Technical Analysis

GER40 (the dax) remains choppy GER40 (the dax) looks to get back on track after finding some firm support. A fall below 25500 from a lengthy consolidation is a sign of selling pressure by short-term bulls. The RSI is attempting…
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USDJPY(Yen) pushes lower The USDJPY(Yen) gained some momentum against the dollar as the pair hit a heavy rejection. Prices were hitting double tops, but a bearish divergence suggested a deceleration in the upward momentum.…
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EURGBP (Sterling) tests critical top EURGBP (Sterling) was left licking its wounds after the Euro found another higher high on its way to another peak. The rally continued after a break above 0.8550 forced sellers to bail out.…
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UK 100 (FTSE) extending the streak The UK 100 (FTSE) was boosted with early rumours that ceasefire talks are ongoing to bring a close to the Middle East conflict. A bounce above the first resistance of 10820 prompted sellers to…
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Dow managed to sustain drop last week while managed to close from support and target 51290 As we see over the chart, market facing resistance zone around 52500-600 where as long as market keep holding trades below it the drop scenario…
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Gold still building the triangle formation as we see over the chart where support at 3960-70 and resistance at 4150-65 market facing Intraday supports at 4080 and 4035 where each support may keep the chance for farther advance to test…
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Crude Oil managed to test resistance trend 92.50-93.00 last week as we see over the chart which managed to push for some drop correction Oil prices opened with drop gap price as tension in middle east eased As we see over the chart ,…
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As we see from our previous chart, USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing. Prices fell toward 160.50-70 on the suspected intervention before bouncing back toward…
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GBPUSD also managed to retreat below 1.3320 which may add more drop pressure over market As we see over the Daily chart a possible triangle formation may hold market inside 1.3140-80 support and 1.3480 resistance Below 1.3140 more…
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Euro managed to print below support 1.1380 which may add more drop pressure over market As we see over the chart Daily resistance laying at 1.1480 while targets toward 1.1210 and 1.1065 Above 1.1480 more advance toward 1.1620 and…
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