Technical Analysis

The pair managed again to hit another correction while still facing the support zone of 157.25-65, which could hold prices inside this trading zone toward resistances 160.20 or 161.95. Above 161.95 the market could enter a new…
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GBPUSD managed to pass above the resistance of 1.3485 to meet the first target at 1.3580. As we see over the chart, the market is facing the first support zone at 1.3485, where if prices remain above it, more advance will be…
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The Euro managed to break above the resistance level of the triangle formation to meet the first target at 1.8000. Resistance at 1.1800-35 caused a drop while supports at 1.1600 could create a trading zone. Above 1.1835 more…
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Weekly outlook covering USDJPY and AUDUSD, with SPX 500 analysis and key support and resistance levels shaping market expectations. USDJPY hits another wave lower The Yen continues to claw back losses after halting the recent dollar…
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Intraday forex analysis covering USDJPY , XAGUSD , and NAS 100 analysis with a focus on key market movements, support and resistance levels, and short-term price action trends across major currency pairs. USDJPY hitting fresh lows The…
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As we see over the chart, the market is facing a resistance zone around 49500-700, where as long as prices hold below it, the drop pressure could continue towards the support of 48100 which could lead to a rebound. Above 49700 more advance…
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Gold fell below 4695 which could lead to a further drop. As we see from the chart, the market is facing a resistance zone at 4765-95, where as long as prices hold below it, the drop pressure could continue as support at 4554 could push for…
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Crude Oil held above the support of 76.00 while managing to pass above the resistance at 92.35. As we see over the chart, the market is facing a trading zone between support 87.00-85.00 and resistance 99.00 as the advance could continue if…
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The pair managed again to hit another correction while still facing the support zone of 157.25-65, which could hold prices inside this trading zone toward resistances 160.20 or 161.95. Above 161.95 the market could enter a new uptrend wave…
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GBPUSD managed to pass above the resistance of 1.3485 to meet the first target at 1.3580. As we see over the chart, the market is facing the first support zone at 1.3485, where if prices remain above it, more advance will be expected with…
Read More