Technical Analysis

USDJPY multi-decade high The Japanese yen remains pressured after the pair broke another fresh high. The bullish bias stays intact as the pair continues the climb alongside a rising trend line, reflecting a strong JPY trend. The bullish…
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As projected last week and as seen on our previous chart, the USDJPY pair managed to break above the 160.00-20 resistance zone, which could keep the uptrend toward the second target of 162.00. On the chart, the market is facing the first…
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As projected last week and as we see on our previous chart, the Dow managed to sustain trades above the 38900 support and rebounded toward 39450. The Intraday chart shows the first support laying at 38900, which could keep the chance for…
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Gold still holds our expected trading zone between the support 2315-18 and resistance 2355-58. Prices were managed again today to re-test the support zone of 2315-18, while the first Intraday resistance was at 2340. Below 2315, more…
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Crude oil still holds the advanced wave, with prices moving toward the 83.00-60 target zone. The market could sustain this trading zone where support is still around 80.00. Above 83.60, the market could head for a further advance…
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As seen on our previous chart, we still hold our previous outlook for the EURUSD. The market closed from the triangle support trend and managed to print a 1.0665 low last week. If the market holds above the support trend of 1.0650, a…
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GBPUSD still shows chances for a rebound correction toward 1.2740-60 if prices keep holding above the 1.2610-25 support. Below 1.2610, more of a drop will be expected, with the target towards 1.2450. Above 1.2770, the market could add…
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USOIL remains bullish WTI crude continues the rally due to supply threats over recent geo-political tensions. The price remained bullish after moving over $10 in value this month. A series of failed dips in price action sees bulls firmly…
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As we projected yesterday and as seen on our previous chart, the Dow managed to sustain trades above the 38900 support and rebounded toward 39275. As we see on the Intraday chart, the first support is at 38900 which maintains the chance…
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Gold managed to break above 2318 where the market is now inside our target zone of 2335-38. As we see on the chart, a possible trading zone between the support 2315-18 and resistance 2358-60 could hold the market while eyes on US PCE index…
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