Technical Analysis

The Dow managed to hit the targets of 48000 and 48420 and added more advance. As we see from the Intraday chart, prices face a support zone around 48000-300, and if the market holds above this zone, the advance wave could…
Read More

Gold managed to meet the target at 4277 and above. As we see over the Intraday chart, prices now face a resistance zone at 4343-50 and 4370-80, where each resistance has the chance for a correction over the market. As long…
Read More

Oil met the target of 57.60-80 and managed to push for a further drop. As we see over the chart, prices remain below the downtrend resistance line of 59.00, which could keep up the pressure over the market as support at 54.80…
Read More

As we see from the Intraday chart, USDJPY is facing the chance for a trading zone between support 154.90 and resistance 156.15. Above 156.15 the chance for the advance wave will return and more advance towards 156.95 and 158.80 could hit…
Read More

GBPUSD managed to break above the resistance of 1.3360-70 which could push for a further advance. As we see over the Intraday chart, prices face a support zone around 1.3280-99 which could cause a move towards targets 1.3470 and 1.3600.…
Read More

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…
Read More

( USOIL ) WTI tests major support ( USOIL ) WTI held ground after repeated tests at the recent support of 57.70. After the black gold sank below 59.00, the latest rebound attempts have struggled to gain traction with 59.00 firmly…
Read More

As we see over the Intraday chart, prices are still holding above supports 47370 and 47090, where as long as the market remains above one of those supports, the advance wave could continue towards 48000 and 48420. Prices managed to hit…
Read More

The market managed to hit a correction to test again the support zone at 4160-70. As we see over the chart and if prices remain above the support of 4160-70, the advance wave could expand towards the 4272-77 zone. Below 4160, more of…
Read More