Technical Analysis

EURUSD finds support The US dollar remained on the front foot as the pair grinds lower. A previous move below the daily support of 1.1550 kept the bulls on the defensive before a subsequent bounce. A drop below this base of the rebound…
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AUDUSD on the comeback trail The AUDUSD looks to break out of its stiff consolidation as the greenback's momentum continues. This week's business confidence data and the next round of central bank meetings will be crucial for…
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USDCHF pushes higher The US dollar maintains its bullish rhetoric as the Fed gave more signals regarding its next rate cut. The franc came under more pressure as prices spiked above the psychological 0.8000 level. A bounce above the next…
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The Dow still shows advance signals as the market faces supports around 46350 and 46150. If the market holds above one of those supports, the advance wave will remain ongoing toward the second of target 47500. Below 46150, more of a…
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Gold is facing some pressure over the Intraday frame where the trend resistance is at the 4030-35 zone. If the market holds below the said resistance, the drop pressure could sustain with a trading zone towards 4000. Below 4000 more…
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We still hold our previous outlook over Crude Oil. The market managed to fall below the support of 61.25 as expected, while the target is still toward 59.50. Intraday resistance is at 62.70-63.35, while as long as the market holds…
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USDJPY met the second target of 150.90-151.45 whilst managing to break above it two days ago. Our new target is now toward 154.65. As we see over the chart, the market is facing a support zone around 150.90-151.45 and 149.75, and if…
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GBPUSD fell below 1.1400 which could cause a further drop. Prices face resistance around 1.3460, as the market holds below it, more of a drop will be expected as support at 1.3330 could push for a rebound. Below 1.3330 more of a drop…
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The Euro resumed the downward movement and yesterday hit a low at 1.1598. As we see over the Intraday chart, the market is still facing support at 1.1575, where as long as the market holds above it, a rebound will be expected with…
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