Technical Analysis

The Dow advanced above the key resistance of 40915 on big tech earnings. As we see over the chart, the market managed yesterday to test a downtrend line resistance and target of 41100-200 which could create a correction toward 40600 and…
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Gold hit some rebound before testing the support of 3187-93. As we see over the intraday chart, prices are facing resistance inside 3265-80 which could push again for another drop wave towards 3187-93. Above 3280, the advance scenario…
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Crude Oil rebounded yesterday and looking at the intraday chart, prices are in a downtrend around 59.90-60.25, which could look for another drop. Above 60.25 more advance will be expected with resistances around 61.50 and 63.50.…
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USDJPY so far managed to hold above the support zone of 144.00 and added more advance above 145.15. As we see over the chart and as long as the market holds above 144.00, more advance toward 147.15-30 will be expected. Below 144.00 a…
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Prices managed to hold inside our expected trading zone so far to test 1.3435 and fall toward 1.3260 so far. This trading zone could control prices between support 1.3200-20 and resistance 1.3435. Above 1.3435 more advance toward…
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The Euro fell below the first support of 1.1308 while the market still stands above the support zone of 1.1245-65. As long as the market holds above the support zone of 1.1245-65, the advance wave could sustain for a further advance.…
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The Dow (US 30) remains bullish The Dow (US 30) continued its revival after another 100-point push as prices broke yet another critical resistance. Bulls have flushed out the remaining selling interests as price action aims for the…
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Dow managed to advance above resistance key 40915 on Tech companies earnings As we see over the chart market approaching from downtrend line resistance and target 41100-200 which may creat some drop correction toward 40600 and 40000…
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Gold managed to break below support 3260-70 early today while closing from target and support zone 3187-93 Market facing Intraday resistances around 3133 and 3150-60 which may keep the drop pressure to test 3187-93 Below 3187 more…
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