Technical Analysis

USDJPY managed to hit below the support of 144.30 which could push for more of a drop to test the support trend at 143.30-40, which in turn could push for a rebound with resistances around 144.95 and 145.70-90. Below 143.30 more of a drop…
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GBPUSD advanced and tested the resistance of 1.3745 last week. As we see over the chart this resistance zone of 1.3745-75 could push for some correction movement within the trading zone area towards 1.3370. Above 1.3775 the market could…
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The Euro met the second target of 1.1690 and above. As we see over chart, the market is still on an uptrend wave which is still looking for the third target at 1.2000. Intraday levels show the first support around 1.1650-60, where as long…
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The S&P(S&P 500) ignoring the crisis The S&P(S&P 500) pushed to another fresh high as tech stocks continue to propel the market. It appears that investors have brushed aside lingering geopolitical concerns and pinned…
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(FTSE) UK100 finds support The (FTSE) UK100 saw another dip towards the 8700 level, but prices bounced slightly higher. A bullish reversal would prompt sellers to cover, easing the downward pressure and paving the way for a recovery to…
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