Technical Analysis

The Dow managed to hit the target of 45135 last Friday. As we see over the previous chart the market managed to hit a rebound toward resistances 45315 and 45730. As long as the Dow remains below the second resistance  of 45730, the drop…
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Crude Oil managed to meet targets 101.50 and 104.35. As we see over the chart, the market dropped while still holding above the first support zone of 97.50-70. As long as the market remains above this zone, more advance towards the third…
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Gold hit the target of the 4600-10 zone. As we see from the Intraday chart, the market is still holding trades inside an uptrend channel with support around 4480 and resistance around 4620-40. Prices could remain volatile as traders await…
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The pair hit a correction towards the target and support of 157.25-65 and managed to rebound again. The market is still holding a trading zone with resistances around 160.20 and 161.95 where each resistance could push for drop a toward the…
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GBPUSD fell below the support trend of 1.3200 which could lead to another drop. As we see from the daily chart, if prices remain below 1.3200-30, more of a drop will be expected with support at 1.3010 leading to a rebound. Below 1.3000…
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The Euro managed to hold trades inside a trading zone as expected in the past two weeks. Prices still face pressure towards the 1.1200 zone with resistances at 1.1655. The market still faces pressure towards the 1.1200 zone with…
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GBPUSD continues to fall The pound remained in a bearish rally as price action continued to collapse. On the chart, the pair is still pushing for support towards the multi-month low of 1.3150. The latest bounce stalled around 1.3180 as…
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EURUSD sliding lower The dollar looks poised to hold onto recent gains as traders continue to move away from the gold market. With Donald Trump expected to announce new terms to his peace plan, the Middle Eastern conflict shows no signs…
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The Dow managed to hit the target of 45135 last Friday. As we see from the chart, prices fell below 45135 which could add more drop pressure. Prices face resistances at the 45260-315 zone and at 45730, where as long as the…
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