Technical Analysis

GBPUSD(pound) hitting support The GBPUSD(pound) found a bounce as price action looks to gain a foothold after a recent surge in the dollar. A new low below 1.3450 suggested a bearish continuation after the recent rally. The…
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Dow managed to meet target 53335 which still holding back the market As we see over the chart, Intraday first support laying at 52800-50 where as long as market holding above it more advance toward 54000 is likely Below 52800 more…
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Gold in tight range as the Triangle Formation dominating market As we see over the chart the Intraday see resistance 4072 as the drop pressure key while support at 4000-20 zone Above 4072 more advance to re-test 4120 is likely where a…
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We still holding our previous projection for the Crude Oil Market open with drop gap price on USA hold back attacks on Iran while support zone 77.50 still holding As we see over the chart, Market still looking for farther rebound…
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The yen gave back some of its recent advance that was triggered by US and Japanese intervention. As we see over the chart, we may see wide range of trading first between 155.00 and resistance 158.05 while market demanding farther rebound…
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We still holding our previous projection for the GBPUSD As we see over the Daily chart a possible triangle formation may hold market inside 1.3140-80 support and 1.3505-55 resistance Below 1.3140 more drops is likely …
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Euro took advantage on the Intervention on the Yen where managed to test the downtrend line as we see over the chart which in return pushed for some drop correction A trading zone between 1.1435 and 1.1560 may hold the market until one…
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US 500 (S&P 500) keeps on giving The US 500 (S&P 500) pushes even higher as stocks continue to rise, with oil prices pressured. A close above 7550 supported the bullish trajectory, with no signs of exhaustion. A…
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GBPUSD looking to continue the rally Cable remains upbeat after jumping over 200 pips at the backend of last week. Interest rate decisions from the Bank of England and the Fed propelled the pair higher. This week’s ISM and…
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USDJPY looking for another low The dollar stopped short of turning things around after last week’s intervention by Japan’s Ministry of Finance. The pair heads towards 157.00 as traders look for a confirmation break at this level.…
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