Technical Analysis

The Euro hit a correction towards the target and support of 1.1570, as the market still holds above this support since last week. As we see from the chart and as long as the market holds above this support,  a rebound towards…
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USDCAD losing momentum The Canadian dollar (USDCAD) continues to gain over the greenback after pushing past the 1.3800 level. The pair looks to move away from its recent top around 1.3940. A series of lower lows suggests…
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The Dow remains from a technical perspective remains above the daily uptrend frame to test the support of 52700-800 in the few last weeks. As we see from the chart and as long as the market holds above 52640, the advance is…
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Gold still holds below the resistance of 4440-60 which adds pressure to the  market. As we see over the chart, the Intraday levels show resistance at the 4440-60 zone, where as long as the market hold below it, the drop pressure…
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Crude Oil broke above 91.10 as expected as war escalates in the Middle East. As we see over the chart, the market is facing supports at 89.85 and 87.00. If prices remain above one of those supports, the advance wave will sustain…
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USDJPY managed to resume the drop as traders anticipate a rate hike from the Bank of Japan next week. The market faces support around the 152.00-15 zone while resistance at 155.00-20 could lead to a trading zone here. Below…
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Intraday levels show possible support around 1.3475 which could support the market in the short-term. As we see from the chart, prices face supports at 1.3475 and 1.3400 where each support could lead to an advance toward 1.3675.…
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The Euro hit a correction towards the target and support of 1.1570, as the market still holds above this support since last week. As we see from the chart and as long as the market holds above this support,  a rebound towards…
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UK 100 grinding higher The FTSE (UK 100)continued its comeback as progressive bullish waves moved towards 11000. A close above 10800 is another milestone in the week-long rebound. However, a potential bearish RSI divergence…
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The Dow remains from a technical perspective remains above the daily uptrend frame to test the support of 52700-800 in the few last weeks. As we see from the chart and as long as the market holds above 52640, the advance is…
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