Technical Analysis

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…
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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…
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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…
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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…
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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,…
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(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…
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The Dow managed to hold above the trend support to rebound towards 49800. As we see over the previous chart and if prices remain below 49800-900, another drop inside this trading zone could control the market with support at 48700. Below…
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Gold Intraday indicators show the chance for another drop which could hit the market as long as prices hold below the resistance of 5205. Price action will face supports at 5160 and 5110 which could lead to a rebound. Below 5094…
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Oil managed to rebound again towards the target 66.15 and above. As the tension between U.S. and Iran could return, the Oil market could face some volatility. As we see from the chart, prices could hold this uptrend channel as…
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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…
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