Technical Analysis

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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USDJPY managed to resume the drop as traders anticipate a rate hike from the Bank of Japan next week. The market faces support around the 152.00-15 zone while resistance at 155.00-20 could lead to a trading zone here. Below…
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Intraday levels show possible support around 1.3475 which could support the market in the short-term. As we see from the chart, prices face supports at 1.3475 and 1.3400 where each support could lead to an advance toward 1.3675.…
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