Technical Analysis

As we see over the Intraday chart, the Dow is facing resistance around 46850, which is keeping pressure on market. If prices hold below the said resistance, then the drop pressure could sustain towards the 45700-900 support zone, which…
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Gold passed above the resistance of 4110 yesterday which could push for a further advance. As we see over the chart, the market is facing s support trend around 4090-4100 which could create a trading zone towards 4186-90.…
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Crude Oil managed to pass above 58.40 which could begin a small trading zone between support 58.15 and resistance 59.25-35, which also could expand towards the trend resistance level at 60.10. Below 58.15 a drop towards 56.00 is likely.…
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Prices met the target of 156.70 while more advance towards the second target 158.80 is promising. As we see from our previous chart, the market managed to test the support of 153.65 before advancing towards the first target of 156.80.…
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The pair managed to hold below the 1.3250-60 resistance which still holds pressure over the market towards the target of 1.2850. Prices are closing from the first support at 1.3000 which could give the chance for a rebound. Below…
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The Euro managed to fall below the support of 1.1665 which restored the pressure again on the market. As we see from the previous chart, and as long as the market holds below 1.1630-55, the drop pressure could continue with support at…
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GBPUSD attempts to consolidate Cable (GBP) has also been at the mercy of the greenback after progressive pressure for most of this month. The price is at a crossroads after hitting a double bottom at 1.3040 and then meeting resistance at…
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As we see over the Intraday chart, the Dow is facing resistance around 46850, which is keeping pressure on market. If prices hold below the said resistance, then the drop pressure could sustain towards the 45700-900 support zone, which…
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Gold is still holding a trading zone whilst beginning to build a triangle formation after testing support at 4020. As we see over the chart, the market is facing support around 4020-40, as resistance around 4095-4110 could hold this…
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