Technical Analysis

Gold still facing drop pressure as market closing from Fed Rate hike tomorrow Intraday showing chance for some volatility where support 4253-60 may activate rebound correction toward 4350-70 zone Below 4253 more drop to test 4200-20…
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USDJPY managed to meet target and resistance zone 155.00-20 yesterday Market facing support around 152.00-15 zone while resistance at 155.00-20 which may creat trading zone here Below 152.00 more drop toward 149.40 is likely Above…
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Crude Oil still holding the advance wave while Intraday detect a F;lag formation that may send Oil price higher as we see over the chart Intraday support laying at 95.90 where as long as market holding above this level the advance is…
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GBPUSD managed to test support 1.3475 while as we see over the chart the uptrend channel support zone still around 1.3400 which still pushing toward another advance toward 1.3565 and 1.3675 Below 1.3400 more drop pressure may join to…
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Euro managed to fell below support 1.1570 which may keep pressure for farther drop toward 1.1460-80 which in turn may activate rebound correction Below 1.1460 more drop s is likely while supports on chart may push for some Intraday rebounds…
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UK 100 grinding higher The FTSE (UK 100) continued its progess after sinking towards 10500 in the past few sessions. A break above the cluster of levels around 10700 triggered some short-term long positions. 10750 is the next…
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(Oil) UKOIL takes a step back (Oil) UKOIL takes a breather from last week’s rally as tensions remain elevated in the Middle East. Brent remains above $100 for now as crude breaks back below. A global stock market rout deepened…
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The Dow managed to break below a short-term uptrend which could lead to a further drop. As we see over the chart, the market is facing resistances at 52700-800 and 53340, where as long as prices hold below one of those levels,…
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Gold managed to hit a fast rebound towards 4402 after the US CPI data last friday and also retreated from that zone. As we see from the chart, the market is still holding above the support of 4280 which can lead to an advance…
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Crude Oil managed to sustain the advance wave to print a high around 101.35. As we see from the chart, the target is still towards 104.50. Intraday supports are at 96.00 and 92.70, where as long as the market hold above one of…
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