Technical Analysis

The Nasdaq INDX (NAS100) remains bullish The Nasdaq INDX (NAS100) hit some exhaustion as prices failed to break the 22000 level. The index is now consolidating, but, more importantly, it is remaining above 21500 after a slight…
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As we see over the Intraday chart, the Dow is facing the first resistance around 42600 which could create more pressure over the market with supports at 41800-50. Above 42600 more advance could hit the market to test the resistance of…
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Gold managed to hit the targets 3375 and 3400 and managed last Friday to activate a further advance. As we see over the Intraday chart, prices face a first support around 3400-10, where as long as the market holds above it, a further…
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Oil broke above the 64.80 resistance to meet the target at 66.90. Prices managed to jump fast on the Middle Eastern conflict to hit a 75.25 high. With the market being on the over bought zone, prices managed to push for a correction…
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USDJPY seems to be building a decending triangle which could lead to a further drop if this formation manages to control the market. As we see over the chart, there is a resistance zone at 145.00-45 with support at 141.50-142.10. Above…
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GBPUSD still holding above 1.3390 which gives the chance for an advance towards 1.3735. Below 1.3390 more of a drop toward 1.3250-70 will be expected with the first Intraday support at 1.3545. SUPPORT RESISTANCE LEVEL1…
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The Euro held above the support of 1.1475 and advanced toward 1.1585 so far today. The target is still at 1.1690, while support remains at 1.1475. Below 1.1475 the market could drop to re-test the 1.1355 support zone. SUPPORT…
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USOIL (WTIcrude) breaking higher USOIL (WTIcrude) continued its surge higher as Middle Eastern tensions continued to rise. The recent spike to the upside saw over $4 being added to the value of the black gold as price action tested the…
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Dow went far fast drop today on Israel attack on Iran As we see over the Intraday chart, market facing first resistance around 42600 which mau creat drop pressure ob=ver the market while supports laying at 42160 and 41800-50 Above…
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