S&P 500: The market has broken through the key support area at 1339.40 to 1347.40. This level is supported by the 38.2% retracement from the December 19 swing low.We could test 1313.00. ...

GOLD: The market has taken out the support at 1570.22. We could be testing 1548.21 next, which is the next target of the triangle formed since last March.We see first resistance at 1570.22. Below ...

FOREXThe Dollar is strong and the Dollar Index is at 80.69 and above the resistance at 80.35. It can test 81.50 then 81.80.The is now below the key support at 1.2850 and may test 1.2660 then 1.2630 ...

USD/JPY: We are seeing the key support at 79.52 and 79.35 holding.For now first support is immediate support is now at 79.70. Below that level can test the before mentioned levels at 79.52 and ...

Asian rose in a choppy session as Europe worries investors and China loosened monetary policy.The Hang Seng rose 0.3% and the Shanghai Composite was up 0.2%.The Nikkei was up 0.3%. Australia’s ...

FOREXThe Dollar index is near a key resistance. If that holds we might test 79.75 and then 79.50. The Euro is above the support at 1.2880 and then 1.2650. A move below 1.2850 can test 1.2660 and then ...

S&P 500: Yesterday the market formed some hammer candlesticks; these were negated as the S&P fell through the support at 1363.50. We can now test 1347.40 and then 1339.40. Below that sees ...

Chinese trade data fell sharply in April. We saw both export and import growth falling. These prints came in well below what was expected. This could renew concerns about China’s resilience to ...

The breaking news this afternoon where Greece will get another 5.2 bln euros from emergency aid explains the central bank’s tough efforts to keep the currency above the key technical level of ...

GBP/USD: The market is seeing some signs of a medium-term top forming around the 2012 high at 1.6300. Looking down, we see first support at 1.6100 and then 1.6075 as key support and below that ...