Technical Analysis

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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The Euro hit a correction towards the target and support of 1.1570, as the market still holds above this support since last week. As we see from the chart and as long as the market holds above this support,  a rebound towards…
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US 30 hits resistance The Dow (US 30) collapsed late last week after progressive job numbers led to a belief in a rate cut this month. The move towards a potential record high was rejected as prices failed to clear the cluster of…
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The Dow remains from a technical perspective remains above the daily uptrend frame to test the support of 52700-800 last week. As we see from the chart and as long as the market holds above 52640, the advance is likely to move above 55000.…
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Oil managed to break above the triangle formation resistance at 86.50 to add more advance towards the 91.00 zone as war escalates in the Middle East. As we see over the chart, the market faces supports at 87.00 and 85.00 where each support…
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Gold hit the target of 4450-72 to break above it. As we see from the chart, the market faces support at the 4440-60 zone, and if prices remain above it, the advance movement could sustain towards the second target at 4545-65. Below 4440…
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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. Below…
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USDJPY resumed the drop to test the support at 155.00-20 yesterday. As we see over the chart, the support at 155.00-20 could lead to a rebound with resistance at 157.40. Below 155.00 more of a drop is likely with support at 152.15. Above…
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The Euro hit a correction towards the target and support of 1.1570. As we see from the chart and as long as the market holds above this support,  a rebound towards 1.1710 is likely. Below 1.1570 a further drop toward 1.1460-80 is…
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GBPUSD finds a bounce  Cable moved higher after finding support just below 1.3500. A break below that level previously put the bulls on the defensive. The pound looks for an uptrend as buyers re-enter the market. 1.3550 is the…
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