Technical Analysis

Crude Oil managed to pass above the resistance of 96.90 which could push for an advance towards the target of 106.00-108.35. Prices are facing support around 93.90 where as long as the market holds above it, more advance will be expected.…
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USDJPY managed to hit the target of 157.50-70 and above. As we see from the chart, the market still has the chance for a further advance as this zone could control the market movement between support 155.00 and .resistance 160.20-60 Above…
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GBPUSD below 1.3485 which caused a further drop toward 1.3340-80. As we see over the chart, the market is facing a daily trend support around 1.3280 which could lead to a rebound with resistance around 1.3630. Below 1.3280 more of a drop…
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The Euro managed to break above the resistance level of the triangle formation to meet the first target at 1.8000. Resistance at 1.1800-35 caused a drop while supports at 1.1600 could create a trading zone. The market managed today to…
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Intraday analysis covering NZDUSD, USDCHF hitting a new high, and S&P500, focusing on short-term price action, key support and resistance levels, and intraday market momentum across major instruments. NZDUSD stuck in a descending…
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Intraday analysis covering USDCAD pushing higher, EURGBP, and US 30, focusing on short-term price action, key support and resistance levels, and intraday market momentum across major instruments. USDCAD pushing higher The greenback…
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The Dow is still facing an all time high resistance around 50500 which could give the chance for a trading zone towards the 48100-500 support zone. Above 50500 more advance toward 51000 and 51600 could hit the market. Below 48100 more…
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Gold managed to pass above the resistance of 4680 which could lead to a further advance towards target 4765-95. As we see over the chart, the market is facing support around 4590-4630 which could keep the advance movement towards the…
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Crude Oil managed to pass above the resistance of 96.90 which could push for an advance towards the target of 106.00-108.35. Prices are facing support around 93.90 where as long as the market holds above it, more advance will be…
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USDJPY managed to hit a fast drop after the Bank of Japan threatened to intervene in the market to back up the currency. As we see from the chart, prices managed to test the trend support around 155.00-60 which could lead to a trading zone…
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