Technical Analysis

The Euro met the target and support at 1.1140-60 and managed to break below it earlier today. As we see over the chart, price face support around 1.1030 which could push for a rebound with resistances at 1.1195 and 1.1265-90. Below…
Read More

WTI crude(USOIL) attempts to rebound WTI crude(USOIL) continues its choppy move higher as prices remain pressured after geopolitical tensions still linger. From the chart's perspective, the current move added over $5 to the value but…
Read More

Gold managed yesterday to meet the targets 3350 and 3305 and fell lower. As we see over the chart and as long as the market holds below the resistance of 3360-70, another drop wave toward 3260-70 will be expected. Above 3370 the market…
Read More

The Dow managed to break above the resistance 41100-200 last Friday. As we see over the chart the market is facing Intraday supports around 40850 and 40600-50. If prices remain above one of those supports, the advance wave could expand…
Read More

Crude Oil broke above 60.25 today which could set a further advance. As we see over the chart and as long as the market holds above 59.50-90, an advance movement toward targets 61.50 and 63.50 will be expected. Below 59.50 more of a drop…
Read More

USDJPY managed to met targets 145.10 and 145.90 and above. As we see over the Intraday chart, market facing a possible trading zone between support 144.40 and resistance 146.60-85. Above 146.85 more advance could hit the market with the…
Read More

The pound held inside our expected trading zone so far and managed today to test the support zone and target of 1.3200-20. This trading zone could control the market between support 1.3200-20 and resistance 1.3435. Above 1.3435 more…
Read More

The Euro managed to break below 1.1245 yesterday and now could push for a further drop to test the support zone of 1.1140-60 with resistance around 1.1265-80. Below 1.1140 the market could head for a drop toward 1.0950. Above 1.1280 more…
Read More

USDCAD (Canadian dollar) finding support The USDCAD (Canadian dollar) lost a bit more ground to its neighbour as last week’s Fed decision kept the greenback elevated. Fed Chair Jerome Powell set a muted tone on whether there would be…
Read More

UK100(FTSE) hits resistance The UK100(FTSE) maintained its bullish stance as prices remained above the 8500 level. The recent rally has put the index back right under this month's high after bouncing towards 8600. A continuation could…
Read More