Technical Analysis

GBPUSD managed also to sustain an advance toward 1.2725 and 1.2810. As we see over the chart, the market is facing support around 1.2680-1.2715 which could keep the advance wave ongoing toward the 1.3000-50 zone. Below 1.2680 more of…
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The Euro sustained an advance without any correction over the Intraday trades and managed today to test the resistance of 1.0820. As we see over the chart and as long as the market holds below 1.0820, there is a chance for a trading zone…
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Dow jones(US 30) tests supply area The Dow jones(US 30) dropped over 600 points as traders digested the latest tariff data. On the chart, the index is looking for some retracement as price action moves back up towards 43000. A break…
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Pound(GBPUSD) fighting resistance The pound(GBPUSD)  remains buoyant as a break above the 1.2700 level has seen the pair reach multi-month highs. The pair staged a bounce away from the psychological level of 1.2500 as the recovery…
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Crude oil (WTI)under pressure Crude oil (WTI)fell lower AS OPEC announced a tentative agreement to begin increasing production. A bounce away from the 70.00 zone indicated that sentiment remains subdued. With prices hitting lower lows,…
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Sow still holding trades below second resistance 44200-50 which still holding the downtrend wave ongoing As we see over the Intraday chart, market now testing resistance 44000-60 inside the Open-End-Triangle formation while more drop…
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Gold managed to met target 2835-40 as we advised last week while also managed to hit the expected rebound movement toward target 2865 and above As we see over the Intraday chart, market facing resistance zone around 2875-80 which may…
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As we advised last week and as we see over our previous chart Crude Oil managed to met target 68.35 and managed to hit rebound correction as expected toward first target 70.15 as we advised before As we see over the Intraday chart,…
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