Technical Analysis

The market managed to rebound after printing a low of 1.3217 two weeks ago. As we see from the previous chart, prices managed to meet the target of 1.3460-80 which could lead to a correction. Above 1.3485 more advance will be…
Read More

THE Euro managed to hold trades inside a trading zone as expected last week. Prices still face pressure towards the 1.1200 zone with resistances at 1.1655. Below 1.1400 more of a drop toward 1.1200 will be expected. Above 1.1655 more…
Read More

AUDUSD tests critical support The Australian dollar took another step lower as the greenback continued its dominance over the pair. Prices remain limited below 0.7000 as the current trend signals a bearish channel, which has seen the…
Read More

The Dow managed to hit the target of 45700 to drop towards the support of 45135. As we see over the chart, the downtrend pressure is still affecting the market as long as the Dow holds below the resistance of 46900, as the trading zone…
Read More

Crude Oil tested the resistance zone of 91.50-92.50 before dropping towards 86.00. If prices remain below the resistance zone of 91.50-92.50, the pressure could continue with supports at 84.20-85.20 and 80.95. Above 93.00 more…
Read More

As we see over the chart, Gold managed to hit a rebound toward 4602 so far. Gold is still facing the chance for another drop swing toward 4100 or 4385. Prices face resistance around 4610, where as long as the market holds…
Read More

The pair hit a correction towards the target and support of 157.25-65 last week. The market is still holding a trading zone with resistances around 160.20 and 161.95 where each resistance could push for drop a toward the 157.25-65 zone.…
Read More

The market managed to rebound after printing a low of 1.3217 two weeks ago. As we see from the previous chart, prices managed to meet the target of 1.3460-80 which could lead to a correction. Above 1.3485 more advance will be…
Read More

THE Euro managed to hold trades inside a trading zone as expected last week. Prices still face pressure towards the 1.1200 zone with resistances at 1.1655. Below 1.1400 more of a drop toward 1.1200 will be expected. Above…
Read More