Technical Analysis

Gold broke above 3762 last week and hit the targets of 3791 and 3820 and above. As the market still holds the uptrend rally, Intraday charts show the first support at 3830-40. If prices hold above it, a chance for more advance…
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Crude Oil fell below 63.20-80 which could push for a further drop to test the support trend at 61.60-62.00, as we looked at the opposite scenario last week. The market is facing a support trend around 61.60-62.00, and if prices…
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If prices remain below the 151.25-45 resistance, a correction is likely. Above 151.45 more advance toward 154.65 will be expected, with supports at 148.50 and 147.15. SUPPORT RESISTANCE LEVEL1 148.50 150.45…
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GBPUSD managed to rebound to the edge of the 1.3465 resistance while prices hold below. As long as market keep holding trades below 1.3465 a chance for a further drop towards 1.3250 is likely, which in turn could activate a…
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The Euro moved back to test the resistance of 1.1750, which could lead to another drop lower. If the market holds below 1.1750, the pressure could sustain as the support at 1.1575 could create the chance for a rebound. Above…
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( XAUUSD ) gold hits another peak ( XAUUSD ) gold maintained its bull run as inflation, rate cuts and tariff agendas drive the rally. A break above the daily resistance at the psychological level of 3800 has put sellers on the…
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EURUSD grinds major support The euro retreated further as strong GDP data from America saw another 100 pips wiped off the pair. On the chart, the price is grinding against the recent bottom at 1.1650, as this is a critical level to halt…
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(UKOIL) crude meets heavy resistance (UKOIL) crude prices remained indecisive with concerns over global demand and elevated risks of a slowdown. The current bullish rally was capped by potential oversupply from the Middle East. With…
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The Dow has begun to show weakness in reflection of a Rising Wedge formation. As we see over the chart, the market is facing resistance around 46125-225, and if prices remain below it, more of a drop towards 45600 and 44925 will…
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