Technical Analysis

Gold is still holding momentum as we see over the Intraday frame showing the first support at the 4935-65 zone. If prices remain above the said zone, then the advance could extend to attack and test the resistance of 5091 which could lead…
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Oil managed to hit the target of 66.15 last Friday. The managed to retreat on faded tensions between U.S and Iran, at least for now, whilst prices re-tested the support channel around 62.50. As the tension between U.S. and Iran could…
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The pair managed to rebound before testing the support trend at 150.70-90, as prices tested the first resistance at 157.60-90 today. The uptrend wave is still ongoing towards 160.20, as long as the market remains above 150.70-90. Below…
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GBPUSD managed to print below the support of 1.3560 which could lead to a further drop. As we see from the Intraday chart, the market is facing a resistance zone at 1.3620-70 where as long as prices hold below it, the drop pressure could…
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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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XAUUSD remains pressured Gold pulled lower after hitting a firm rejection, as traders weigh another test of the psychological 5000 level. With global risks pulling back, the sell-off could continue. Further downward momentum eyes the…
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(AUDUSD) Aussie dropping off The (AUDUSD) Aussie fell away from its multi-month high after last week’s decision to increase its cash rate. The meeting also noted that economic activity has been stronger than expected, as the central…
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GBPUSD falls lower The GBP (Pound) has seen gains against the dollar erased as the pair continues to sell off. With price action moving lower, the 1.3500 level becomes the next downside test. If this trend corrects, the recent peak at…
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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 we…
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