Technical Analysis

Gold managed to meet the target at 4277 and above. As we see over the Intraday chart, prices now face a resistance zone at 4343-50 and 4370-80, where each resistance has the chance for a correction over the market. As long…
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Oil met the target of 57.60-80 and managed to push for a further drop. As we see over the chart, prices remain below the downtrend resistance line of 59.00, which could keep up the pressure over the market as support at 54.80…
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As we see from the Intraday chart, USDJPY is facing the chance for a trading zone between support 154.90 and resistance 156.15. Above 156.15 the chance for the advance wave will return and more advance towards 156.95 and 158.80 could hit…
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GBPUSD managed to break above the resistance of 1.3360-70 which could push for a further advance. As we see over the Intraday chart, prices face a support zone around 1.3280-99 which could cause a move towards targets 1.3470 and 1.3600.…
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Prices advanced above the downtrend line as we see from the previous chart which could push for further advance. The support trend is still around 1.1590, where as long as prices hold above it, the advance could continue toward…
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( USOIL ) WTI tests major support ( USOIL ) WTI held ground after repeated tests at the recent support of 57.70. After the black gold sank below 59.00, the latest rebound attempts have struggled to gain traction with 59.00 firmly…
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As we see over the Intraday chart, prices are still holding above supports 47370 and 47090, where as long as the market remains above one of those supports, the advance wave could continue towards 48000 and 48420. Prices managed to hit…
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The market managed to hit a correction to test again the support zone at 4160-70. As we see over the chart and if prices remain above the support of 4160-70, the advance wave could expand towards the 4272-77 zone. Below 4160, more of…
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Oil managed to hit the target of 57.60-80 yesterday which caused a rebound. Prices could hold this trading zone while below 57.50, more threat for a drop toward 56.00 and 54.80 is likely. Above 60.10-30 more advance towards the 62.60…
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