Technical Analysis

EURUSD (The euro) sees limited pullback EURUSD (The euro) continues to retreat after failing to break back above the recent high, which saw prices push towards a fresh peak. The pair bounced off the support zone at 1.1380 as the…
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The Gold(XAUUSD) remains elevated Economists are watching The Gold(XAUUSD) this week for early trading opportunities. Talks between US and Iranian officials have stalled, keeping demand for safe-haven assets strong. Fed Chair Warsh…
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GER 40 (The Dax) licking its wounds GER 40 (The Dax) edges higher as the recent sell-off in the index market casts a shadow on a potential recovery. A strong indication of the underlying bearish mood could cap prices from breaking…
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The Dow passed above 53000 and then reversed after President Donald Trump declared the ceasefire between the US and Iran over. If the escalation continues, we could witness more drop pressure over market with supports at 51290…
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Gold managed to hold support at 4020-30 yesterday to meet the target of 4100 and above. As we see over the chart, prices remain inside a triangle formation with support at 4050 and resistance at 4140. A break of one of those…
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Crude Oil managed to hold above the support of 67.00 to activate another advance as war fears return to the Middle East. Our previous projection remains towards 79.20. Below 67.00 a chance for a further drop wave towards 55.00…
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USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing. Prices fell toward 160.50-70 on the suspected intervention before bouncing back. Traders should take precautionary…
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GBPUSD managed to test the resistance zone at 1.3400-30 in the last few days before a market correction. As we see over the previous chart and as long as prices remain below this resistance, another retreat toward 1.3305 and…
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EURUSD is still holding above the Intraday support at 1.1380 while the advance scenario still applies. Traders need to watch the support of 1.1380 as the market still has a chance to move higher. Below 1.1380 more of a drop…
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USDJPY (The yen) halts the upturn USDJPY (The yen) bounced against the dollar after finding resistance at the 162.75 level. • The latest move above 162.50 has prompted some buyers to cover and could pave the way for a bearish…
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