Technical Analysis

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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Crude Oil managed to erase all war-time gains to closing towards the 68.00 zone. As we see over the chart, the market could find support around 67.00-68.00, which could cause a rebound that could lead towards the 79.20 resistance. Below…
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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 rebounded further after testing the support at 1.3160 as the market closed from the 1.3400-30 resistance zone. If prices remain below this zone, another retreat toward 1.3305 and 1.3160 could hit the market. Above 1.3430 more…
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The Euro advanced after the US payroll last Friday. Intraday shows the same levels with support at 1.1380 could keep the chance for a move to test the 1.1500-25 resistance zone. Below 1.1380 more of a drop could hit the market with…
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Weekly outlook covering Where AUDUSD(The Australian dollar)  and UKOIL,  SPX 500 analysis and key support and resistance levels shaping market expectations. AUDUSD steadily creeping higher AUDUSD(The Australian dollar) continues to…
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Intraday analysis covering USDCAD , XAUUSD(the gold) , and USOIL , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDCAD remains undecided The Canadian dollar seeks…
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USDCAD(The Canadian Dollar) drops 100 pips USDCAD(The Canadian Dollar) picks up gains against its neighbour as prices look for support. The major support of 1.4200 was easily broken thanks to yesterday’s NFP data, with 1.4180 on…
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Intraday analysis covering USDJPY(The Yen) , NZDUSD  , and SPX 500 , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDJPY sinks lower USDJPY(The Yen) clawed back losses…
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The Dow managed last week to break above the resistance of 52275 and advanced towards the target 53000 reversing below the resistance trend as we see from the chart. Prices are still showing signs of a further drop that could hit the…
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