Technical Analysis

Gold managed to hold above the 4500 support after last Friday’s drop as prices managed to add more advance to hit a record on the market open today. As we see from the chart, the market faces supports at 4635-42, 4594 and 4535 as the…
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The Dow managed to met the target zone at 49500-600. As we see from the previous chart, prices face an uptrend resistance channel around the 49800-50000 zone which led to a correction towards 48760. As long as the market holds above…
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Oil closed at target and resistance of 62.60 before dropping rapidly after President Donald Trump signalled that he might hold off on attacking Iran for now. As we see over the chart, prices still face support at 58.80, where if the…
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GBPUSD managed to print below the support of 1.3400 which could lead to more pressure over the market. As we see over the chart, prices face resistance around 1.3465-90, where as long as the market holds below it, more of a drop will be…
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USDJPY tested the support trend around 157.30-60 which could lead to another advance towards the 160.20 zone. Below 157.30 more of a drop will be expected with supports at 155.60 and 154.35. SUPPORT RESISTANCE LEVEL1…
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The Euro dropped toward 1.1578 so far today. As we see from the Intraday chart, the market is facing a support trend around 1.1515-25 which could lead to another advance towards 1.1810. Below 1.1515 more of a drop will be expected…
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(NAS 100 ) Nasdaq looking for a lift The (NAS 100 ) Nasdaq took a step back after hitting another high, boosted by tech-related shares. The slowdown doesn’t seem to be hampering the price, as the charts remain bullish as we head into…
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AUDUSD grinds support The Australian dollar found some firm resistance as risk appetite remains volatile across all markets. The latest move higher above 0.6700 met stiff selling pressure, and prices are at a major crossroads as they…
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The Dow managed to met the target zone at 49500-600. As we see from the previous chart, prices face an uptrend resistance channel around the 49800-50000 zone which led to a correction towards 48760. As long as the market holds…
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