Daily trading with volume is a cycle of price behavior analysis, combined with the actual volume that is drawn from the underlying stock (regulated market).


DJIA

On the US.30 graph you can see continuation of growth in a flag formation. The test of support at 20600 points and the lower edge of the formation was characterized by an increasing bulls response. Growth with increasing volume confirms advantage of buyers. Resistance is in the vicinity of the last highs and round level of 20700 points.

OIL.WTI

US WTI crude oil prices are in a rising trend. Actually we see a correction. Price is around $ 50.50 level, where a confluence for the area is 38.2% of the FIBO abolition, the upward trend line and bullish engulfing candle. The new maximum will likely lead to further buyer pressure and will open the way to a resistance test at $ 51.00.

GBPUSD

The GBPUSD chart shows strong supply pressure. The falls stopped in the vicinity of support, with 50% FIBO abolition and 1.2500. At present the graph shows increasing demand pressure. Resistance is around the 1.2550 round.

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