by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
The Dow managed today to break above the 44400 resistance which could push for a further advance. The intraday chart shows support around 44300 where as long as the market holds trades above it, more advance will be expected with resistances around 44700-50 and 45100....
by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
Gold hit another advance toward 3397 closing from our target of 3400-05. As we see over the Intraday chart, the market is facing an uptrend channel between support 3358-62 and resistance 3400-05. Above 3405 more advance will be expected with resistances around 3438...
by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
Crude Oil fell below the support of 67.50 which could push for a further drop. As we see over the chart the market is still facing the previous support at 63.70 which could create a trading zone towards 67.40. Prices yesterday hit below 63.70 and printed a low around...
by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
USDJPY managed to hit a rebound toward 147.87 as the market hit another dip toward 146.70 so far. As we see over the Intraday chart, prices still hold trades inside this trading zone between support 145.70 and resistance 148.00-20. SUPPORT RESISTANCE LEVEL1 146.60...
by Rami Abu-Draa | Aug 7, 2025 | Tecchnical Analysis
GBPUSD met the target of 1.3250 and fell lower. As we see over the chart, the market faces support around 1.3140 while resistance at 1.3385 could create a trading zone. Above 1.3385 more advance willl be expected with resistance around 1.3590. Below 1.3140 more of a...
