Technical Analysis

Crude Oil met the target of 58.10 and managed to break below it. As we see over the Intraday chart, the market is facing the first Intraday resistance around 58.40, where as long as prices hold below it, the pressure could continue…
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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 over the Intraday chart, and as long as the market holds below 1.1630-55, the drop pressure could continue with support at…
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EURGBP stuck in consolidation The euro remains afloat as prices are still stuck in a lengthy sideways channel. The latest move towards the key support at 0.8800 has forced some buyers to cover, potentially leading to a downturn. A…
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AUDUSD looking to stop the sell-off China’s growth could prove vital to the direction of the pair as we see out the remaining weeks of the year. Projections of higher GDP could boost demand for Aussie goods, especially if inflation…
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As we see over the Intraday chart, the Dow is facing resistance around 46140, and if prices hold below it, the drop pressure could continue towards the 45150-400 zone. Above 46140 more advance could hit the market as the second resistance…
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Gold managed to maintain the trading zone between support 3995-4000 and 4110 so far. As we see over the Intraday chart, another small trading zone between support 3998 and the resistance 4065 could hold the market. Below 3998, the market…
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Crude Oil met the target of 58.10 and managed to break below it. As we see over the Intraday chart, the market is facing the first Intraday resistance around 58.40, where as long as prices hold below it, the pressure could continue towards…
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