Technical Analysis

GBPUSD met the target at the 1.3350-1.3400 zone. The market could hold this trading zone between  support zone 1.3140-60 and resistance 1.3350-1.3400. Below 1.3140 more of a drop towards 1.3000 is likely. Above 1.3400 more…
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The Euro is still hovering around the downtrend resistance line as more pressure still affects the market. As long as prices hold below the resistance of 1.1240-80 the drop pressure could continue towards the target and support…
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USDJPY moving lower The Yen (USDJPY) bounced back against the dollar as the pair looks to close the weekend gap. Resistance at 158.30 indicates renewed selling pressure and could lead to a bearish continuation. The recent low…
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Dow managed to meet first target at 52400 while market still facing main resistance at 52700-800 As long as market holding trades below this resistance a drop correction toward 51000 is likely Above 52800 more advance toward 53700 is…
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Gold managed to hit rebound correction again and closing from resistance zone 4200-35 again As we see over the chaart, market may hold chance for some trading inside this zone Above 4235 more advance toward 4315 is likely Below…
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Crude Oil managed to meet targets 93.00 and 96.35 As we see over the chart, market facing resistance around 96.35 which may push for some drop correction toward 88.00-89.00 zone Above 97.00 more advance toward 98.50 and 101.35 is…
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USDJPY managed to add more bonus above 157.85 while drop pressure still overshadow the market as traders expect an intervention from BOJ anytime Intraday showing resistances at 159.00 and 160.00 while a drop wave may hit the market…
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GBPUSD managed to fsupport zone 1.3140-60 which managed in turn to push for rebound correction toward target 1.3350-1.3400 zone Market may hold this trading zone between  support zone 1.3140-60 and resistance 1.3350-1.3400 Below…
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Euro still hovering around downtrend resistance line as drop pressure still affect market As long as market holding trades below resistance 1.1240-80 the drop pressure may sustain toward target and support 1.1065 which in turn may push…
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USOIL remains bullish Oil (USOIL) progressed higher after hitting further multi-month highs. On the chart, a new high above 98.00 has kept the commodity in a bullish channel. A broader extension is underway, with the…
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