Technical Analysis

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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Intraday analysis covering USDJPY Analysis, AUDUSD, and NAS 100, highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDJPY soaring higher USDJPY analysis shows The US dollar…
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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 hit a fast drop yesterday after the Fed meeting which was surprisingly against the market expectations over the tone of the Fed. As we see over the chart, the market is facing resistance around 4332 which could keep the…
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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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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. So, the continued movement below this level…
Read More

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…
Read More

The Euro managed to hold below the resistance of 1.1620 to meet the target of 1.1500 and broke further below. As we see from the chart, the Intraday levels show resistance around 1.1530, where as long as the market holds below it, the drop…
Read More