Technical Analysis

Our intraday forex analysis covers EURGBP, XAUUSD hitting support, and SPX 500, focusing on key support and resistance levels and potential market direction. EURGBP hits lower high The Euro remains in a descending channel as prices…
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The Dow managed to break above 48320 which could lead for a further advance. As we see from the chart, the market faces supports at 48100 and 47300, where one of those supports could keep the advance wave going towards the target…
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Gold advanced above 4800 with optimisms over Iran-U.S negotiations. Gold has the chance for more advance as the market looks for few days/weeks of calm. Intraday supports are at 4800 and 4755, where as long as the market remains…
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Prices are still holding above the support zone at 84.20-86.10, which is still maintaining the advance wave with resistances at 99.00 and 103.70-90. Below 84.10 more of a drop could hit the market whilst support at 76.00 could…
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The pair managed again to hit another correction while still facing the support zone of 157.25-65, which could hold prices inside this trading zone toward resistances 160.20 or 161.95. Above 161.95 the market could enter a new…
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GBPUSD managed to pass above the resistance of 1.3485 to meet the first target at 1.3580. As we see over the chart, the market is facing the first support zone at 1.3485, where if prices remain above it, more advance will be…
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The Euro managed to break above the resistance level of the triangle formation to meet the first target at 1.8000. Intraday level supports start at 1.1720 and 1.1600 while as long as the market holds above it, the advance could…
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Our intraday forex analysis covers EURUSD Fall, USDCAD, and UK 100, focusing on key support and resistance levels and potential market direction. EURUSD falls lower The Euro took a step back after gaining over 200 pips in recent…
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The Dow managed to break above 48320 which could lead for a further advance. As we see from the chart, the market faces supports at 48100 and 47300, where one of those supports could keep the advance wave going towards the target…
Read More

Gold advanced above 4800 with optimisms over Iran-U.S negotiations. Gold has the chance for more advance as the market looks for few days/weeks of calm. Intraday supports are at 4800 and 4755, where as long as the market remains…
Read More