Technical Analysis

GBPUSD managed to test the resistance zone at 1.3400-30 in the last few days before a market correction. As we see over the previous chart and as long as prices remain below this resistance, another retreat toward 1.3305 and 1.3160 could…
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EURUSD is still holding above the Intraday support at 1.1380 while the advance scenario still applies. Traders need to watch the  support of 1.1380 after President Donald Trump declared the ceasefire between the US and Iran is over which…
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Intraday analysis covering GBPUSD , XAUUSD (The Gold) , and USOIL , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. GBPUSD hits resistance Cable had a July to remember,…
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Intraday analysis covering USDCHF , EURJPY , and GER40(The DAX) , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDCHF finds support The dollar strengthened across the…
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Our previous outlook for the Dow Jones still stands. The index managed again to re-test the 53000 resistance zone as the market still shows a chance for retreat. Above 53000 more advance would be likely toward 55000. …
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Gold managed to meet the target of 4200 early today. As we see from the chart, prices are facing a trading zone between support 4100 and resistance 4200-20. Above 4220 more advance toward 4300 will be expected. Below 4100 more of a drop…
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Crude Oil managed to erase all war-time gains to closing towards the 68.00 zone. As we see over the chart, the market could find support around 67.00-68.00, which could cause a rebound that could lead towards the 79.20 resistance. Below…
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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 should take precautionary measures…
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GBPUSD rebounded further after testing the support at 1.3160 as the market closed from the 1.3400-30 resistance zone. If prices remain below this zone, another retreat toward 1.3305 and 1.3160 could hit the market. Above 1.3430 more…
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The Euro advanced after the US payroll last Friday. Intraday shows the same levels with support at 1.1380 could keep the chance for a move to test the 1.1500-25 resistance zone. Below 1.1380 more of a drop could hit the market with…
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