Technical Analysis

Gold managed to fall below the support of 4996 and managed to print a low around 4967. As we see from the previous chart, a chance for a trading zone between support 4960 and resistance 5065 could hold the market. Below 4960 more of a…
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Crude Oil is still holding an uptrend wave with escalating tensions between US-Israel and Iran, The market has begun to absorb Trump's continued rhetoric regarding eliminating Iran and reopening the Strait of Hormuz, keeping the pressure…
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As we see from the previous chart, the market is facing a resistance zone at 47215-450, where if the market holds below it, more of a drop will be expected with supports at 46300 and 45700. Above 47450 more advance will be expected with…
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The pair managed to drop and still faces resistances around 160.20 and 161.95, where each resistance could push for a correction towards the 157.25-65 zone. Above 161.95, the market could enter a new uptrend wave with the first target…
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The pair managed to rebound after printing a 1.3217 low last Friday. As we see from the Intraday chart, prices face a support trend around 1.3200, which could give the chance for a rebound towards 1.3460-80. The market rebounded towards…
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The Euro retreated from the resistance of 1.1655 and managed to close from the target and support of 1.1400 last Friday before rebounding as expected. The market is still facing pressure towards the 1.1200 zone with resistances at 1.1530…
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( SPX 500 ) S&P looking for a lifeline The ( SPX 500 ) S&P looks for a lift after cementing its third weekly loss. On the chart, the bearish rally has come to a halt after the index found support at 6630. Sentiment remains…
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As we see from the previous chart, the market is facing a resistance zone at 47215-450, where if the market holds below it, more of a drop will be expected with supports at 46300 and 45700. Above 47450 more advance will be expected with…
Read More

Gold managed to fall below the support of 4996 and managed to print a low around 4967. As we see from the Intraday chart, a chance for a trading zone between support 4960 and resistance 5065 could hold the market. Below 4960 more of a…
Read More