Technical Analysis

Gold resumed the free fall on early Asia trades today before rebounding quickly. As we see over the chart, the market could hold some kind of trading zone between resistance 4150 and support 4080, before resuming the advance to test the…
Read More

The Dow managed to print few points above the resistance of 47100, which could lead to a further advance. As we see from the Intraday chart, the market is facing support around the 46500-600 zone, where if prices hold above it, more…
Read More

Crude Oil broke above the resistance at 57.60 which could push for an advance. As we see over the Intraday chart, the market is facing a support zone at 56.70-90. If prices remain above the mentioned support zone, more advance toward…
Read More

GBPUSD managed to print above the resistance of 1.3320-60 last Friday, which placed mix signals over the upcoming projection. As we see over the Intraday chart, the market looks towards a trading zone between support 1.3320 and…
Read More

USDJPY moved above the resistance/support of 151.40 which could push for another advance. As we see from the Intraday chart, the market is facing a support zone at 151.05-40, where if prices hold above it, more advance toward 152.60 and…
Read More

The Euro fell below the support of 1.1610 which could create some more pressure over the market. Prices still face support at 1.1545, whilst the resistance zone at 1.1725-75 could create a trading zone while awaiting more signals.…
Read More

EURUSD breaks lower The euro tumbled as the dollar gained some ground over its competitors. After a short-lived grind over 1.1700, a bearish breakout has seriously dented the bullish bias from the daily chart’s perspective. The next…
Read More

Dow moved above 46700 as the market is still facing the 47000-100 resistance zone. Prices face a chance for a trading zone between support 46200-400 and resistance 47000-100. As long as the market holds above the support zone of…
Read More

Gold managed to break above the resistance of 4280 yesterday and added more advance toward targets 4320 and 4370-80. As we see from the Intraday chart, prices tested the resistance of 4370-80 several times, while as long as the market…
Read More