Market Observations

FX Market Observation 14.07.22
EURCHF

By SGT Technical Analysis / 14 Jul 2022

Follow up on the earlier EURCHF observation, the long term SHS formation is still in play, break of the neck-line…

FX Market Observation 26.07.22
EURUSD

By SGT Technical Analysis / 12 Jul 2022

Follow up on the earlier EURUSD 12th July observation, no really support at parity but bounced from there after low…

Equity Market Observation 11.07.22
DAX Index

By SGT Technical Analysis / 11 Jul 2022

Looking at the chart back till 2009 then it’s tempting to close short and go small long around the rising…

FX Market Observation 09.07.22
EURUSD

By SGT Technical Analysis / 08 Jul 2022

Follow up on the earlier EURUSD observation, the trendline back from 2002 broke earlier this year in March at around…

FX Market Observation 08.07.22
USDCHF

By SGT Technical Analysis / 08 Jul 2022

Having broken out of the triangle formation on daily chart, market has retested break level and now look setup to…

Equity Market Observation 08.07.22
Dow Jones

By SGT Technical Analysis / 08 Jul 2022

Follow up on earlier observation, Dow Jones tested the first FiBo support 23.6% and had as expected a bounce, technically…

Energy Market Observation 08.07.22
WTI Oil

By SGT Technical Analysis / 08 Jul 2022

Having seen major gain after the Russian invasion. The chart shows well defined boundaries shown by the red lines. We…

Crypto Market Observation 07.07.22
BTC/USD

By SGT Technical Analysis / 07 Jul 2022

Major technical damage was inflicted on break of the $28,000 area, with a sharp sell. Daily charts show a down…

Metals Market Observation 06.07.22
Gold

By SGT Technical Analysis / 06 Jul 2022

Short rising trendline has been broken and we are looking for a test around 1700, the continuation pattern on momentum…

Equity Market Observation 06.07.22
DAX

By SGT Technical Analysis / 06 Jul 2022

Having broken trendline support and major topping formation at 14,800, market is retesting lows for this move around 12,500 level.…