Technical Analysis

GBPUSD managed to pass above the resistance of 1.3430 to meet the target of 1.3510 and above. As we see from the chart, a chance for a trading zone between support 1.3320-50 and resistance 1.3555 could hold the market. Above…
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EURUSD retreated and closed again from the support zone at 1.1380 as price remain above it. As long as the market holds above 1.1380, the chance for another advance is likely Below 1.1380 more of a drop could hit the market with…
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AUDUSD (Australian dollar) finds psychological support The AUDUSD (Australian dollar) hopes to stop the reversal after finding crucial support at the 0.7000 zone. Overall, the pair remains bullish to hit a higher high if prices…
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The Dow passed above 53000 and then reversed after President Donald Trump declared the ceasefire between the US and Iran over. If the escalation continues, we could witness more drop pressure over market with supports at 51290 and…
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Gold broke above the target of 4100. As we see from the chart, prices are advancing which could lead to a move towards the 4200-20 resistance zone. As long as the market holds above 4080 the advance wave could continue. Below 4080 more…
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Crude Oi managed to meet the target at the 85.50-87.50 zone. The Intraday indicators still show strength for more advance with supports starting from 84.00-50. Trend line resistance is at 92.50-93.00, which is still the target as war…
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As we see from our previous chart, USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing. Prices fell toward 160.50-70 on the suspected intervention before bouncing back. Traders…
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GBPUSD managed to pass above the resistance of 1.3430 to meet the target of 1.3510 and above. As we see from the chart, a chance for a trading zone between support 1.3320-50 and resistance 1.3555 could hold the market. Above 1.3555 more…
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EURUSD is still holding above the Intraday support at 1.1380 while managing to advance toward 1.1481 so far. Traders need to watch the support of 1.1380 as the market still has a chance to move higher. Below 1.1380 more of a drop could…
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XAUUSD (the Gold) remains choppy XAUUSD (the Gold) saw a lift as the yellow metal moved away from the critical 4000 support. As the market remains volatile, with all eyes on Iran’s next move, prices look to break the 4100 level.…
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