Technical Analysis

The Dow tested the resistance zone at 52700-800, which still holds the market down. As long as prices hold below this resistance, a drop correction toward 51000 is likely. Above 52935 more advance toward 53700 is likely. SUPPORT…
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Gold fell below the 4020 support and managed to hit the target and support zone of 3942-76. As we see from the chart, the market faces a chance for a rebound correction as long as it keeps holding above 3942. Below this support a further…
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Crude Oil printed lows below 100 before rebounding. As we see from the chart, the advance wave is still ongoing while more highs are likely as long as prices hold above the second support zone of 95.40-96.35. Below this zone, more of a…
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Traders still fear pushing the market further up, as the BOJ may intervene again to support the Yen. A drop formation is looking to test the support zone at 153.90-154.40. Above 159.60 more advance is likely with caution. SUPPORT…
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Support at 1.3140-60 managed to push the market to a rebound correction, with prices pushing a few pips above 1.3400 before the drop pressure returned. As we see from the chart, a trading zone is still possible here. Below 1.3140 more of…
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The Euro managed to hold below the downtrend resistance line as pressure still affects the market. The market again tested the support at 1.1115 and managed to rebound, closing from the resistance zone. As long as prices hold below the…
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EURUSD finds support The EURUSD pushed higher after the recent Fed meeting saw mixed signals. The pair is looking to confirm a break above 1.1200. Clearing the psychological zone would move prices towards the recent peak at…
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The Dow tested the resistance zone at 52700-800, which still holds the market lower. If prices hold below this resistance, a correction towards 51000 is likely. Above 52935, more advance toward 53700 is expected. SUPPORT RESISTANCE…
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Gold managed to test the target and resistance zone of 4075-90 to drop lower. As we see over the chart, a trading zone is likely here between support 4020-30 and resistance 4075-90. Below 4020 more of a drop is likely, while supports at…
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Crude Oil printed a low below 100 before rebounding. As we see from the chart, the advance wave is still ongoing while more highs are likely if prices hold above the second support zone of 95.40-96.35. Below this zone, more of a drop…
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