Technical Analysis

EURUSD and GBPUSD surged to their highest level in four years as the domination over the dollar continues. President Trump said he could announce a replacement for Fed Chair Powell as the markets remained volatile. Timestamps EURUSD…
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The S&P (SPX 500) on the comeback trail The S&P (SPX 500) inched higher towards another peak thanks to a push in technology stocks. Sentiment is still overwhelmingly upbeat as the index grinds higher to hit another record.…
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As July 9th comes closer, the trade war has become increasingly a concern for the markets. The data is the self-imposed deadline by the Trump Administration to reach trade deals before "liberation day" tariffs are reimposed. While there…
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(FTSE) UK 100 seeking support The (FTSE) UK 100 gave some rebound on the recent sell-off but now looks likely to test the recent low at 8730. The index has been hitting a lower low from the middle of June, when prices hit the first key…
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The Dow managed to break above the resistance 42450 and managed to add more advance toward 43100. As we see over the chart, the index now faces a resistance zone around 43200-300 which could push for a trading zone towards the…
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As we see over the Intraday chart, Gold still faces pressure at the target zone of3284-86, which in turn could activate a rebound. Above 3337 more advance to test the 3355-61 resistance zone which could activate a drop wave…
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Crude Oil managed to hit a fast correction and as result of easing tensions in the Middle East. Prices hit targets 71.45, 68.00 and closed from the third support 63.70. As we see over the chart, and as long as the market…
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As we see over the chart, USDJPY dropped further while still holding above the support at 144.30. The market could create a trading zone toward the resistance of 148.65. Below 144.30 more of a drop toward 142.10-50 is…
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GBPUSD managed yesterday to break above the resistance at 1.3525 and met the target of 1.3630. As we see over the chart the market is facing the chance for a trading zone between support 1.3370 and resistance 1.3745. Above…
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