Technical Analysis

GBPUSD finds resistance Cable struggles as the pair met firm resistance after pushing over 100 pips in the past session. • Not even a lift in GDP data could prevent the pound from slipping away from the 1.3500 level. • With the RSI…
Read More

Intraday analysis covering USDCHF(the franc) , EURJPY , and US30 , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDCHF(the franc) remains indecisive The Dollar found…
Read More

AUDUSD (The Australian dollar) remains choppy AUDUSD (The Australian dollar) remained choppy as consumer confidence jumped out of negative territory. • As the pair searches for a recovery to the previous swing high at 0.6980, a…
Read More

The Dow passed above 53000 and then reversed after President Donald Trump declared the ceasefire between the US and Iran over. If the escalation continues, we could witness more drop pressure over market with supports at 51290 and…
Read More

Gold managed to meet the target of 4050 and broke below it. Prices are still searching for support with the medium term support being at 3886. Traders await the US Inflation data today to get a clue over Fed Rate hike intentions.…
Read More

Crude Oil managed to meet the target of 79.20 and pass above it. As we see over the chart, the market still has room for more advance as war escalates in the Middle East. The support zone is at 75.50-75 with resistance at 85.50-87.50.…
Read More

USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing. Prices fell toward 160.50-70 on the suspected intervention before bouncing back. Traders should take precautionary measures…
Read More

GBPUSD managed to test the resistance zone at 1.3400-30 last week before a market correction. As we see over the previous chart and as long as prices remain below this resistance, another retreat toward 1.3305 and 1.3160 could hit the…
Read More

EURUSD is still holding above the Intraday support at 1.1380 as traders await the U.S inflation data today. Traders need to watch the support of 1.1380 as the market still has a chance to move higher. Below 1.1380 more of a drop could hit…
Read More

EURUSD (The euro) sees limited pullback EURUSD (The euro) continues to retreat after failing to break back above the recent high, which saw prices push towards a fresh peak. The pair bounced off the support zone at 1.1380 as the…
Read More