Technical Analysis

Gold met the targets at 5249 and 5130 and moved lower. As we see over the chart, the market is facing resistance around 5225, and if prices remain below it, the drop pressure could return towards 5065 as more of a drop is…
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Oil opened with a gap after U.S. and Israel’s treacherous attack on Iran while the Iranian Revolutionary Guard announced the closing of Hormuz. Such disruptions could cause more spikes on Oil prices which could lead for a further…
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USDJPY hit the second target at 157.60. As we see over the chart, the market facing a grey zone at 158.00-159.45 which is considered as a resistance zone, which could maintain the risk for another drop wave towards 155.30-50 and…
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The pound fell below 1.3380 and added more of a drop towards the target 1.3285. As we see over the chart, the market is now facing a resistance zone at 1.3380-99, where as long as prices hold below it, the drop pressure could…
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The pair managed to meet the target of 1.1580. As we see from the chart, market trend support is at 1.1530-60 which could push for a rebound towards 1.1725. Below 1.1530 more of a drop toward 1.1400 could hit the market.…
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USDJPY hits resistance The dollar took a breather from its recent rally, with the pair adding over 200 pips this week. Intraday, the pair is trying to hold its recent high at 158.00, and a close above this level would first send the…
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Despite the rebound above the 48900 resistance, towards 49065, our view still the same over the market. As we see over the chart, the market shows weaknesses over indicators as resistance is at 48800-900. As long as the market…
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Despite the gap in price on the market open after the conflict with Iran, the market  is showing the chance for a trading zone as long as prices remain below the 5380-5422 resistance. As we see over the chart, support is at 5249…
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Oil opened with a gap after U.S. and Israel’s treacherous attack on Iran while the Iranian Revolutionary Guard announced the closing of Hormuz. Such disruptions could cause more spikes on Oil prices which could lead for a further…
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The pair retreated last week and managed to close from the first support at 152.00. The uptrend wave is still ongoing towards 160.20, as long as the market remains above 150.70-90. Below 150.70 more of a drop could hit the…
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