Technical Analysis

(UK 100)The FTSE bearish reversal underway (UK 100)The FTSE fell away from its recent record as traders digest the latest news from the Middle East conflict. The RSI’s previous double top in the overbought zone was a sign of…
Read More

(SPX500)The S&P takes a breather (SPX500)The S&P continues its choppy nature after last week’s Nvidia earnings call failed to impress the market. The combination of shaky sentiment and the worry that the AI bubble could burst…
Read More

The Dow managed to maintain our expected trading zone between support 48300 and resistance 49800 so far. As we see over the chart, the market shows weaknesses over indicators as resistance is at 48800-900. As long as the market…
Read More

Despite the gap in price on the market open after the conflict with Iran, the market  is showing the chance for a trading zone as long as prices remain below the 5380-5422 resistance. As we see over the chart, support is at 5249 which…
Read More

Oil opened with a gap after U.S. and Israel’s treacherous attack on Iran while the Iranian Revolutionary Guard announced the closing of Hormuz. Such disruptions could cause more spikes on Oil prices which could lead for a further…
Read More

The pair retreated last week and managed to close from the first support at 152.00. The uptrend wave is still ongoing towards 160.20, as long as the market remains above 150.70-90. Below 150.70 more of a drop could hit the…
Read More

GBPUSD managed to fall below the support of 1.3585 which could push for a further drop to test the support zone at 1.3380-99. As we see over the previous chart, the support zone of 1.3380-99 could push for another rebound towards…
Read More

The Euro is still under pressure as we stated in the last few weeks as the target remains towards 1.1580. As we see over the Intraday chart, prices face the first resistance at 1.1860 while as long as the market holds trades it,…
Read More

(GER 40)The Dax breaks lower (GER 40)The Dax remains bullish as investors eye the recent Middle East conflict amid volatile global markets. On the chart, the index gapped lower during the market open, breaking through another support…
Read More