Technical Analysis

Gold hit the target of the 4600-10 zone. As we see from the Intraday chart, the market is still holding trades inside an uptrend channel with support around 4480 and resistance around 4620-40. Prices could remain volatile as traders await…
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The pair hit a correction towards the target and support of 157.25-65 and managed to rebound again. The market is still holding a trading zone with resistances around 160.20 and 161.95 where each resistance could push for drop a toward the…
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GBPUSD fell below the support trend of 1.3200 which could lead to another drop. As we see from the daily chart, if prices remain below 1.3200-30, more of a drop will be expected with support at 1.3010 leading to a rebound. Below 1.3000…
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The Euro managed to hold trades inside a trading zone as expected in the past two weeks. Prices still face pressure towards the 1.1200 zone with resistances at 1.1655. The market still faces pressure towards the 1.1200 zone with…
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GBPUSD continues to fall The pound remained in a bearish rally as price action continued to collapse. On the chart, the pair is still pushing for support towards the multi-month low of 1.3150. The latest bounce stalled around 1.3180 as…
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EURUSD sliding lower The dollar looks poised to hold onto recent gains as traders continue to move away from the gold market. With Donald Trump expected to announce new terms to his peace plan, the Middle Eastern conflict shows no signs…
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The Dow managed to hit the target of 45135 last Friday. As we see from the chart, prices fell below 45135 which could add more drop pressure. Prices face resistances at the 45260-315 zone and at 45730, where as long as the…
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Gold hit the target of 4480-90 last Friday. As we see over the Intraday chart, prices face an uptrend channel with support at 4420 and resistance at 4600-10 which could hold prices inside. Above 4610 more advance toward…
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Crude Oil managed to pass above the resistance at 93.00 which could keep the advance wave going towards the target and resistance of 101.50 again. Prices hit the target at 101.50 again which could lead to a correction with…
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