Technical Analysis

GBPUSD dives lower The pound took another hit as unemployment ticks higher in the UK. After a brief move above the 1.3500 level, prices fell over 70 pips to halt the bull run. This latest psychological level is where some sellers have…
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The Dow managed to hit the target of 42600-700 as prices broke above it last week. As we see over the Intraday chart, the market is now facing support around 42500-600, where as long as prices remain above it, the advance wave still…
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Gold remains below the Intraday resistance zone which is now around 3338, which still gives a chance for a drop toward 3250-70. Above 3338 the market will start to gain strength which could push prices for an advance with resistances at…
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Crude Oil so far held inside our expected trading zone between the support 59.50-90 and resistance 64.80, which could be holding for some time. Above 64.80 the market could activate an advance with the target towards 66.90. Below 59.50…
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USDJPY is holding above the support of 143.90 and managed to advance toward the target at 145.10. The market is still facing the chance for a trading zone between support 143.80 and resistance 145.10. Above 145.10 a further advance could…
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As we see over the chart, GBPUSD still holds above the support level of 1.3390 which is still giving the chance for prices to gain a further advance towards 1.3735. Below 1.3390 more of a drop toward 1.3250-70 will be expected.…
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The Euro held above the support of 1.1355 and added more advance toward 1.1495 before hitting a correction. As we see over the previous chart, as long as the market holds above 1.1355, the advance wave can sustain toward 1.1575. Below…
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Nasdaq 100 (NAS) bounces higher The Nasdaq 100 (NAS) hits another fresh high as investors pile into AI-related stocks. A rise above the previous resistance at 21400 indicates robust buying interests as bears struggle to contain the…
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Dow managed to met target 42600-700 while managed to break above it last week As we see over the Intraday chart, market now facing support zone around 42500-600 where as long as market holding trades above it the advance wave still…
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