Dow Jones

The Dow managed to sustain trades above the 38900 support and rebounded toward 39450 in the last few trading days. As we see over the Intraday chart, the first support is at 38900 which could see some rebound correction and maybe higher…
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The EURUSD pair gives up gains The EURUSD pair saw a sharp turnaround after mixed manufacturing data came out of America. The downward momentum has turned corrective after coming into the supply zone 1.0710 from the June sell-off. A fall…
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The Dow dropped back to re-test the support zone of 39000-100. As seen on the Intraday chart, the first support is at 38900 which could mean that a correction could occur and maybe higher toward 39750. Below 38900, more of a drop will be…
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USDCHF bounces back The CHF softened as the greenback moved over 100 pips to break the 0.8900 level. After a progressive rally for most of the past month, a sharp turnaround saw buyers step back into the frame. Bulls must clear the next…
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As mentioned last week and as seen on our previous chart, the Dow is facing two main resistances around 38900 and 39220. If prices remain below one of those resistances, the. another drop toward 37700 will be expected. Above 39220, more…
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The Dow held prices below the resistance of 38900 and corrected towards 38250. As seen on the chart, the market still faces resistance around 38900 and 39220, while the downtrend pressure could sustain toward the target of 37700.…
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XAUUSD still undecided Gold remains caught in a loop as prices consolidate around the 2340 zone. The precious metal is at a crossroads on the chart, trading between the double bottom of 2320 and the congestion area formed by the…
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The Dow fell below 39150 whilst hitting the support target of 38500-600, as advised last week. If the market holds above the support of 38500-600, a chance for a rebound correction toward 39100-200 could hit the market. Below 38500,…
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XAUUSD remains elevated Gold increased as global tensions heightened as traders supported the yellow metal. The price continues to push for another record high whilst the daily RSI drops back to the neutral area. Any correction is likely…
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