Technical Analysis

Gold met tagets 4350 and 4370-80 before correcting yesterday. From the Intraday chart, prices are facing support around 4290, where as long as the market holds above it, another rebound toward 4350-70 could hit the market. Below 4290 more…
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Crude Oil managed to hit the target of 54.80 which caused a rebound. As we see over our previous chart, the market is facing the chance for a trading zone between support 54.80 and resistance 57.05. Above 57.05 more advance to re-test the…
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USDJPY managed to hit targets 156.15 and 156.95 after the BOJ Interest-Rate Hike. As we see over the chart, the market is facing resistance around 157.90, which could lead to a correction toward 156.15 before rebounding. Below 156.15 more…
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GBPUSD managed to break above the resistance of 1.3360-70 which could push for a further advance. As we see over the previous chart, prices face a support zone around 1.3280-99 which could cause a move towards targets 1.3470 and…
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Prices advanced above the downtrend line as we see from the previous chart which could push for further advance. The support trend is still around 1.1590, where as long as prices hold above it, the advance could continue toward 1.1820.…
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EURUSD stuck sideways The dollar remained volatile as soft inflation figures revived the possibility of the Fed continuing to cut rates. The pair had previously secured a solid holding above 1.1750 as prices continuously tested this…
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( UK 100 ) The FTSE continues higher ( UK 100 ) The FTSE progressed as UK inflation fell sharply, fuelling the likelihood of a rate cut. The bounce to the recent high at 9800 has met some selling pressure as some buyers exited the…
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