advance wave still has a chance for another push higher. The market managed to advance toward 1.1715 so…
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Global markets are watching trade negotiations with a certain amount of trepidation. Risk appetite has shifted towards safety, as the failure to reach trade deals is seen as likely to harm economic growth. This is particularly concerning…
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(FTSE)UK100 pushing for another peak The (FTSE)UK100 ignored the recent sell-off as price action made another move higher. A push above the previous swing high of 9000 has put the bulls on the attack, regaining most of the losses from…
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(Nas 100) Nasdaq another day, another record The (Nas 100) Nasdaq hit another milestone as the bull rally continues. The index encountered more buying interest as tech stocks continued to dominate. Profit-taking could drive the price…
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GBPUSD drops from multi-year highs Cable bounced away from its recent double top as the Fed hints at holding rates unchanged for longer. The recent spike in inflation has not helped the pound, as the economy continues to struggle with…
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