Technical Analysis

The Dow managed to test the resistance zone of 52000-200 which could lead to a potential Rising Wedge formation that can create a correction scenario. Prices managed so far to drop towards the 51300 zone. Above 52200 a chance for further…
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Gold managed yesterday to hold below the resistance of 4220-45 and reached 4130 earlier today. As we see from the previous chart, prices still have a chance for a trading zone between support 4100 and resistance 4220. Below 4100, more…
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Crude Oil managed to re-test the resistance of 79.20 last week before the market dropped as the deal to end the war between Iran and US is still valid. Targets are still towards pre-war levels around the 68.00 zone. Above 80.35 more…
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USDJPY in the short term is still facing a resistance zone around 160.90-161.95 as the last time the market reached it, the Bank of Japan warned about possible intervention to support the yen. While the Japan Finance Minister Katayama…
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GBPUSD fell below the daily trend support at 1.3280 which could lead to more pressure over the market. As we see from the chart, Intraday prices show resistance around 1.3325, where as long as the market holds below it, more of drop toward…
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The Euro managed to hold below the resistance of 1.1620 and managed to resume the drop below 1.1500 and closed from the support 1.1390. As we see from the chart, the Intraday levels show resistance around 1.1530, while support at 1.1390…
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Intraday analysis covering GBPUSD , EURJPY Analysis, and GER 40, highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. GBPUSD pushes higher The pound took another step forward…
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The Dow managed to test the resistance zone of 52000-200 which could lead to a potential Rising Wedge formation that can create a correction scenario. Prices managed so far to drop towards the 51300 zone. Above 52200 a chance for further…
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Gold managed earlier today to hit a rebound while testing the resistance zone at 4220-45. As long as the market holds below this zone, the chance for another drop towards 4100 could hit the market before rebounding. Above 4245, more…
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Crude Oil managed to re-test the resistance of 79.20 last week before the market dropped as the deal to end the war between Iran and US is still valid. Targets are still towards pre-war levels around the 68.00 zone. Above 80.35 more…
Read More