Technical Analysis

Gold managed earlier today to hit a rebound while testing the resistance zone at 4220-45. As long as the market holds below this zone, the chance for another drop towards 4100 could hit the market before rebounding. Above 4245, more…
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Crude Oil managed to re-test the resistance of 79.20 last week before the market dropped as the deal to end the war between Iran and US is still valid. Targets are still towards pre-war levels around the 68.00 zone. Above 80.35 more…
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USDJPY in the short term is still facing a resistance zone around 160.90-161.95 as the last time the market reached it, the Bank of Japan warned about possible intervention to support the yen. While the Japan Finance Minister Katayama…
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GBPUSD fell below the daily trend support at 1.3280 which could lead to more pressure over the market. As we see from the chart, Intraday prices show resistance around 1.3325, where as long as the market holds below it, more of drop toward…
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The Euro managed to hold below the resistance of 1.1620 and managed to resume the drop below 1.1500 and closed from the support 1.1390. As we see from the chart, the Intraday levels show resistance around 1.1530, while support at 1.1390…
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EURUSD remains bearish It’s a week of calm in the fundamental landscape after a host of big news events in last week’s calendar. However, the dollar’s bullish progression continues after the Middle East crisis brought scattered,…
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Intraday analysis covering NZDUSD , XAGUSD Analysis, and NAS 100, highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. NZDUSD continues choppy downturn The Kiwi failed to…
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The Dow managed to test the resistance zone of 52000-200 which could lead to a potential Rising Wedge formation that can create a correction scenario. Above 52200 a chance for further advance toward 53000 is likely. …
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Gold managed to meet the target at 4170 and broke below. As we see from the chart, prices still face support at 4025 which could create a trading zone toward 4220 and 4332. Below 4025, more pressure could hit the market…
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Crude Oil managed to re-test the resistance of 79.20 yesterday before the market dropped as the deal to end the war between Iran and US is still valid. Targets are still towards pre-war levels around the 68.00 zone. Above 80.35 more…
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