Technical Analysis

GBPUSD met the target of 1.3000-50. As we see on the Intraday chart, prices face the first support around 1.2940 which could keep the uptrend pressure ongoing for an advance toward 1.3050. Below 1.2940 more of a drop could hit the…
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The Euro managed to meet the target of 1.0930-50 several times as we still hold our previous outlook. As we see over the Intraday chart and if prices remain below the 1.0950 resistance, a correction could hit the market towards…
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Dow Jones(US 30) tests critical resistance Dow Jones(US 30) is looking for the next move after the recent sell-off in the stock market cooled. On the chart, the index is struggling to hold on to its gains from the few sessions as a…
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The S&P(SPXX 500) loving higher The S&P(SPXX 500) attempted to stop the rot as prices bounced higher after this month's bearish rally. With a gap moving above 5500, traders will once again question if a reversal is going to…
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The Dow managed to break below 41100 last week which could now lead to another drop towards 40200. As we see over the Intraday chart, market is facing resistance around 41650-750 where as long as prices keep hold below it a further drop…
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Gold broke above 2950-55 last week advanced toward the target 2980 and above. As we see over the Intraday chart, the market is facing resistance around 3005, where as long as prices hold below it, a chance for a drop correction toward…
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Crude Oil remained above the support of 64.75 and managed to rebound toward the first target of 66.65 so far. As we see from the chart and as long as the market keeps holding above 64.75, a chance for a further rebound toward 68.25 is…
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USDJPY managed to print a high around 149.18 yesterday before the market dropped again. If prices hold below 149.30-50, the downtrend pressure will continue with support around 145.90. Below 145.90 more of a drop toward 143.40 is likely.…
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