Technical Analysis

Crude Oil managed to meet the first target at the 93.00 zone. As we see over the chart, prices have room for a further advance toward the second target at 95.35, as the first Intraday support is at 90.00. Below 86.00 more of a drop toward…
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USDJPY added more value above 157.85 as the drop pressure still overshadows the market as traders expect an intervention from the Bank of Japan. Intraday prices show resistances at 159.00 and 160.00, whilst a drop wave could hit the market…
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GBPUSD fell toward 1.3180 as market support remains at 1.3140-60. As long as the market holds above the support zone of 1.3140-60, a rebound towards the 1.3350-1.3400 zone is likely. Below 1.3140 more of a drop towards 1.3000 is likely.…
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The Euro is still hovering around the downtrend resistance line as more pressure still affects the market. As long as prices hold below the resistance of 1.1240-80 the drop pressure could continue towards the target and support of 1.1065,…
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USDJPY driving higher The dollar kept up the pressure as the Fed set a slightly dovish tone for the remainder of the year. The latest move higher hit some resistance after testing the mid-158.00 area. 158.90 at the previous swing…
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XAUUSD looking for another high As Gold (XAUUSD) breaks higher, the main concern is whether a turnaround is on the horizon. Last week’s Fed signal that another rate hike is likely has seen a shift in momentum. With the yellow…
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The Dow managed meet the target of 50520 and hit a correction towards targets and resistance zone. As we see over the chart, the market faces resistances around 51870, where each resistance could add pressure for another drop.…
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Gold managed again to rebound toward the 4200 resistance zone. As we see over the chart, this resistance zone could push again for another drop towards the 4095 support. Above 4235, more advance is likely toward 4315. Below…
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Crude Oil passed above the downtrend resistance which could be the first sign of more advance. As we see over the chart, the market faces supports at 88.70 and 86.00-50 where each support could activate an advance wave towards…
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USDJPY added more value above 157.85 as the drop pressure still overshadows the market as traders expect an intervention from the Bank of Japan. Intraday prices show resistances at 159.00 and 160.00, whilst a drop wave could hit…
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