Technical Analysis

GBPUSD hit 1.3470 last week and managed to break above it. Prices have the chance to test the downtrend line resistance around the 1.3620-50 zone. Intraday support is at 1.3425 and 1.3280. SUPPORT RESISTANCE LEVEL1…
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The pair met the target of 1.1675 and almost closed above 1.1820 last week. As we see over the previous chart, if prices hold above the 1.1680 support, the advance could continue towards 1.1820 and above. Above 1.1820 more advance…
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EURUSD continues choppy consolidation The euro grinded sideways as the markets reopened after the holiday period. The current overall price action suggests that bulls are looking to hold onto their gains after the recent rally. The top…
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We still holding our previous outlook for the  Dow Market managed to hold trades above support  47600-700 as we see over the chart which managed to push for some rebound toward 48380-500 resistance and target zone Market may hold…
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Gold managed to met targets 4420 and 4470 and above As we see over the Intraday chart, market facing support trend around 4430 where as long as market holding trades above it the advance wave may sustain toward 4550 and 4600 Below…
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Crude Oil managed to expand the rebound correction above 57.05 resistance while market closing from downtrend line As we see over the chart, market facing resistance zone around 59.00-40 which may keep the market inside this trading zone…
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USDJPY managed to met first target 156.15 while managed to break below it As we see over the chart and as advised before the drop movement may expand as long as market holding trades below resistance 156.50 where support 154.45 may push…
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We still holding our previous outlook for the GBPUSD Market managed to met first target 1.3470 while managed to break above it in signs of more advance toward second target 1.3600-30 on the way As we see over the previous chart,…
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We still holding our previous outlook for the EURUSD Market managed to met target 1.1675 and almost closed from target 1.1820 As we see over the Intraday chart, as long as market holding trades above 1.1680 support the advance still…
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