Technical Analysis for Gold 6-8-2015

Technical Analysis for Gold 6-8-2015

Gold moved yesterday in the average movement of 95 Pips, its highest level at 1092.43 and the lowest price at 1082.85 and closed at 1084.33 to Lose 31 pips According to yesterday’s economic data.

Gold opened today's trading at 1084.87 and in a suddenly movement fall down to 1081.28 and held steady volatile between 1083 and 1087 during the Asian session trading at 4 Dollar for the poor liquidity in the market range.

Gold is moving in a series of down corrective waves inside the flag to record the lower price over 66 months at 1077.15

It is expected that the yellow metal is heading targeting 1093 as a target on time frame of four hours and until now we see the Bulls control on market direction and the Bulls waits the first support Level to enter the market

And the Relative Strength Indicator "RSI" show us accumulation operations at the market

Today we could see sharp trading because of the economic data from the USA

Support levels: 1080.64 and 1076.95 and 1071.06

Resistance levels: 1090.22 and 1096.11 and 1099.80

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Technical Analysis for Silver 6-8-2015

Technical Analysis for Silver 6-8-2015

Silver moved yesterday in the average movement of 22 cent, its highest level at 14.71 and the lowest price at 14.48 and closed at 14.58 to lose just 2 Cents according to yesterday's economic data.

Silver opened today's trading at 14.55 volatile between 14.54 and 14.63 during the Asian session trading at 9 Cents for the poor liquidity in the market range.

Silver moves in a series of down correction waves inside the parallel price channel and now it is trading close to the upper limit

It is expected that the silver is heading targeting 14.40 again as the target on time frame of four hours and until now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from the USA

Support levels: 14.47 and 14.36 and 14.24

Resistance levels: 14.70 and 14.82 and 14.93

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Technical Analysis for Dow-Jones 5-8-2015

Technical Analysis for Dow Jones 5-8-2015

Dow Jones moved yesterday in the average movement of 132 pips, its highest level at 17555 and the lowest Level at 17423 and closed at 17454 to lose 52 pips during yesterday’s trading.

Dow opened today's trading at 17407 volatile between 17403 and 17458 during the Asian session trading at 55 Pips for the poor liquidity in the market range, and in the European session the pair went up to 17485

Dow moves in a series of down corrective waves below the trend line.

We saw the American Index achieved our target at 17420

It is expected that the Dow is heading targeting 17420 again as the target on time frame of four hours and until now we see the Bulls control on market direction

And the Relative Strength Indicator "RSI" show us accumulation operations at the market

Today we could see sharp trading because of the economic data from the USA

Support levels: 17399 and 17345 and 17267

Resistance levels: 17531 and 17609 and 17663


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Technical Outlook For Usd-Jpy 5-8-2015

Technical Outlook For Usd-Jpy 5-8-2015

Usd/Jpy pair moved yesterday in the average price movement of 60 Pips, it recorded the highest level at 124.39 and the lowest levels at 123.79 levels and closed at 124.37 to Gain 35 pips According to yesterday’s economic data.

The pair opened today at 124.36 oscillatory between the 124.26 and the 124.46 levels during the Asian session in a trading average of 20 pips for the limitation of the market liquidity.

The pair is trading in up impulse waves above the ascending trend line

It is expected that the pair Usd against the Jpy will go to targeted level at 124.90 in the next few hours.

And the Relative Strength Indicator "RSI" show us distribution operations at the market and the control of Bears on the market

Medium term trend: UP

Support levels: 123.97 and 123.58 and 123.37

Resistance levels: 124.57 and 124.78 and 125.17

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Technical Outlook For Gbp/Usd 5-8-2015

Technical Outlook For Gbp/Usd 5-8-2015

Gbp/Usd pair moved yesterday in the average price movement of 75 Pips, it recorded the highest level at 1.5632 the lowest levels at 1.5556 levels and closed at 1.5561 to lose 23 pips according to yesterday's economic data.

The pair opened today at 1.5560 oscillatory between the 1.5530 and the 1.5568 levels during the Asian session in a trading average of 38 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.5588

The pair is moving in a series of down corrective waves after breaking the wedge.

It is expected that the pair Pound against the dollar will go to targeted level at 1.5620 in the next few hours According to the economic data today.

The Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Medium term trend: up

Support levels: 1.5534 and 1.5507 and 1.5458

Resistance levels: 1.5610 and 1.5659 and 1.5686

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Technical Outlook For Eur-Jpy 5-8-2015

Technical Outlook For  Eur-Jpy 5-8-2015

Eur/Jpy pair moved Yesterday in the average price movement of 90 Pips; it recorded the highest level at 136.15 and the lowest at 135.26 and closed at 135.33 to lose 48 pips during yesterday’s trading.

The pair opened today at 135.32 oscillatory between the 135.00 and the 135.46 during the Asian session in a trading average of 46 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves after breaking the triangle.

It is expected that the pair eur/jpy will reach the targeted level at 134.50 in the next few hours.

The Relative Strength Indicator "RSI" reveals that the distribution operations at the market and the control of Bears on the market.

Medium term trend: up

Support levels: 135.01 and 134.69 and 134.12

Resistance levels: 135.90 and 136.47 and 136.79

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Technical Outlook For Eur-Usd 5-8-2015

Technical Outlook For Eur-Usd 5-8-2015

Eur-Usd pair moved yesterday in the average price movement of 108 Pips, it recorded the highest level at 1.0986 and the lowest at 1.0878 and closed at 1.0880 to Lose 68 Pips during yesterday’s trading according to the economic data.

The pair opened today at 1.0880 oscillatory between the 1.0854 and the 1.0892 levels during the Asian session in a trading average of 38 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves after breaking the wedge and we see now the pair is trading close to the ascending trend line.

It is expected that the pair Eur-Usd will reach the targeted level at 1.0930 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0843 and 1.0806 and 1.0735

Resistance levels: 1.0951 and 1.1022 and 1.1059

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