Technical Analysis

EURUSD breaks higher The Euro hopes to turn the bearish situation around after finally finding some support. The pair has remained under pressure after sinking towards the 1.1400 level. A limited bounce above 1.1500 will likely attract…
Read More

The Dow managed to hit the target at 47000 two days ago. As we see over the chart, the market is facing support at 46400-650, which if managed to hold above it, the advance wave could return again towards 48000 and 48500. Below 46400…
Read More

Gold managed to advance above 3990 which may be the first sign of further advance coming As we see over the Intraday chart, market facing support around 3985 where as long as market holding trades above it more advance to re-test…
Read More

We still holding our previous outlook for the Crude Oil Market managed to hit some drop correction from resistance 62.60 while managed to broke below support 60.00 As we see over our previous chart, market facing support around 58.50…
Read More

We still holding our previous outlook for the USDJPY Market managed yesterday to test support trend around 152.90 which may creat a trading zone toward resistance 154.30-50 Market managed also yesterday to met target 154.30-50…
Read More

We still holding our previous outlook for the GBPUSD Market  managed to broke below support 1.3140 which may lead for a downtred break toward 1.2850 as advised before As we see over the previous  chart, market facing resistance zone…
Read More

We still holding our previous outlook for the EURUSD Market managed to break below support 1.1545 which may lead for farher drop movement as advised before As we see over the previous chart, market facing resistance around 1.1585…
Read More

GBPUSD looks for support The pound, like many others of the dollar’s competitors, continues to fall behind. The pair is looking to find a bottom after the continuous downward progression since the beginning of October. However, with…
Read More