Technical Analysis

Our previous outlook for USDJPY still stands, as the pair continues to test the 160.20–160.60 resistance zone. Traders are closely watching this area, as the last time the market reached it, the Bank of Japan warned about possible…
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Our previous outlook for GBPUSD still stands, as the pair has held above the 1.3280 support level. GBPUSD managed to hold above 1.3280 and has rebounded toward 1.3500 so far. As shown on the chart, the market is supported by a daily…
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EURUSD managed to rebound further as the market was relieved by Iran/US deal. Prices are still facing the resistance zone of 1.1650-90 which is a tricky zone that can push for a drop. Above 1.1690 more advance toward 1.1850…
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USDCAD testing fresh resistance The American dollar extends the rally as the pair attempts to break above 1.4000. Price action has moved another 30 pips higher after weeks of upward dominance. A bullish continuation would be a…
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Markets are convinced that the RBA will keep rates unchanged at the end of its policy meeting on Tuesday. This follows three back-to-back rate hikes, and will give the central bank time to assess the impact of recent monetary policy…
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Intraday analysis covering USDJPY, XAGUSD hits another low, and SPX 500, highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDJPY hits another higher high The dollar…
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Dow managed to hit below support 50000 which may lead latter for another drop swing Intraday chart showing chance for rebound correction toward 51200 as long as market keep holding trades above 49680 support Below 49680 more drop will…
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Gold managed to resume drop below support 4100 early today while market closing from Mid-Run support around 3880 As we see over the Intraday chart, market facing resistance around 4120-35 zone which may keep market inside this tradin…
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Our previous outlook for crude oil still stands As shown on the chart, the market is still holding above the 85.40–60 support zone. If prices stay above this area, a move up toward 102.20 may start at any time, especially with the fragile…
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Our previous outlook for USDJPY still stands, as the pair continues to test the 160.20–160.60 resistance zone. Traders are closely watching this area, as the last time the market reached it, the Bank of Japan warned about possible…
Read More