Technical Analysis

The Dow managed meet the target of 50520 and hit a correction. As we see over the chart, the market faces resistances around 51520 and 51870, where each resistance could add pressure for another drop. Above 51870 more advance…
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Gold still holds inside a trading zone while support remains around 4100-25 and resistance is at 4220-45. The market could hold this zone for some time while a break below or above could push for further movement in that…
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Crude Oil managed to meet the target and resistance of 95.90, before prices dropped again towards the support 87.35. This trading zone is still valid between support 87.35 and resistance 95.90. Above 96.35 more advance is…
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USDJPY added more value above 157.85 as the drop pressure still overshadows the market as traders expect an intervention from the Bank of Japan. Intraday prices show resistances at 159.00 and 160.00, whilst a drop wave could hit…
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GBPUSD fell toward 1.3180 as market support remains at 1.3140-60. As long as the market holds above the support zone of 1.3140-60, a rebound towards the 1.3350-1.3400 zone is likely. Below 1.3140 more of a drop towards 1.3000 is…
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The Euro broke below the 1.1200 support and if prices remain below the daily close at 1.1240, the drop pressure could continue towards the target 1.1065. A close above 1.1240 could lead to a rebound toward 1.1330-50. Support at…
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XAGUSD finds a bounce Silver (XAGUSD) attempts to break away from the recent triple bottom after confirming its position above 61.00. A jump above 62.00 would force more sellers to cover, stirring volatility. 65.00 might be the…
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Dow managed meet target 50520 while managed to hit rebound correction so far As we see over the chart, market facing resistances around 51520 and 51870 where each resistance may put drop pressure for another drop Above 51870 more…
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Gold still holding trades insode this trading zone while support still around 4100-25 and resistance zone at 4220-45 Market may hold this zone for some time while a break below or above may push for farther movemnt in that direction…
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Crude Oil managed to meet target and resistance 95.90 before market drop again toward support 87.35 This trading zone still valid between support 87.35 and resistance 95.90 Above 96.35 more advance is likely Below 87.35 more drops…
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