Technical Analysis

Intraday analysis covering USDCAD , XAUUSD(the gold) , and USOIL , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDCAD remains undecided The Canadian dollar seeks…
Read More

USDCAD(The Canadian Dollar) drops 100 pips USDCAD(The Canadian Dollar) picks up gains against its neighbour as prices look for support. The major support of 1.4200 was easily broken thanks to yesterday’s NFP data, with 1.4180 on…
Read More

Intraday analysis covering USDJPY(The Yen) , NZDUSD  , and SPX 500 , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDJPY sinks lower USDJPY(The Yen) clawed back losses…
Read More

The Dow managed last week to break above the resistance of 52275 and advanced towards the target 53000 reversing below the resistance trend as we see from the chart. Prices are still showing signs of a further drop that could hit the…
Read More

Gold is still searching for ground support that could lead to another rebound. As we see from the chart, the market is facing support at 3960, with resistance at 4100 which could hold a trading zone. Above 4100 more advance toward 4200…
Read More

Crude Oil managed to erase all war-time gains to closing towards the 68.00 zone. As we see over the chart, the market could find support around 67.00-68.00, which could cause a rebound that could lead towards the 79.20 resistance.…
Read More

USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing. Traders should take Precautionary measures as the Bank Of Japan could intervene any time in the market. …
Read More

Our previous projection for the GBPUSD still applies after the market fell below the daily trend support at 1.3280, which could lead to more pressure over the market. As we see from the previous chart, Intraday prices show resistance…
Read More

Euro managed to the test resistance zone of 1.1425 last Friday as Intraday prices remain positive, holding the market above 1.1380 to back a potential advance towards the 1.1500-25 zone. Below 1.1380 more of a drop is likely with supports…
Read More

Intraday analysis covering EURUSD, AUDUSD  , and UK 100(the FTSE) , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. EURUSD gaining lost ground The Euro continues to fight…
Read More