Technical Analysis

As we see over the chart, the Dow is still facing several supports while Indicators showing weakness over the market. However, the uptrend channel support zone at 47780-48100, could lead to a rebound. Below 47780 more of a drop toward…
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Gold managed to add more rebound as prices close towards the 5100-200 resistance zone. As long as the market holds  below this zone, prices could face another drop toward 4800-80 which could propel the market higher again. Below 4800 more…
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Prices managed to fall below the support of 153.50-60 which could push for a further drop to test the 150.70-90 support trend which could lead to a rebound. The uptrend wave is still ongoing towards 160.20, as long as the market remains…
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Oil managed to hit the target  of 66.15 last Friday. The market opened with a downward gap as the U.S. stopped the attack on Iran for now. As the tension between U.S. and Iran could return, the Oil market could face some volatility. As…
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Cable held above the 1.3560-1.3610 support to meet the first target of 1.3788 as more advance towards the second target 1.4000 is still expected. Below 1.3560 more of a drop will be expected with supports at 1.3400 and 1.3340.…
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The Euro printed below the support of 1.1800 which could push the market for a further drop. As we see over the chart, the market is facing resistance around 1.1830, where as long as prices remain below 1.1880, the downtrend pressure could…
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USDCHF looks for a lift The US dollar attempts to claw back more losses after gaining over 100 pips. A drift above 0.9770 accelerated the greenback’s upswing as price action bounced towards 0.7800. A breakout above this round number will…
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As we see over the chart, the Dow is still facing several supports while Indicators showing weakness over the market. However, the uptrend channel support zone at 47780-48100, could lead to a rebound. Below 47780 more of a drop toward…
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