Technical Analysis

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 and…
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Gold retreated from the resistance of 4200 while managing to meet the target of 4100 and broke below it today. Intraday shows a chance to test the support at 4020-30 which could push for a rebound to test the 4095-4100 zone. Below 4020,…
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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 could hit…
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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 measures…
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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 1.3160 could…
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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 after President Donald Trump declared the ceasefire between the US and Iran is over which…
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Intraday analysis covering GBPUSD , XAUUSD (The Gold) , and USOIL , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. GBPUSD hits resistance Cable had a July to remember,…
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Intraday analysis covering USDCHF , EURJPY , and GER40(The DAX) , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDCHF finds support The dollar strengthened across the…
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Our previous outlook for the Dow Jones still stands. The index managed again to re-test the 53000 resistance zone as the market still shows a chance for retreat. Above 53000 more advance would be likely toward 55000. …
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Gold managed to meet the target of 4200 early today. As we see from the chart, prices are facing a trading zone between support 4100 and resistance 4200-20. Above 4220 more advance toward 4300 will be expected. Below 4100 more of a drop…
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